Month: April 2020

Firms & People

Ask an expert: Peter Ambrose, The Partnership

Although the government remain coy on precisely when the UK economy will be relieved from lockdown measures, many cabinet insiders have intimated that estate agents and the property sector will be amongst the first to re-open their doors. Therefore, for stakeholders in the property market who could lose up to 35 per cent of their […]Read More

Conveyancing

Conveyancing In A Digitalised World

By Simon Farthing, Commercial and Marketing Director, LexisNexis Enterprise Solutions The CLC may have challenged the industry to make conveyancing a fully electronic process by 2030, but COVID-19 has become the catalyst for digitalisation that no one could have ever predicted. Just based on the last few weeks alone, there can be no doubt that […]Read More

Conveyancing

Construction Sector Need Grants Instead Of Loans

The Chancellor, Rishi Sunak, announced small business loans relief last night which could help many businesses in the property sector, including construction. Small businesses impacted by Covid-19 and social distancing measures are now able to borrow between £2,000 and £50,000 with the money available within days. The loans will also be interest free for 12 […]Read More

Conveyancing

Making Vital Changes Prior To Market Re-Launch

The world of UK property has changed profoundly since the early year optimism and increased transaction volumes. Following this brief market buoyancy, the spread of Covid-19 and the consequent social distancing regulations have brought the sector to a relative stand still. Zoopla has calculated that more than 373,000 sales are suspended in the pipeline, waiting […]Read More

Conveyancing

Going, Going, Gone – Online!

With all of the new difficulties hindering property sales at the moment, it is encouraging to see that a recent online property auction achieved an 86% sold rate. Auction sales may represent a good way for property owners to sell properties during lockdown. Similarly, with interest rates at a record low, investors can access properties […]Read More

Conveyancing

Ask The Expert: Securing Coronavirus Loan Success

The conveyancing sector has been severely impacted by the government imposed lockdown and property market freeze at the end of March. Anecdotally, many firms have taken advantage of the government’s Job Retention Scheme by furloughing their staff with some businesses placing up to three quarters of their fee earners on furlough. Whilst this will help […]Read More

Conveyancing

Searches UK Update

Firstly, and most importantly, we hope you are staying well and safe in these troubling times. We are all aware that the property market is still facing some serious challenges but it is encouraging to see that our law firms are still having new property instructions pass through their doors. Searches UK are processing conveyancing […]Read More

Conveyancing

Huge Rise In Leaseholders Researching Enfranchisement Rights

Lockdown has prompted more people to review their leasehold contracts with leaseholders increasingly researching their enfranchisement options. The Association of Leasehold Enfranchisement Practitioners (ALEP), has reported a significant rise in homeowners reviewing their leasehold extension opportunities and rights. ALEP has claimed its website has experienced a ‘major spike’ in activity since the virus took hold […]Read More

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