Interest rates hit 3% in biggest hike since Black Wednesday

The Bank of England’s Monetary Policy Committee (MPC) has voted 7-2 to raise the Bank Rate from 2.25% to 3%. The hike in rates is the biggest of its kind since Black Wednesday when rates were briefly hiked from 10% to 12% – or, excluding that, since 1989. The Bank Rate of 3% comes as […]

Upcoming webinars with Groundsure: All you need to know about Commercial Searches

Groundsure client care clauses

Which report for which scenario? Commercial – Thursday 8th November, 11am – 12pm GMT In this webinar, Strategic Account Manager Nick Treble, will take a closer look at our range of Commercial reports. In this session Nick will take you through what data is included in each report, what risks are covered, what are the […]

Dye & Durham announces digital post-completion platform for UK conveyancers

Dye & Durham today announced the development of a digital post-completion platform, empowering conveyancers across the UK to complete property Stamp Duty submissions and AP1 (DRS) applications quickly, securely, and reliably with a direct connection to government systems. The new platform is the latest innovation Dye & Durham is introducing to the UK market as […]

Four business habits to help conveyancing firms achieve success

A recent survey by the Legal Services Consumer Panel has revealed that satisfaction levels among users of conveyancing services fell by 5% on the previous year to 88% in 2022. The research also found that the number of consumers shopping around for conveyancing services has this year risen to 48% (2021: 38%) – the biggest […]

LeO confirms when changes to Scheme Rules will come into effect

The Legal Ombudsman (LeO) has confirmed that changes to its Scheme Rules, which will aim to make it harder for clients to complain about legal services, will come into effect on 1st April 2023. One key change outlined in the new Scheme Rules is the time limit for referring a complaint to the Legal Ombudsman, […]

LSB publishes new framework in effort to better hold regulators to account

The Legal Service Board (LSB) has published a new approach to regulatory performance. It invites the front line legal regulators to take the lead on demonstrating that they are well-led and have an effective approach to regulating in the public interest. The LSB say effective regulation protects and benefits the public while supporting leadership, growth, […]