Month: April 2012

Conveyancing

Identity fraud rockets

CIFAS tells us that the “age of data-enabled fraud” has arrived.  The first quarter of 2012 saw: – Overall fraud increased by 30 percent, compared to the same period in 2011. – Overall fraud figures driven by a 40 per cent increase in identity fraud and a staggering 86 per cent increase in the takeover […]Read More

Conveyancing

10% increase on equity release sales

SHIP, the trade body for equity release providers, released the market figures for the first quarter of 2012 last week. Total advances were up by 10 per cent, £199.1 million for total advances, compared to £181.6 million for Q1 of 2011.  According to SHIP, traditionally there is a fall in the number of plans sold […]Read More

Conveyancing

Last day to enter

Today is the last chance to enter the LFS Conveyancing Awards — with many firms using the awards to market their firm Richard Mathias of Law Firm Services asks "what better way than being crowned one of the  Regional Conveyancers of the year ?" Enter today at http://www.lfsconveyancingawards.co.uk/Read More

Conveyancing

Bogus firm warnings from SRA

The Solicitors Regulation Authority (SRA) is concerned enough about the number of fake law firms being set up that they have issued guidance to the public.  This guidance is aimed at ensuring the public are able to establish whether the law firm they choose is a genuine law firm. A number of fake firms have […]Read More

Conveyancing

Double-dip recession could slow the housing market further

Quick Move Now’s Donna Houguez comments, in response to the UK’s entrance into a double-dip recession:  “The announcement that the UK has entered its first double-dip recession since 1975, a situation expected to last well into the summer, adds further stress onto an already severely depressed housing market.  Whereas a positive growth result may have […]Read More

Conveyancing

CQS firm named as ABS by SRA

Many have said that the conveyancing market has been open to external investment for some time. Examples have included Countrywide the estate agent working with Countrywide Conveyancing Services and myhomemove investing in Premier Property Lawyers.  So what difference is ABS’s going to make if anything at all?  Well it looks as if we are about […]Read More

Conveyancing

Fentons Solicitors capture every call

Fentons Solicitors is one of the country’s leading claimant personal injury law firms, with offices in both London and Manchester.   "Using Moneypenny means no caller is ever made to wait.”   Before using Moneypenny, all calls to its offices were handled by an in-house reception desk, with overflow calls answered by back-office admin teams. Whenever […]Read More

Conveyancing

ETSOS launches video nicey

Not every company would let its clients loose on camera but online search provider and conveyancing technology specialist ETSOS has done just that in its new promotional video. Eschewing traditional marketing puff for letting clients tell it like it is, the two-minute film neatly captures the differentiators that have made ETSOS one of the fastest-growing […]Read More

Conveyancing

SRA responds to Financial Protection policy comments

The SRA has this week published the feedback which was received over the consultation over its Financial Protection policy.  This consultation ran for 12 weeks and ended on January 17.  The consultation looked at the proposed changes as part of the April 2011 Policy Statement.  Comments made by stakeholders, along with the SRA responses have […]Read More

Conveyancing

Churches to pay VAT on maintenance and repairs

Conveyancing Data Services has highlighted the closing of a VAT loophole by George Osborne in last month’s Budget.   Currently Listed Buildings, including those that are listed as places of worship do not have to pay VAT on any restoration.   With this loophole closing, parish councils and places of worship will see a 20% […]Read More

Conveyancing

SDLT avoidance schemes still being advertised

The Solicitors Regulation Authority (SRA)  issued a warning to the profession, back in February, to “think twice before becoming involved in Stamp Duty Land Tax schemes (SDLT Schemes)” but some firms are still advertising that they are able to “ Eliminate SDLT liability”.   According to the SRA, involvement in SDLT schemes could leave a […]Read More

Conveyancing

Halifax joins NewBuy Scheme

Halifax is the latest lender to join the NewBuy scheme which was launched last month.  It will offer two mortgages to those to wish to use NewBuy to purchase a new build house, and who have a deposit of between 5 and 10%. NewBuy is open to those people who wish to buy a new […]Read More

Conveyancing

Lenders and Lawyers working together

Today’s Conveyancer recently spoke to Richard Mathias, founding Director of Law Firm Services, about the upcoming conference.  We asked Richard: How many years has the Law Firm Services conference been going ? This is the 4th LFS Conference and we already have more bookings than any other year.  With more speakers and sponsors than ever […]Read More

Conveyancing

Mortgage Fraud increases for fifth consecutive year

Conveyancers and lenders are interested in the latest figures when it comes to mortgage fraud and Experian have revealed that fraudulent mortgage applications have risen for the fifth consecutive year.  2011 saw an 8 per cent increase in fraudulent applications for mortgage finance with 34 out of every 10,000 applications being attributed to mortgage fraud, […]Read More

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