HMRC & ASA get tough on SDLT marketing

HMRC and the Advertising Standards Authority (ASA) have joined forces to clamp down on misleading marketing as part of stamp duty and tax avoidance schemes. The Treasury released a statement, which said: “The joint enforcement notice aims to disrupt the activity of promoters and protect people from being presented with misleading adverts which may tempt […]
Recent data study reveals realities of property log-jam

A study into residential conveyancing transaction data has found the gap between new property instructions and completions is continuing to grow, creating further concerns for an already pressurised market as the Stamp Duty holiday deadline in March 2021 approaches. Ochresoft, the legal workflow software specialist for property and private client lawyers, has revealed that the […]
Taking the temperature of residential real estate

Savills currently forecast a 4%1 growth in UK house prices in 2020 and the latest data from Nationwide shows that they grew at an annual rate of 6.5%2 in November, the fastest rate since January 2015. As the sector seems to be shrugging off the lockdown conditions, we are often being asked if we believe […]
£27m Disposal of Conveyancing Alliance

ULS Technology plc, the provider of online platforms to support UK consumers moving home, announces that it has sold its wholly owned subsidiaries Conveyancing Alliance (Holdings) Limited and Conveyancing Alliance Limited (“CAL”) for a cash consideration of £27.3m (the “Disposal”) to Project Ophelia Bidco Limited, a company which also controls O’Neill Patient Solicitors LLP which […]