Helping Clients Make Better Informed Choices
Last week the Council for Licensed Conveyancers published details of the new Informed Choice Rules along with implementation guidance for the firms they regulate. The new rules are the CLC’s way of meeting the CMA’s (Competition and Markets Authority) recommendations for greater transparency around quality, service and price in the legal services market. The recommendations […]
The SLC’s new Chairman elected
The Society of Licensed Conveyancers (The SLC) welcomed Valerie (Val) Holmes as its new Chairman on 3rd October. Val has been an active SLC Board Member since 2013 and has over 30 years’ experience in conveyancing working for large and small companies. Valerie founded Valerie Holmes Property Lawyer in 2007. Val said: “I’m delighted to […]
AI Auctioneer Conducts World’s First House Sale
The property market took another step into modernity this week with the first property sale conducted by Artificial Intelligence. Artificial Intelligence auctioneering company clicktopurchase® simulates the traditional property auction but uses an online medium to facilitate the sale. It is thought the AI auctioneer, named gAbl, will eliminate the problematic element of a human error; […]
Proposals Could Help Generation Rent
Following the Conservative party conference, rumours have been circulating regarding the government’s plans to help ease the housing crisis. As the Autumn Budget approaches, fresh concerns of how the government could tackle the increasing reliance on private rental properties has emerged. The conservatively minded think tank, Onward, suggests that making rental properties exempt from Capital […]
Cheapest Homes Too Expensive For Most Young People
A new report from the Institute of Fiscal Studies (IFS) has found that the majority of the cheapest homes are too expensive for 40% of young adults in the UK. Attributed to a meteoric rise in house prices and wages increasing lower than the rate of inflation over recent years, the gap between salary and […]