Month: October 2013

Conveyancing

Titlesolv and London & European announce consolidation

Titlesolv and London & European, two leading names in title insurance and the legal indemnity solutions sector, announced today that they are consolidating under the Titlesolv name. As the trading name of the legal indemnities arm of London & European, Titlesolv delivers products and services that help to manage and mitigate risk for increasingly complex […]Read More

Conveyancing

The Perfect Storm

  At 6:30am last Monday morning, at the peak of the St Jude Storm, I was strapped into a seat on a plane taxiing into an 80 mph headwind.  With no fuss whatsoever it accelerated down the runway and took off.  After a couple of mildly anxious minutes we were above the storm and enjoying […]Read More

Conveyancing

Legal Eye team welcomes Helen Glaze

Legal Eye is pleased to announce a further addition to its team.  Helen Glaze, based in the North West, joins the Legal Eye team today. Helen, who is a qualified solicitor, has worked in the legal sector since 1995 and, whilst in practice, dealt predominantly with personal injury cases arising out of road traffic accidents, […]Read More

Conveyancing

Decision Insight Information Group (Europe) is acquired by dmg information

Decision Insight Information Group (Europe) (“DIIG(E)”), the UK and Ireland’s leading property searches group, has announced that its entire share capital has been acquired by Daily Mail Group Information (“dmgi”) from Decision Insight Information Group (“DIIG”), a portfolio company of the US private equity firm TPG Capital.  DIIG(E) primarily delivers residential and commercial property search […]Read More

Conveyancing

Law Society to introduce conveyancing portal

The Law Society is currently developing an online conveyancing portal in order to improve communication between solicitors, conveyancers, clients and stakeholders including the Land Registry and HMRC. The portal is expected to go live in 2014 and is intended to allow all parties in a transaction to view up-to-date information on the process online in […]Read More

Conveyancing

LSB reviews impact of Legal Services Act

The Legal Services Board (LSB) has published its latest report evaluating the impacts of the Legal Services Act 2007 (LSA) on the legal services sector. The focus of the report is on the promoting competition in the provision of services in the legal sector. ABS was a one major focus of the report with figures […]Read More

Conveyancing

Breaking news on chancel repair liability

CLS reported on Friday that Land Registry has made a statement clarifying its position in relation to Chancel Repair Liability both before and after the recent changes made on 13 October 2013. They said that if the OS1 search and UN1 were lodged prior to the 13th October and the protected transfer or lease for […]Read More

Conveyancing

Help to Buy having impact on rents

With purchasing becoming more affordable due to the Help to Buy scheme, rents across the country have started to stabilise. According to the latest Move with Us rental index, average advertised rents even started to decrease in Q3 2013. The average advertised rent in Britain reached £965 per month at the end of Q3, having […]Read More

Conveyancing

Retirement village won back for residents

A ground breaking transaction has seen the residents of a retirement village purchase their village from administrators. The property team at Charles Russell LLP has successfully advised the retired residents of Crystal Fountain Village in the deal which saw the owners of 54 properties purchase their village, neighbouring land and a derelict pub from the […]Read More

Conveyancing

Law Society Excellence Award presented

Frodsham law firm Rowlinsons Solicitors took home a prestigious award at the Law Society Excellence Awards on Tuesday evening. Rowlinsons Solicitors won the Lexcel Award for Excellence in Practice Management. The judges remarked that the firm has used Lexcel to further their strong commitment to client care focusing on providing services that are relevant to […]Read More

Conveyancing

Property guru challenges government

TV property expert George Clarke has challenged the government to look at the fact there are 240,000 long term empty homes in the UK. Speaking at the 18th Property Forum Dinner in Central London he spoke about the slow pace, poor quality and lack of imagination used by house builders on developments around the country. […]Read More

Conveyancing

Remortgaging up 20% from last year

In September remortgaging was up 10.4% from August at £3.9bn, up 20.8% from September 2012. According to the latest figures from LMS, remortgaging now accounts for 24% of the market. Overall gross mortgage lending fell slightly in September to £16.2bn. This is up 10.4% on August’s £3.5bn reported by the Council for Mortgage Lenders (CML) […]Read More

Conveyancing

Conveyancer of the Year Awards

Tickets are now on sale for the Conveyancer of the Year Awards part of the Estate Agency of the Year Awards. These awards ceremony will take place in the Nine Kings Suite at The Lancaster London Hotel on 6th December. The awards follow a range of inspiring and informative talks to the audience, and for […]Read More

Conveyancing

Average rent in London continues to grow

London’s average rents have increased 7% annually to £1,456; leaving them considerably higher than the national average of £781. According to the latest figures from Sequence’s London and National Housing index tenant demand in London has increased to five applicants per property. Stephen Nation, Head of Lettings, Sequence Group, said: “As the sales market ignites […]Read More

Conveyancing

Over 10% of firms opt for unrated insurer

Insurance Age has reported that more than 10% of law firms opt to take out professional indemnity (PI) insurance with an unrated insurer. They cite research from law firm advisors O’Connors who found that 13% of nearly 500 firms surveyed opted for unrated insurers despite high-profile controversies involving insurers like Lemma, Balva and Beliner over […]Read More

Conveyancing

Gross mortgage lending holds steady

According to the latest figures from the Council of Mortgage Lenders gross mortgage lending held steady in September at £16.2 billion. Whilst this was only a minor change from £16.4 billion in August it was up 41% from September last year when the total was £11.5 billion. Mark Abrahams, director of West One Loans, said: […]Read More

Conveyancing

Which? focuses on customer satisfaction

Building societies fared well in the latest Which? report on the best and worst financial brands. The report looked at customer service with three building societies and two mutual making it into the top ten financial brands. These results mirror independent research commissioned by the BSA that showed that mutually owned providers tend to score […]Read More

Conveyancing

London sees 12 buyers for every property

London has seen a 50% annual increase in the number of buyer registrations leaving almost 12 buyers for every new instruction. According to Sequences National Housing Index an imbalance of supply and demand continues to play a big part in the capital. New instructions rose just 17% annually — at less than a third of […]Read More

Conveyancing

Bellway sells 8.2% more homes

Housebuilders Bellway PLC have announced that for the year ended 31 July 2013 they sold 5,652 homes, up 8.2% from 5,226 in 2012. The average selling price for these also increased with a 3.4% increase taking the average price to £193,025. Bellway chairman, John Watson, said: "I am pleased to report, in my first year […]Read More

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