Month: January 2021

Conveyancing

Digital ID spurred on by Covid pandemic

The Coronavirus pandemic had had a big impact on the issue of confirming client identities, especially in the homebuying and selling market. The virus has in effect sped up the sector’s need to adopt technology, because conveyancers and other stakeholders in the property chain are unable to meet people as often as they usually would […]Read More

Property Market

Fall through fear

Fall-throughs and aborted sales are costing UK homebuyers £607 million every year, a number which many predict will rise even further as the stamp duty holiday (SDLT) deadline inevitably arrives. Fears for an increase in fall throughs are growing and can cause additional stress not only for vendors and buyers, but also for conveyancers who […]Read More

Firms & People

Movers and Shakers – 29 Jan 2021

A new year, often means a new start, and 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: Jesper […]Read More

Property Market

Help to Buy application now open

The new Help to Buy Scheme which will help first-time buyers take that first step onto the property ladder, has now opened for applications. Whilst the new scheme keeps most of the features of the previous (2013-21), a new regional price limit means the cost of the new build property must not exceed 1.5 times the average […]Read More

Conveyancing Feature Insight Property Market

New Property Trends Report from Landmark

Cross-market trend analysis for England and Wales’ residential property market – a complete analysis of the property transaction pipeline from property listings, sold subject to contract, legal conveyancing and completions Landmark Information Group, the leading provider of information to the UK property market, has today announced the launch of a new Property Trends Report, which […]Read More

Conveyancing

Conveyancing Association announce Terrafirma as latest Affiliate member

Terrafirma, a provider of ground risk assessment, has today (28th January 2021) become the latest firm to join the Conveyancing Association, the leading trade body for the conveyancing industry, as Affiliate members. Established in 2015, Terrafirma provides accurate and innovative mining and ground risk assessment and is a provider of property searches in the UK, […]Read More

Conveyancing

Half of conveyancers want SDLT scrapped

Over half of conveyancers want SDLT on property purchasers under £500,000 to be scrapped if the government continues with its plan to end the SDLT holiday on 31st March, according to a snap poll run by Index West Midlands. More than half (51.2%) think scrapping stamp duty will be the best course of action, but […]Read More

Conveyancing

Lockdown set to continue till March

Prime Minister Boris Johnson, has stated that the national lockdown will remain in effect until early March at the earliest, as the UK comes to terms with the news that we have surpassed 100,000 deaths. During Prime Minister’s Querstions, he told the House of Commons that schools would be the first part of society to […]Read More

Conveyancing Property Market

Under-pressure conveyancing process could be improved by mirroring lettings

The antiquated conveyancing system could be more effective if it mirrored some of the best practice from the lettings process, according to Gazeal. The digital platform says that the additional pressure on the conveyancing process caused by the stamp duty holiday has highlighted its shortcomings and that evolution is urgently needed. Mirroring lettings would represent […]Read More

Conveyancing

More lenders embrace search Insurance

The fast approaching end of the SDLT holiday in March means that residential property lawyers are under even more pressure to complete purchases quickly. They will be pleased to hear that major lenders Skipton Building Society and NatWest will now accept Search Insurance in place of Local Authority Searches. NatWest will temporarily accept Search Insurance […]Read More

Firms & People Insight

Women in Residential Property Christmas event raises over £1,000 for

The Women in Residential Property network (WIRP) which aims to encourage collaboration and understanding between women working across the residential property industry raised over £1,000 for the charity, Ella’s at their last event of 2020.   Commenting, Emma Vigus, Chair of WIRP: “We’ve been supporting Ella’s for the last 18 months.  It’s a small charity […]Read More

Conveyancing Firms & People Professional Indemnity

CLS Property Insight introduces Savendale, Powered by CLS PI

CLS Property Insight (CLS PI) announces a new partnership with Savendale Insurance Services – an established company with unrivalled industry experience and expertise that will bring a focused series of offerings to private client solicitors in Scotland. CLS PI has become a market-leading provider of Executry and Guardianship Bonds by listening to the industry and […]Read More

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