Mortgage Holidays Extended By Three Months

Homeowners struggling financially at the current time are able to extend their mortgage holiday by an additional three months from today. It is estimated that 1.8 million homeowners are already utilising the mortgage holiday to ensure they do not fall into arrears or default on their mortgage during the Covid-19 crisis. New homeowners who have […]
Clearer And Better For All: CLC Seeks Approval For Revised Accounts Code

A revised accounts code that expressly allows firms regulated by the Council for Licensed Conveyancers (CLC) to use third-party managed accounts (TPMAs), and deal more easily with aged balances up to £50, have been submitted this week to the Legal Services Board. The new rules contain simpler, more targeted requirements to make the code easier […]
FREE Webinar Hosted By Index! “Evidencing Lender Handbook Compliance”

Index is delighted to be hosting a FREE webinar in conjunction with Lexsure “Evidencing Lender Handbook Compliance” will take place on Wednesday 27th May at 10:30am The UK Finance Mortgage Handbook is vast. Changes to the lender specific instruction contained within Part 2 of the handbook occur frequently without notice. The challenge of lender compliance […]
Diary Of A Highstreet Conveyancer – Thursday May 21

Thursday As we head into the Bank Holiday, and what ordinarily would be a busy day, and as we come to the end of Mental Health Awareness Week, take time over the weekend to think about life and where we are going. Many of the chains which would have been completing at the Easter weekend […]
SRA Asked To Extend Solicitor Indemnity Fund Beyond September

The Law Society of England and Wales is asking the Solicitors Regulation Authority (SRA) to extend the solicitors indemnity fund (SIF) cover beyond September’s intended cut off point. Although the SRA intended to close the fund this year, the financial plight of many firms because of Covid-19 is making it a lot more difficult to […]
Movers and Shakers – 22 May 2020

Here at Today’s Conveyancer, we wanted to share with you the good news we’ve had within in the industry of professionals joining firms and those who have moved up the promotional ladder. This week we’ve seen the following announcements with regards to appointments and promotions: Nick Carvey – has been appointed Associate Director at Lambert […]
Ask An Expert: 007 – A License To Bill

In a short commentary for Today’s Conveyancer, Simon McCrum, former Managing Partner of national firm Darbys Solicitors, discusses his experience of joining the business in 2007 just weeks before the Credit Crunch. That business in due course became the UK’s fastest-growing law firm. Now a Management Consultant for law firms through McCrum Consulting, Simon shares […]
Ask The Expert: PII Preparedness In The Time Of Covid-19

Despite some firms struggling to renew their PII in March, experts are assuring the sector that there are deals to be done, but firms must prepare. The spread of Covid-19 in the UK coincided with many law firms looking to renew their PII insurance with some claiming premiums have risen exponentially. At a time when […]
UK Residential Transactions Halve In April

Residential property transactions last month had more than halved since the recorded figures from April 2019. According to recent HM Revenue and Customs data, 46,440 residential transactions were completed in April; 53 per cent fewer than the same month in 2019. Similarly, the 5,930 non-residential transactions las month represented a fall of 46.1 per cent […]
ESTAS Awards Set To Take Virtual Stage

The ESTAS are still set to go ahead next month, although the format of the awards has had to be changed due to the corona virus pandemic. The event will take place online on Friday 3 July 2020 at 4pm, and is free for anyone to access. Simon Brown, Founder of The ESTAS Group, said: […]