Council searches "most likely cause of transaction delays"
Council searches are the biggest cause of transaction delays for search users, according to research by SearchFlow. SearchFlow’s conveyancing sentiment survey on council versus regulated searches states 33% of conveyancers that only buy council searches blame a delay in transaction on local searches, with delays due to lenders second at 28%. Correspondingly, respondents only using […]
Rents rise accelerates to fastest rate since 2011
Rents across England and Wales are rising faster than at any point in the last five years, according to the latest Buy-to-Let index from Reeds Rains and Your Move. The average rent for England and Wales is now £794 per month, 3.4% higher than at the beginning of 2015. According to the index yields on […]
Land Registry completes 199,972 searches in December
Land Registry completed 199,972 searches in December, down from 206,321 in November according to statistics released today. In total 359,964 were applications in respect of registered land (dealings), a drop of less than 4,000 from November. There were 521,022 applications for copies of official registers or title plans, significantly fewer than the 677,160 in the previous […]
Worst of the worst (Conveyancer Slater – Tweet of the Week)
#Conveyancing process now ranks for me as more stressful than wedding, baby, new job… ANYTHING! — Chris Blackwood (@Blackwood_C) January 19, 2016
InfoTrack announces new brand advertising campaign empathising with conveyancing challenges
InfoTrack today announced a major brand advertising campaign to showcase its forward-thinking platform to conveyancers who, InfoTrack say, are often under unfair and needless pressures created by the arduous, often unnecessary processes within conveyancing transactions. The new campaign, beginning on the 1st February, encourages firms to use the service provider, whose aim is to challenge […]
VAT to be charged on Council (Official) Local Authority Searches
As an established search provider Searches UK have always charged VAT on their Regulated (Personal) Local Authority Searches despite this often creating a commercial advantage for regional councils offering Council (Official) Local Authority Searches without VAT. After a recent announcement from the CIPFA VAT committee who advised that Local Authorities should begin charging VAT on […]