2014 sees lending figures reach 2007 levels, according to CML report
Statistics for the third quarter of 2014 from the Council of Mortgage Lenders (CML) demonstrate significant quarterly growth in both house purchases and remortgage activity within Greater London. According to the data, the amount of loans and borrowing figures in quarter three reached the highest point since 2007. The total of first time buyer loans […]
Number of remortgage loans fall 21% year-on-year to 23,505 – The lowest amount ever recorded in the month of October
Value of remortgage loans also drops by a fifth to £3.5bn, the lowest amount since June 2013 and the worst October since 2010 Average remortgage loan amount dropped to £149,715, the lowest amount in a year Affordability stretched as wages fall in lead up to Christmas Latest figures from LMS reveal the number of remortgage […]
Broker Conveyancing see 13% increase in transactions in just one month
This month’s figures from Broker Conveyancing show continued growth within the business, despite the apparent slowdown in the property market. Reflecting what has also been reported by LSL of recent, this demonstrates a positive outlook for conveyancing firms and professionals. Broker-focussed conveyancing distributor, Broker Conveyancing, have released transaction and remortgage instruction figures that show the […]
SearchFlow announces partnership with Fitzalan Partners
Fitzalan Partners is pleased to announce that SearchFlow has been selected as a leading search provider for the firm, which owns In-Deed, Fridaysmove, Homeward Legal and Surveyor Local. Fitzalan Partners was established in 2011. Since then its network has completed the conveyancing for nearly 55,000 home buyers and sellers. Chris Salmon, Commercial Director for Fitzalan Partners […]
Top 5 ways to keep your conveyancing clients happy
The property industry, particularly conveyancing, invites a multitude of complications and a vast array of rules, regulations and requirements that can become frustrating to consumers. At Today’s Conveyancer, we’re delving into the trials and tribulations of the conveyancing sector and have formulated the best ways to handle angry clients. Just last month, news broke out […]
Property completions on the up, says Lanyon Bowdler (Topic of the Month – West Midlands)
Conveyancers at a solicitors firm based in Shropshire and Herefordshire have had their busiest year for some time, with completions steadily on the rise. Lanyon Bowdler Solicitors say the property market in their area is picking up nicely, with investment properties proving to be especially popular. Nichola Wilson, of Lanyon Bowdler’s Telford office, said the […]
SRA reviews Separate Business Rule
The Solicitors Regulation Authority (SRA) have announced they are reviewing the Separate Business Rule (SBR) to make it easier for solicitors to own businesses providing other professional services to clients. A consultation has been launched this week outlining the proposals for amending the rule to level the playing field between traditional solicitors, alternative business structures […]
Quality Solicitors Talbots experience significant growth in conveyancing (Topic of the Month – West Midlands)
West Midlands law firm, QualitySolicitors Talbots (QST) has an annual turnover of £7.5 million and around one third of this is attributed to residential property. With 95% of their instruction coming from across the region, this makes the firm one of the most well-placed property specialists to analyse the current state of the property market […]
Searches UK enhance their valuable Buyer Protect Reimbursement Scheme protecting home buyer’s investments up to £2,050
As a pioneer of the Buyer Protect Reimbursement Scheme, Searches UK have developed their product further to suit the needs of their clients and cover additional costs that home buyers are faced with. Searches UK were ahead of the market when introducing this product to the industry as they recognised trends in the market and […]
Conveyancer Slater – Tweet of the Week
Why are conveyancing solicitors so rubbish? – C J San Andreas (@sportsnutta) November 19, 2014
Exclusive interview with CEO of Veyo
Veyo, the new home conveyancing portal developed as a Law Society joint venture with Mastek UK, is due to launch in spring 2015. Heather Cameron of Today’s Conveyancer has conducted an exclusive interview with Chief Executive, Elliott Vigar to answer the questions that conveyancing industry professionals would want to know. My aim was to find […]
Case study – Lees Solicitors
Joanna Kingston-Davies is Chief Executive of Merseyside’s Lees Solicitors with a two-fold role; sitting on the firm’s Management Board and heading up the Operations Team. Lees works across wide-ranging practice areas in both personal and business law, with 110 staff based in offices in Birkenhead, Heswall and West Kirby. Joanna explains what prompted her decision […]
SRA launches new Corporate Strategy, Equality Diversity and Inclusion Strategy and Business Plan
Launched today, the new Corporate Strategy sets out the direction the Solicitors Regulation Authority (SRA) will take over the next three years. The strategy is supported by the authority’s Equality, Diversity and Inclusion Strategy, and the Business Plan for 2015. Two further business plans will be published for the remaining years of the strategy. The […]
Transaction completions boost property market outside the capital
Completed sales transactions in the home buying market have seen an incredible 9% surge following the recent slowdown – but not in the regions you’d expect. According to last month’s House Price Index for England and Wales from LSL, the residential property industry has witnessed the highest level of completed sales in seven years, at […]
“When you Reach the End of your Rope, Tie a Knot and Hang On” – Opportunity Knocks, Part Three.
“Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan Press On! has solved and always […]
Boost in new housing supply, but has there been a fair distribution?
The Department for Communities and Local Government have released figures showing the housing supply within England has seen the highest surge level within the past 12 years. In the past year alone, the number of new homes produced in England has increased by an incredible 10%. Housing is at the forefront of long term plans […]
Check it out message from Veyo team
"I would ask you to check it out and I believe that Veyo will be more efficient than you are presently using. Don’t take my word for it, come and check it out." Des Hudson, Chairman of Veyo. As most of our readers will be aware, the Law Society has formed a joint venture vehicle […]
Autumn Update – Almost half of all reports to SRA On Bogus activity concern Identity Theft
On publishing their Autumn Update to the Risk Outlook the industry regulator states that they ‘remain concerned’ about the number of bogus law firms and risks that this poses. Identity theft has been at the industry fore from the get go this month with the SRA placing the threat and risk of Bogus Firms and […]
New burdens for conveyancers were announced at the SLC/BLG Conference on the 12th November
A record number of delegates at the joint Society of Licensed Conveyancers (SLC) and Bold Legal Group (BLG) Conference in Derby heard about yet more complications for conveyancers to be introduced in coming months. As the theme of the Conference was about conveyancers starting to shape their own destiny, the challenge of yet further requirements […]
South West law firms mitigate fraud risk with Lawyer Checker
Major South West based Law Firms join forces with Lawyer Checker in war against Bogus Firms. Two of the largest legal providers in the South West, Awdry Bailey and Douglas and Star Legal Solicitors, both synonymous with excellence, have announced that they are committed to having Lawyer Checker as an integral part of their Residential […]
