Home lending rebounds in February for smaller-deposit borrowers
Higher LTV lending represents 16.9% of February house purchase approvals – largest proportion since September 2014 February sees 10,300 higher LTV loans – a 10.7% month-on-month increase compared to January Total house purchase approvals increase for third consecutive month as market regains momentum Lending to borrowers with smaller deposits grows in every region except the […]
Gas Access Campaign reaches 2m mark
A campaign to improve gas safety for millions of people has reached a significant milestone. Landlords representing more than 2 million homes have now signed up to the Gas Access Campaign. More than 270 supporters are now backing the campaign which aims to improve the gas safety of people living in or near to social […]
Board approves Competence Statement
The Board of the Solicitors Regulation Authority (SRA) has approved its Competence Statement for solicitors, which defines the standards expected of solicitors at the point of qualification and the steps they need to take to maintain these standards. The SRA held a 12-week consultation between October 2014 and January this year, and 72 respondents submitted […]
A world without client accounts
Sir Michael Pitt the Chairman of the Legal Services Board (LSB) – the ultimate regulator for all lawyers – has today reiterated that the LSB are seeking to prioritise the removal of lawyers holding client funds. If this was to go ahead, what will this mean for conveyancers? Conveyancing is predominantly centred on the client […]
Search Acumen launches ‘Title Intelligence’ for conveyancers using real time access to Land Registry data
First search provider to capitalise on Land Registry’s open data commitment on property boundary data INSPIRE data confirms freehold property boundaries with no need for time-consuming manual mapping of search orders Search Acumen has become the first search provider to capitalise on Land Registry’s open data commitment by launching its new ‘Title Intelligence’ digital reference […]