Buy-to-let scramble boosts monthly mortgage lending 20%
The scramble to snap up buy-to-let properties ahead of April’s stamp duty rise has boosted lending for the sector to its highest level in nine years. The data, published by chartered surveyor e.surv states buy-to-let lending has risen 20.6% in January; from 70,837 purchase approvals to 85,432 last month. House purchase lending has also ramped […]
Safe Move Scheme claims its first fraud prevention scalp
The Safe Move Scheme say they have prevented their first case of fraud after their client received a phishing email. Safe Move Scheme say the client had received an email claiming to be from their conveyancers RG Solicitors advising them of updated bank details. The Safe Move Scheme, a product developed by BE Consultancy aims […]
Increase in housing supply not enough to dampen price rises – RICS
Available housing stock has increased for only the third month of the last eighteen months according to the Royal Institute of Chartered Surveyors Residential Market Survey. However 49% of Surveyors have reported price rises this month with current stock still significantly lower than at any other point in the last 15 years. The survey also […]
Average Property in England and Wales price rises past £290,000
Property prices in England and Wales rose 0.2% in January, according to Your Move Reeds Rains House Price Index. The index, published by the estate agents group puts the average rise at £688 with the North West of England seeing the biggest rise year on year, with an 8.8% rise. However price rises are lower […]
Consultation launched on practising certificate fee rules
The Legal Services Board has launched a consultation on proposed amendments to their Practising Certificate Fee (PCF) rules. The proposed changes are to Rule 10 of the PCF Rules which sets out the criteria against which the LSB will assess any application for approval of a PCF and Rule 11 which describes the evidence that […]
Pali animation video receives rave reviews
Having launched their animation video recently, Pali are delighted to report the feedback received has been nothing but positive. “I had to have a little chuckle to myself when I watched the video as it really does capture the essence of what we do as conveyancers. The work can be very laborious and at times […]
Risk management and IT: a practical guide
In a culture of increasing risk management and regulatory compliance, it is curious that many firms fail to identify their single biggest risk area – their clients. From the moment that they make their first contact, clients should be a key focus of risk management strategies and fee earners a key player in the game. […]