Construction Sentiment Improving In 2020
Sentiment within the construction sector is a lot more optimistic following the general election and clearer Brexit outcome. Almost half (43%) of all respondents in the construction sector now feel as though their business will grow in 2020, according to communication firm Huthwaite. A fifth (22%) of respondents viewed the Brexit outcome as having little […]
Index Property Information Announces Upgraded Integration With Tikit (P4W) Case Management Software
Index, a national provider of legal solutions to legal firms, has today announced a new integration into the latest version of Tikit Partner for Windows (P4W). Index Property Information has all your requirements in one place and more. It produces a variety of reports and searches quickly and efficiently. The upgraded integration between Index and […]
Key Mortgage Trends Update
The latest UK Finance Mortgage Trends data released yesterday (Wednesday 15th January) reveals a turbulent and challenging 2019 for conveyancers and property industry as a whole. Key data highlights, found that 30,620 new first time buyer mortgages completed in November 2019, nearly 11% fewer than in the same month in 2018. While, there were 30,750 […]
Shortfall of £3bn In APP Fraud Compensation
Victims of bank transfer (authorised push payment (APP)) fraud are receiving less than 50% of their losses back in compensation according to secure payments provider Shieldpay. This shortfall seemingly coincides with the introduction of a new industry code which is designed to protect consumers. However, with only APP fraud victims getting on average of 48% […]
Jacksons Law Firm Podcasts Casting Light On Legal Issues
In a technology driven world, how does your law firm inform, educate and communicate with clients? Jacksons Law Firm has embraced modern methods of broadcasting and communication to provide business owners and private clients with a legal overview of how the law could affect a business in the various stages of its development. The podcast […]
Simplify Embrace Visualfiles Case Management System
Simplify has selected LexisNexis Visualfiles as its group-wide software platform for case and legal process management. Having already run a successful pilot, Simplify will now complete a phased roll-out of the software platform. Visualfiles is now the case management software of choice for conveyancers with seven of the 10 largest UK conveyancing firms using the […]
Property Ombudsman Set To Retire
Katrine Sporle, the current Property Ombudsman is set to retire in the autumn, so the hunt is on for a new candidate. The new Ombudsman will take up the post in November 2019, and will also hold the position of Chief Executive of The Property Ombudsman (TPO) organisation whose headquarters is based in Salisbury. About […]
Christmas Flooding And Its Effect On Groundwater
The Friday before Christmas is one of the busiest travel days of the year as hundreds of thousands of people frantically try and return home with bags full of presents and minds full of Christmas cheer. However, this festive season, this annual migration was disrupted because of excessive flooding which hit Sussex and the South […]
Employment Error Sees Solicitor Struck Off
Yesterday, Tuesday 13th January 2020, LegalFutures published an article regarding a solicitor who hired a fake solicitor, only then to be defrauded of £1.2m in a conveyancing scam, and subsequently being struck off. The story states that Johnbosco Eberechuckwu Onyeme, was approached by a female, who informed him she’d like to work for his firm, […]
Estate Agent Guilty Of Conveyancing Fraud
Claire Louise Ainsworth has been found guilty of conveyancing fraud, whilst she worked for an online estate agent. Ms Ainsworth, pocketed £5,000 after agreeing a housing deal between a seller and a buyer. She told both parties different prices and pocketed the difference. Ms Ainsworth, pleaded not guilty to one count of fraud by false […]
UK Construction Increases In November
The UK construction sector enjoyed the largest monthly growth in November since January 2019. According to recent Office for National Statistics (ONS) data, the 1.9% increase in construction activity in November was the single largest increase since the 2.4% increase in January 2019. The data will also be a welcome relief, going some way to […]
ONS Construction Output In Great Britain
Andy Sommerville, Director at Search Acumen, comments: “The UK construction industry stands on a threshold – advancing forwards to achieve new heights or slipping backwards to stagnation. Growth has been slow, but the UK construction market still stands tall in Europe. While the volume of construction orders has advanced only incrementally in the past year, […]
Malcolm Wright’s Views On 5AMLD
Malcolm Wright, Chief Compliance Officer at Dignex, offers his thoughts on the Fifth Anti-Money Laundering Directive that came into force on January 10th 2020. “Jan 10th, 2020, is the date when EU Member States have to comply with the 5th Anti-Money Laundering Directive (AMLD) that was passed 18 months ago in 2018. Member states have to […]
Will Digital Onboarding Become The Norm In 2020?
Webinar:Source of Funds – let technology remove the risk Date: 16th January Time: 10.00am __________________ Technology advances regardless of which sector people work in. It’s true that some sectors move a lot quicker than others and embrace technology but will 2020 be the year that the legal sector begins to open its mind to what’s out there. On […]
New Obliged Entities Reporting Requirement Under 5AMLD
The Government has reminded organisations about the requirement for obliged entities to report additional information discrepancies to Companies House. The Fifth Anti-Money Laundering Directive (5AMLD) is now in full swing and all obliged entities must inform Companies House of the beneficial owner if the name differs to the people with significant control (PSC). The new […]
Index Announces The Launch Of The Law Society Conveyancing Forms!
Index is delighted to announce the launch of The Law Society Conveyancing Forms. Here at Index, we continually look at ways to expand our client offering, we have therefore incorporated the Law Society Conveyancing Forms into a downloadable format from the Index Online Ordering System. The Conveyancing Forms are available on a subscription basis, offering the benefit […]
Fall Throughs Plagued A Quarter Of Home Sales Last Year
A quarter of all housing sales last year in the English and Welsh property sector, were plagued by fall throughs prior to completion. According to figures obtained by Quick Move Now, 28.21% of all housing sales fell through in the final quarter of the year raising 2019’s overall fall through rate to 24.42%. Buyers changing […]
Law Commission Publish Enfranchisement Recommendations
The Law Commission has published a report setting out options for reducing the costs leaseholders have to pay during the enfranchisement process of extending their lease or buying the freehold title. The report suggested three potential reform routes to help reduce costs whilst maintaining a fair outcome for both leaseholder and freeholder. The first option […]
SRA Urge Firms To Immediately Comply With 5ALMD
The Solicitors Regulation Authority (SRA) has urged around 7,000 of its regulated firms to re-assess their processes now that the Fifth Anti-Money Laundering Directive (5AMLD) has come into force. Despite the short lead time between the regulations being laid in Parliament on 20th December and coming into force today (10 January 2020), the SRA has […]
Geodesys CPD Event To Expound CQS Changes
UK leading provider of conveyancing searches is heading to Grantham on 29th January for CPD event. Grantham, 9th January, 2019- Geodesys– part of Anglian Water and a leading provider of conveyancing searches for residential and commercial properties throughout England and Wales – is announcing its first Continuing Professional Development (CPD) seminar of the year. The […]
