Stamp duty now up to 881% higher thanks to holiday 

Stamp duty now up to 881% higher thanks to holiday 

Research by GetAgent.co.uk reveals that since the pandemic-inspired SDLT holiday came to an end, the amount of stamp duty the average homebuyer in England is now required to pay is 84% higher than it was before the tax break was introduced – although some areas have seen this cost increase by as much as 881%. […]

Legal world unites to help tackle cyber threat

A new standardised form questionnaire designed to help law firms better assess the cybersecurity arrangements of the Chambers whose barristers they instruct was launched on Friday at the Law Society’s Risk and Compliance Conference by a joint Law Society of England and Wales and Bar Council working group, representing barristers, leading law firms and IT […]

The conveyancer’s view: “who could afford that?!”

The conveyancer's view

The conveyancer’s view, 25th March 2022 March saw house prices reach another new record as the average price of property coming to market jumped by 1.7% (+£5,760) to £354,564, breaking through the £350,000 barrier for the first time. This average monthly rise is the largest seen at this time of year since March 2004, pushing the […]

“Disruptive” digital mortgage lenders on the rise

Digital mortgage

A number of digital mortgage lenders have entered the market over recent years, such as Molo, Habito, and Atom Bank, with more set to follow. Starling Bank recently bought Fleet Mortgages and Monzo are expected to begin lending soon. These digital mortgage lenders, described as “disruptive”, are aiming to simplify the process and use accessible […]

Blaming lawyers for UK’s links to Russia is “dangerous” – Law Society

Speaking in a letter to The Times on Thursday, Law Society president I. Stephanie Boyce condemned attempts to “scapegoat” lawyers over the UK’s business links to Russia. Amid coverage of Russia’s sizeable presence within the UK’s economy, the role that lawyers and firms have played has been heavily scrutinised. Responding to a column in the newspaper […]

Government’s intent to legislate on identity & legal sector response

The sad events in Ukraine have forced the government and the property industry to pay even more attention to where client money comes from and who their client is. This has had serious implications for the whole industry, not just for those exposed to foreign property transactions. Events in Ukraine forced the government to push […]