In recent months, the UK Government’s commitment to housing reform has become increasingly certain – and one of the ways it is trying to underpin that is by making more property data available. A recent call by the Ministry for Homes, Communities and Local Government (MHCLG) for evidence in how to improve the house buying […]Read More
This weekend Teal Legal is introducing a ‘Home Owner’s Passport’ in a move which it says will speed up conveyancing. The online passport has been developed in collaboration with Keele University. The company says it “It works by interrogating conveyancing due diligence data and applying algorithms to work out how complex the conveyancing transaction is […]Read More
It has been well reported that the housing market has hit a significant slump and even failed to enjoy the usual pre-Christmas sales boom. The latest NAEA results for October have clarified the housing market’s weak position by highlighting that sales figures are at a six-year low. The average number of registered house hunters at […]Read More
Lawyer Checker are excited to be attending the 2018 annual conference and dinner hosted by the Conveyancing Association (CA) next month. Located at Manchester City Football Club, the conference itself which is sponsored by InfoTrack, is all about embracing change and the future of digital conveyancing. You will hear presentations from an array of industry […]Read More
Both the SRA and CLC confirmed at the Legal Eye annual conference held earlier this month that firms have a high degree of flexibility in deciding how to implement the changes regarding price and service transparency that firms are required to make by 6th December. Delegates at the conference broadly accepted the need for consumers […]Read More
The Bank of England released their apocalyptic review of a no deal Brexit, claiming that residential property prices will fall by 30%. Because Carney was quick to point out this was not a formal review, many Brexiteers and even more liberal figures have dubbed the Bank of England’s announcement just before the Parliamentary vote on […]Read More
Last year, HM Land Registry launched its ‘Digital Street’ strategy. A move by the organisation “to break away from the constraints and current ways of thinking about the home buying process as it stands today” The strategy is now in its second year, and HM Land Registry has made further announcements about developments on their side, […]Read More
Whilst the seasonally adjusted figures from UK Finance indicate that mortgages approved for the purchase of a house rose to 39,697 In October, many self-employed people looking for a mortgage feel as though they are unfairly discriminated against. According to new research, from The Mortgage Lender, 71% of people, that are self-employed, feel as though […]Read More
Equity release loans have been an increasingly popular funding method for those in later life. Lucky home owners that have lived in their property for a significant amount of time have enjoyed huge increases in its value. Those that are property rich but cash poor have taken advantage of the fact that loans do not […]Read More
The legal tech association for the UK (UKLTA) launched last week at the first Legal Technology North Conference, with over fifteen members joining the ranks within 24 hours . Membership consists of a diverse range of companies with an interest in the legal sector, including law firms, barristers chambers, technology companies and specialist conveyancing regulator […]Read More
The LegalTech North Conference aims to bridge the gap between law and technology, bringing lawyers together with innovative tech solutions. The one day event in November will explore how technology can be used to resolve key challenges facing law firms today. The conference will also see the launch of a new legaltech incubator. Leading voices […]Read More
The latest advances in conveyancing technology will give early adopters the edge. Talk to anyone who has moved house recently and the chances are they will have something to say about the length of time it took. Speed and communication are what clients want above all in their property transaction, but far too often they […]Read More
As technology advances, the media is full of stories about how robotics and artificial intelligence will soon replace humans in many professions. Testing this theory, a recent study by LawGeex set a machine-learning AI against 20 human lawyers to see how the technology would perform on the subject of contract law. The US-based corporate lawyers […]Read More
From 6 December 2018, new transparency rules set out by the Solicitors Regulation Authority (SRA) mean that firms must display more detailed price and service information if they work in specific areas. To help legal service professions remain compliant, the SRA has now published additional guidance and a handy infographic on these rules. The instructions […]Read More
The seasonally adjusted figures from UK Finance indicate that mortgages approved for the purchase of a house rose to 39,697. This has increased from the five-month low of 38,172 in September’s figures. Whilst the figures suggest market growth, the statistics reveal that this is still a 1% decrease on October 2017. Although net mortgage lending […]Read More
A special webinar for conveyancers from Britain’s leading specialist in quotes conversion. Professor Ian Cooper & Howard Cooper WATCH THE WEBINAR NOW Immediate Access – £97.00 exc. VAT WHAT IS THE PROBLEM? Once you have to indicate your fees for residential conveyancing on your website, what can you do to get potential clients to choose you … […]Read More
The SRA and CLC have staunchly campaigned that price transparency will enlighten an opaque industry where many clients feel as though they are confronted with hidden fees they were not expecting. A recent nationally representative report, by QuickQuote, has found that British home buyers spend an average of £8,113 in unexpected fees, in addition to […]Read More
It has been well reported that the legal sector is facing a recruitment crisis. When 84% of the UK’s top 100 law firms are worried about a shortage of talent, the importance of retaining the skilled and expert staff within a firm becomes a priority. In addition to this, recently updated evidence by Oxford Economics […]Read More
As 2018 comes to an end, there have been a number of cases that suggest the legal service sector is responsible for creating a stressful working environment. Whilst 89% of UK law firms have enjoyed substantial growth in 2018, 84% of the top 100 law firms remain worried by a shortage of talent in the […]Read More
From 6 December 2018, property lawyers will have to publish certain price, service and quality information on their websites (or in alternative formats if requested), as part of a cross-industry push to empower consumers and foster innovation and competition across the legal services market. The Council for Licensed Conveyancers (CLC) has worked with the SRA […]Read More
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