Huge increase in traffic to search portals
Leading portals Zoopla and Rightmove have seen an increase in traffic of 64% over the last twelve months, meaning Zoopla, Rightmove and Primelocation now account for 59% of all online property traffic. The latest data from independent web traffic monitoring firm Hitwise shows that the number of visits to the UK’s leading property portals owned […]
SRA takes steps to simplify training
The SRA has taken the first steps towards replacing the prescriptive requirements of the training contract with a more targeted approach to ensure solicitors have the skills to deliver high quality legal services. Following agreement from the SRA board, in early December an SRA consultation will be published on the review of the SRA Training […]
Reaction to Funding for Lending changes
The Bank of England and HM Treasury has announced changes to the terms of the Funding for Lending Scheme (FLS) extension, designed to re-focus the incentives in the scheme towards supporting business lending in 2014. The first phase of the FLS, which ends on 31 January 2014, is unaffected by this announcement. The Bank of […]
Land Registry open data challenge winners announced
The Land Registry has announced Adzuna and Dan Hilton as the first winners of its open data challenge. Both entries win a £3000 prize. The winners were awarded on the basis of their ability to demonstrate the economic potential of the Land Registry’s data with applications that focus on helping jobseekers and online shoppers. Eddie […]
Conveyancing firm welcomes Help to Buy in Wales
Convey Law, Wales’ largest conveyancing company, has welcomed the Welsh Assembly’s decision to introduce Help to Buy in Wales. The £170 million shared equity loan scheme is designed to support home ownership, stimulate building activity and provide a boost to the housing sector. First time buyers and existing home owners will be able to purchase […]
Land Registry releases historic price paid data
The Land Registry’s historic price paid data from over 18 million sales is now available to download for free as part of its open data programme. The dataset goes back to 1995 and contains more than 400 million data items which developers and businesses can now use for commercial and non-commercial purposes. This data is […]
SLC conference round-up
Paul Lewis, presenter of Radio 4’s Moneybox, was host of the SLCs 3rd Annual Conference held at the Riverside Centre in Derby on 20th November with a record number of 170 delegates. The first speaker was Ed Lester, CEO at the Land Registry who provided a clear view of the direction for the future ambitious […]
DUAL announce new asset underwriting division
DUAL, the underwriting arm of Hyperion Insurance Group, has launched a new asset protection division, DUAL Asset Underwriting (DAU). The division provides niche insurance products to protect home buyers, real estate investors and will executors and will be supported by carriers including AA rated Catlin Group. The initial focus will be to provide insurance solutions […]
October sees decrease in Land Registry transactions
The Land Registry has released the latest figures for those organisations that hold accounts with them, showing their activity for October 2013. Information relating to applications for transfers for value (i.e. an approximation of purchase activity) showed the number of total number of application fell from 75628 to 71086 between September and October. Whilst the […]
TM Group wins Internet Business Award
TM Group, the UK’s leading provider of residential property conveyancing searches has this week been named Best Building and Property Internet Business at the IBA Awards 2013/14. The award is in recognition of their innovative and effective conveyancing search platform. The Internet Business Awards are the only UK awards dedicated to the celebration of websites […]