Online estate agents PurpleBricks shares dip after IPO
Online estate agents Purplebricks have launched on London’s alternative investment market (AIM) with shares initially valued at £240.3 million up for sale. Shares had fallen slightly from 100p to 94p after their first two hours of trading. Purplebricks is the first of a series of online estate agents to debut on the stock market. Launched in […]
Rob Hailstone and Bold Legal calls on Law Society to prove Veyo was ever wanted
Rob Hailstone of the Bold Legal group has published an open letter calling for the Law Society to explain itself in detail over the Veyo fiasco. As part of the 15 points put to Law Society president Jonahan Smithers and Chief Exec Catherine Dixon, Rob Hailstone calls ont he Law Society to provide “evidence that […]
Gross monthly lending 23% up year on year for November
Gross monthly mortgage lending for November was up 23% to £19.9 billion compared with November 2015 according to the Council of Mortgage Lenders (CML). The CML also report that gross mortgage lending has dipped 9% from October 2015 as the market slows down for winter. CML economist, Mohammad Jamei, said: “Lending is set to finish […]
House prices to soar 50% and rent by over a quarter by 2025, predicts ARLA and NAEA
Renting population to increase by 9%, while home ownership will fall by 7% by 2025 Drastic and immediate policy overhaul is necessary to fix Britain’s broken housing market ARLA and NAEA launch Housing 2025 report, compiled with CEBR Rents are set to sky-rocket, and buying a house is getting further out of reach for many, […]
Remortgagors release extra cash ahead of Christmas
A third of remortgagors increase the size of their home loan to release cash, of which two in three increased their loan size by more than £10,000 More than three-fifths refinance to also take advantage of competitive rates available Nearly a third (31%) borrowers who remortgaged in November, did so to increase the size of […]
Efficient processing in the digital age (less paper and more efficient process)
Until now the Government’s digital by default approach has had slow adoption. In his Autumn Statement, the Chancellor confirmed his commitment to making savings of 18% to the HMRC budget by scrapping paper processing and committing to central Government’s Digital Drive. It is not surprising that the Chancellor chose to mention HMRC. HMRC has dabbled […]
InfoTrack and Lawyer Checker to deliver educational webinars focused on the growing threat of fraud
InfoTrack and Lawyer Checker have announced a new webinar designed to help conveyancers understand what can be done to protect themselves from fraudulent activity. Identity theft and fraud continue to increase significantly for both the conveyancer and law firms. Subsequently, it is imperative for law firms to protect their business using the necessary tools available. […]
Pali launches new revolutionary system for conveyancers
Pali is pleased to announce they can now offer their solicitor clients a streamlined system that will allow anyone within their firm to quote prospective clients for conveyancing either face to face, over the telephone or via email, in seconds. By simply entering basic information, this new facility will calculate the quote in real time […]
