Land Registry in ‘dream world’ says CoPSO Chairman
Searches don’t figure in Conveyancing delays according to MoveWithUs The Council of Property Search Organisations (CoPSO) has noted with great interest the findings of research by MoveWithUs that searches do not figure amongst the top 10 causes of delays in the conveyancing process. The Land Registry has repeatedly claimed that one of the core reasons […]
myhomemove awarded ‘Best use of Technology (Non Lenders)’ by the Mortgage Finance Gazette
myhomemove, the UK’s leading provider of mover conveyancing services, received the award for ‘Best use of Technology (Non Lenders)’ at the Mortgage Finance Gazette Awards 2014. The event, which was held on Wednesday 12th November in London, brought together both the winning and highly commended companies to celebrate excellence within the financial services sector. On […]
Valuable .law domain requirements announced
Minds + Machines – registry for the new .law and .abogado domains have announced eligibility requirements for second level domains in .law and .abogado. These top level domains are due to be launched in 2015, and are set to be in high demand amongst legal professionals. The .abogado (meaning “lawyer” in Spanish) and .law domains […]
Mortgage fee minefield creating a trap for home buyers
The latest report released by Which? has shown stiff competition within the mortgage lending market is forcing borrowers to pay increasingly costly and confusing fees. Consumers are now said to be facing over 40 different charges – some of which could be avoided. This raises the question, could the same be said about conveyancing? Are […]
New interactive conveyancing map reveals all about the West Midlands market (Topic of the Month – West Midlands)
Richard Hinton of Pitsford Consulting Limited has just launched the Conveyancing Map — a new business intelligence tool displaying on an interactive map all residential property transactions in England and Wales with the name of the firm acting in each purchase. Today’s Conveyancer asks why the map is a useful commodity for law firms…. What […]
Conveyancer Slater – Tweet of the Week
I’m on my last nerve, so sick to death of conveyancing, if I only had the luxury of dragging my feet in my job and then charging a fortune! – Adele Russell (@adele505_adele) November 14, 2014
8 ways ETSOS can help with compliance
Compliance remains a perennial challenge for conveyancers, with no let up on the pressure to conform to standards and respond to threats. With our unique aggregator approach, ETSOS has always been about making our users’ lives easier — so here are eight ways we’re helping conveyancing teams rise to the compliance challenge. #1 Promoting independent […]
Property Search Group Raise almost £9,000 for Poppy Appeal
Property Search Group (PSG) decided that they wanted to mark the Centenary this year by doing something special to raise funds for the Poppy Appeal. They of course decided to walk 100 miles to commemorate 100 years since the First World War. The companies’ head office is in Barnsley and they have developed into a […]
House purchase lending stabilises in October
Lending beginning to recover, as monthly house purchase approvals rise 1.1% in October However, house purchase approvals fall 9.2% on a twelve-month basis, from 68,252 in October 2013 Fewer loans to borrowers with limited deposits: proportion of higher LTV loans makes up just 14.9% of all lending, down from last month’s 17.7% House purchase approvals […]
myhomemove Underpins its Rapidly Growing Conveyancing Business with Lexis® Visualfiles™ 2014
myhomemove, the UK’s largest provider of mover conveyancing services, has selected Lexis£® Visualfilesâ„¢ 2014 as the firm’s next generation workflow and case management system from LexisNexis£® Enterprise Solutions, a leading provider of technology solutions for the legal sector. Visualfiles 2014 will provide a modern, intuitive and uniform business environment across the firm’s five offices in […]
New Payment Systems Regulator sets out how it will regulate the £75 trillion industry that underpins UK’s everyday financial activity
The new Payment Systems Regulator (PSR) today set out how it proposes to regulate the £75 trillion payments industry when it becomes fully operational on 1 April 2015. The proposals will further the PSR’s three objectives: to promote competition, to promote innovation, and to ensure that payment systems are developed and operated in the interests […]
Fracking laws on route to big changes – are you for or against?
It has been announced the government will be pressing on with plans to alter fracking regulations for firms, as part of the Infrastructure Bill. This proposal has been discussed within the House of Lords earlier this week, with the third reading scheduled for 19th November. It will then proceed to the House of Commons. The […]
One quick way to stay on your prospective customer’s shortlist
83% of conveyancers either don’t have a quote tool on their firm’s website or don’t know if they do, according to a poll conducted by leading property data and service provider, TM Group. In a previous report, when asked which area they were looking to win new instructions, around a third of conveyancers answered that […]
AIB Group (UK) v Mark Redler & Co Solicitors [2014] UKSC 58
The Supreme Court has dismissed an appeal made by AIB Group (UK) for further equitable compensation following breach of trust in remortgage transaction. Mr and Mrs Sondhi, (the Borrowers) were looking to expand their business and took out a £3.3million business loan with AIB. The loan was to be secured by on their private property, […]
SME law firms continue to prosper – with caution
SME legal sector sees average turnover growth rise for the third successive year — up 4% Property sector work bounces back, accounting for more than a quarter of all work 27% of firms feel positive impact as the Legal Services Act becomes entrenched SME legal firms continue to prosper in the UK’s economic recovery, but […]
Buy to Let market boom to hit £1 trillion in 2015
Conveyancers will continue to see an increase in the volume of Buy-to-Let clients, as the private rental sector (PRS) within Great Britain is reportedly estimated to reach £1 trillion next year. The Buy to let Britain report released by building society, Kent Reliance, says the value of the PRS has now reached £930.7 billion — […]
Latest anti-money laundering guidance from the SRA
The Solicitors Regulation Authority (SRA) have released new guidance surrounding the continuing concern of money laundering within the legal industry. This is designed to be a reminder for all conveyancers to take note and keep applying the appropriate precautions. According to the SRA, it is estimated between £23 billion and £57 billion is laundered within […]
One year on – the strategic errors still affecting conversions
New findings from Professor Ian Cooper, one year on from his Survey Report for Lawyers, show that law firms are still missing out when it comes to successfully handling telephone enquiries and converting business. In 2013 Professor Cooper conducted 254 ‘mystery’ telephone calls and interviewed senior managers in 92 legal firms which revealed some startling […]
Northcott Beaton is Assured Sales with OneSearch Direct’s Complete Conveyancing & Protection Launch
OneSearch Direct, the largest local authority data search company in the UK, has announced insurance broker, Northcott Beaton, is now supplying Assured: OneSearch Direct’s complete conveyancing and protection solution. The comprehensive search package includes the three key regulated searches for, Local Authority, drainage & water and environmental and uniquely is backed up by a free […]
Financial Eye – Regulatory update
We have seen increasing levels of activity from the SRA as part of their stated plans to further engage with firms. They appear to be paying particular interest in two areas, that is, financial stability and adherence to the SRA Accounts Rules 2011. With regard to financial stability, some firms are being asked to provide […]
