Month: January 2019

Conveyancing

Choosing A Suitable Cyber Certification Pathway

I’m sure you will all be familiar with Lexcel. The popular Law Society accreditation that is widely adopted by law firms. Lexcel is an accreditation that is widely respected as it helps create strong frameworks within practicing law firms. The new version of the Lexcel standard (‘v6.1’) became mandatory for all assessments taking place from […]Read More

Fraud

£34.6 Million Lost To Cyber Criminals In Second Half Of

The latest figures from Action Fraud have claimed that financial losses caused by cyber crime increased by 25% between the months of April and September. Worryingly, this means that cyber criminals were able to successfully steal £34.6 million during this time. According to the report, 13,357 people in the UK reported cyber crimes during this […]Read More

Conveyancing

Rental Prices Increase Slightly In December

As political uncertainty and Brexit headaches force the property market to stumble forwards, the lettings market and rents have continued to rise. In 2018, average rents across the UK increased by 1.5%, according to the Homelet Rental Index, for December. The average rent is now £921 per calendar month. However, when London is excluded from […]Read More

Conveyancing

Half Of Junior Lawyers Unaware Of Legal Technology

A recent survey by the Law Society’s Junior Lawyers Division (JLD) has found that almost half of junior lawyers are oblivious of the benefits of lawtech or completely unaware of its existence. Additionally, 66% of the 224 respondents did not feel that the advancement and increased use of technology will impact on their job responsibilities. […]Read More

Conveyancing

NAEA Data Suggests FTB Sales Declined In 2018

The number of properties sold to First-time buyers using estate agents has decreased significantly from the same figures obtained in December 2017. According to December’s NAEA Propertymark report, 24% of estate agent sales were made to FTBs. Although this was up by 1% on November’s figures, it marks a decrease of 8% from December 2017. […]Read More

Firms & People Property Market

Growing Concern Over Solicitors Mental Health And Wellbeing

Legal mental health charity, LawCare has reported receiving their highest ever number of helpline calls from solicitors in 2018. An even more worrying statistic from the charity has revealed calls from solicitors complaining about bullying and harassment has nearly doubled in 2018. LawCare, a charity that promotes and supports good mental health and wellbeing across […]Read More

Conveyancing Property Market

Aviva Bid To Increase Legal Indemnity Usage Through InfoTrack

Aviva and InfoTrack have announced a partnership that will see Legal Indemnities Online made available through InfoTrack’s innovative conveyancing services platform. It is the first time Aviva’s Legal Indemnity products have been made available for conveyancers to access through a third-party channel and will include residential, commercial and bespoke policies, making InfoTrack the first conveyancing […]Read More

Insight

Equity Release Grows For Seventh Consecutive Year

As people look for ways to finance their later life, equity release ended 2018 with record levels of investment. Total lending in equity release has grown for the seventh consecutive year. The 3.94 billion extracted through equity release plans is a 29% increase on the figures for 2017. Additionally, £1.08 billion of the total figure […]Read More

Conveyancing

Annual Mortgage Lending Figures Increase By 3.8%

UK Finance data has revealed that gross residential mortgage lending increased by 4.7% in December when compared with the figures from a year earlier. The overall lending In December grew from £20.1 billion to £21.1 billion. Whilst the annual mortgage lending figure of £267.5 billion was up 3.8% on 2017’s figures, the £23.8 billion of […]Read More

Conveyancing

Radon: Removing a Killer from the House

Radon is a naturally occurring radioactive gas that can affect properties across the UK, not just in the South West like many imagine. We take a look at what it is, the risks and impacts on buildings and how even if it is discovered, that the property transaction can be stay on track. What is […]Read More

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