Month: November 2018

Conveyancing

HIPs Could Be Returning To The Home Moving Process

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

Conveyancing

Estate Agent Figures Slump to Five Year Low

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

Conveyancing

UK Legal Tech Association Launches

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

Conveyancing

October Mortgage Approvals Enjoy Marginal Increase

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

Conveyancing

Converting conveyancing quotes – Success after the ‘Transparency rules’

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

Conveyancing

British Home Buyers Spend £8,113 In Unexpected Fees

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

Conveyancing

Replacing One Legal Professional Costs £38,887

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

Legislation & Litigation Property Market

Transparency Countdown: Are You Ready?

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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