Month: October 2010

Conveyancing

Online property searches soar

Email4Property, the UK’s largest online network of estate agents, has seen a surge in market activity in the three months to October, with the number of people looking to buy or rent increasing by nearly a fifth. Enquiries to the website increased by 18.6% in the third quarter of this year. Of these, a staggering […]Read More

Conveyancing

More cash buyers in London

With a shortgage of mortgage finance and broker activity conveyancers have sought to market themselvesas specialists serving certain specialist markets like sale to rent back or what remains of the broker market.  Marsh and Parsons the central London estate agent with 14 branches has recently reported that the London property market is less exposed to […]Read More

Conveyancing

Precise Mortgages approved by FSA

Precise Mortgages, the specialist mortgage lender, has today confirmed that its application to enter into regulated mortgage contracts as lender has been approved.  We have previously reported that Precise have a very restricted panel of conveyancing firms on their panel and that they justify it to avoid fraud. Precise Mortgages launched into the unregulated buy-to-let […]Read More

Conveyancing

SRA reports on final stage of Handbook overhaul

The Solicitor’s Regulation Authority (SRA) has published its findings from its consultation with members in May this year. The SRA proposes changes to the new SRA Code of Conduct (the Code) and other sets of rules in the Handbook, moving towards new broader principles. The deadline for responses to this consultation is 13 January 2011. […]Read More

Conveyancing

PCCB draws up revised Code

The PCCB has today welcomed the publication of a revised and strengthened Search Code by the Council of Property Search Organisations (CoPSO). With the suspension of Home Information Packs (HIPs) in May 2010, and the resultant loss of the legal framework for searches that the HIP Regulations provided, it was vital that the Code was […]Read More

Conveyancing

Possession orders: the absent defendant

Ian Peacock of New Square Chambers has kindly allowed us to republish one of his recent articles. Possession orders: the absent defendant A possession order is made in the absence of the defendant who has been served with the claim. The defendant subsequently applies to set aside the order. What principles govern the application? That […]Read More

Conveyancing

6% growth in gross lending in October

Gross mortgage lending grew to an estimated £32.4 billion in October, rising nearly 6% from £30.6 billion in September and £30.6 billion in October last year, according to the Council of Mortgage Lenders. While the increase is higher than the 3% seasonal rise that might typically be expected between September and October, the figure predominantly […]Read More

Conveyancing

Private sector investment for the Land Registry

Alan Riley of Property PSL http://www.propertypsl.co.uk has allowed us to republish his article on the Land Registry Private sector investment for the Land Registry Posted by Alan_Riley on Sun, 17/10/2010 – 12:16 As part of the review of Government spending, the Land Registry reports that officials in the Ministry of Justice have been asked to […]Read More

Conveyancing

Innovation award for automatic title checking.

In a recent blog article Breeze and Wyles explain that they have won the Best Single Innovation of the Year award for 2010 from Lawnet for their automated title checking system. With a technical innovation that will surprise those conveyancers that are not fully immersed in volume remortgage work Breeze and Wyles have won the […]Read More

Conveyancing

Barclays drops ERC for tracker mortgage switches

In a move that may depress the remortgage market more Barclays is extending its Switch & Fix feature to all existing Woolwich mortgage customers who have taken out tracker deals. Barclays is the first provider to give all existing tracker mortgage customers a ‘get out of tracker deal’ service. Switch & Fix (or ‘drop lock’) […]Read More

Conveyancing

And the social network marketing winner is…

Borrowing from a tweet by Paul Hajek of Clutton Cox we focus on a prestigious award for a conveyancer that was open to the whole legal profession..  The annual 360 legal group awards dinner was held on the 7th October near Tower Bridge in London and the winners were: 1. Most Innovative Marketing Idea: Birmingham […]Read More

Conveyancing

IRIS Legal World – Are you ready to face the

IRIS the legal software provider that claims to have 40% market share and over 550 clients held “IRIS Legal World” conference today in Manchester.  Today’s Conveyancer went along to listen and learn what the large software house had to say to conveyancers in this difficult climate. Doug Hargrove the Managing Director, IRIS Legal opened the […]Read More

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