Month: May 2011

Conveyancing

LSB seeks to manage rather than ban referral fees.

The Legal Services Board final report into the review of referral fees has been concluded.  The “Decision Document” which runs to 43 pages sets out the outcomes that it wishes to secure for consumers. These outcomes are to generally allow referral fees subject to specific measures to reduce the potential likelihood of harm.  Measures include […]Read More

Conveyancing

Britain a nation of renters thanks to credit crunch?

A report commissioned by Halifax and produced by the National Centre for Social Research (NatCen) has identified that 64 per cent of non-homeowners believe that they have no prospect of buying a home, indicating an emergence of what they are calling ‘Generation Rent’. Based on the report if ‘Generation Rent’ becomes reality the impact on […]Read More

Conveyancing

Halifax tighten their lending criteria further

From today Halifax say that all applicants applying for an interest only mortgage will be also be required to provide evidence of a suitable repayment plan, as initially reported on Mortgage Introducer last week. Halifax commented on the measure: “As a responsible lender, we believe that it is necessary to ensure our borrowers have an […]Read More

Conveyancing

JS Law launch new social media based website My Move

During difficult times many medium sized firms have put on hold discretionary expenditure.  JS Law have bucked this trend following a successful social media campaign by their Marketing Manager Mandy Cumbers.   Focusing primarily on twitter they have tweeted nearly 600 tweets and concluded that the benefits justified a new site and brand. With only […]Read More

Conveyancing

First Time Buyers need more help

It is believed that first time buyers are the biggest casualties of the house price boom and bust culture with the trend continuing to this day.  The UK housing market has taken a severe beating thanks to the effects of the credit crunch. House prices grew by more than 230% between 1996 and 2007. Though […]Read More

Conveyancing

Jump of 25 per cent in properties for sale

Latest reports from the National Association of Estate Agents show a jump of 25% in the number of properties for sale compared to 12 months ago. Sellers have become more realistic with price expectations when putting their house on the market. Supply is currently meeting demand giving rise to a more stable market, at least […]Read More

Conveyancing

Average age of first time buyers now 38

It isn’t steep house prices that are keeping first time buyers away from the housing market it is the on-going issue of strict lending criteria and completely unachievable deposits, which only bank of mum and dad seem to be able to afford, although how long that will continue remains to be seen. Take into account […]Read More

Conveyancing

Consumer confidence remains subdued in April

Whilst recent figures showing a return to growth in Q1 2011 helped to allay fears of a double dip recession consumer confidence is still hovering dangerously close to the record low that we saw in February.  The Index is currently 43, 32 points lower than at the same point last year and 37 points below […]Read More

Conveyancing

To buy or not to buy?

A new report from Savills has indicated that the private rented sector will account for one in five homes by 2016.  Rents also look likely to continue their upward trend with average prime London rent showing a 12 per cent increase over the last year. Rental demand from overseas corporate tenants has also increased with […]Read More

Conveyancing

Charity begins at myhomemove

Conveyancers from the conveyancing firm, myhomemove, managed to conquer Ben Nevis, an ascent of 4,409ft, to raise money for the Peristera Children’s Home in Sri Lanka, a safe refuge for 41 abandoned children. The 15 climbers, with a great team spirit, overcame adverse weather conditions at the summit and safely reached the top, raising over […]Read More

Conveyancing

Are brokers burying their heads in the sand?

A survey carried out by law firm Goldsmith Williams has revealed that 76 per cent of brokers, sampled from Goldsmith Williams’ database, were completely unaware as to what an Alternative Business Structure (ABS) is, leaving them unable to take advantage of the opportunities that will be presented. A sizeable proportion of brokers, 63 percent, did […]Read More

Conveyancing

SearchFlow gets new corporate identity

Yesterday saw Decision Insight Information Group, formerly the Property Information Division of MDA Corporation, announce that they are to unite nine of its companies under a new global brand and identity.  All of the companies will continue to provide risk management and due diligence solutions within the property industry across the U.S., Canada and Europe, […]Read More

Conveyancing

Property Law Summaries available for May

Below are the summaries for the latest Property Law UK update: Easements Section 62 – user required: In order to establish that an easement has been created under s62 of the Law of Property Act 1925 it is necessary to establish that there was actual user of the putative servient land by the putative dominant […]Read More

Conveyancing

Serious conveyancers hear that CQS is a last chance saloon

Last week at the Conveyancing Association Summer Reception Eddie Goldsmith introduced the Conveyancing Association as a collection of the “serious” conveyancers in the country that wanted to differentiate themselves from the rest by their quality of work. With a membership of 45 firms which has grown from 19 members last September Eddie Goldsmith described the […]Read More

Conveyancing

ETSOS shortlisted for more awards than any other company at

Online property services provider ETSOS were, despite having only being launched 12 months ago, recently recognised with nominations in four different categories of the PPS Awards, announced at the Grosvenor House Hotel in London last week.  ETSOS were nominated for: Best New Estate & Letting Management Solution  Best Agency Technology Award  Best Conveyancing Technology  Best […]Read More

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