Meet the AI system answering emails for conveyancers
Artificial Intelligence (AI) is like Marmite. People either embrace it positively or ignore it without thinking through what AI means and what it could do for them. In fact, without realising it, many of us work with AI on a daily basis for the likes of fraud prevention, robotics, customer service, spam filters, facial recognition, […]
Upcoming webinars with InfoTrack
Minimise Risk, and Improve Efficiency in your Real Estate Transactions 14 April at 11.00 am (1 hour) With market predictions and key legislative changes predicting new challenges for real estate lawyers throughout 2023, it’s essential to have systems in place that can help you navigate these challenges easily. Join us on Friday, 14 April, at […]
tmgroup integrates with LMS confirmly in move to protect clients from rising financial fraud
LMS, the UK’s leading conveyancing services provider, has today announced a new partnership with tmgroup, a tech company specialising in conveyancing services, to deliver confirmly, its law firm identity-checking technology to tmgroup’s client base. confirmly is specifically designed for law firms to tackle rising levels of fraud in the industry. By harnessing LMS Panel Link and specialist third party data, […]
Change driven by industry, for industry
An all-of-industry approach is required to truly effect change, but that change begins with each of us. If you’ve been following PEXA’s journey in the UK, you’ll see we’ve taken some big steps lately towards making home buying, selling, and remortgaging a better experience for all. We recently announced a range of collaborations with industry […]
Sales agreed return to pre-pandemic levels for first time since mini-budget
Data from property portal Rightmove has revealed sales agreed have all but returned to pre-pandemic levels for the first time since September’s mini-budget. Specifically, the number of sales being agreed now stands just 1% behind March 2019. Rightmove say this recovery is being driven by sales of flats which are now 10% higher than March […]
Government sets out plans for ‘failure to prevent fraud’ offence
The government has set out its plans for the “failure to prevent fraud” (FTPF) offence contained in a recent amendment to the Economic Crime and Corporate Transparency Bill. The offence is intended to mirror existing failure to prevent offences and will cover a set of core fraud offences such as fraud by false representation, fraud […]
Fall-throughs cost UK property market £1bn in the last year – report
New data has revealed that despite a quarterly reduction in both the volume and cost of the average fall through in 2022, the total annual cost to UK homebuyers and sellers topped £1 billion in 2022, a 6.3% increase on the previous year. The latest industry index on property fall throughs by House Buyer Bureau […]
Rising interest rates lead to 10-year high in mortgage cancellations
New research has shown that while a cooling housing market has led to fewer mortgage approvals, a greater degree of mortgage sector turbulence has seen an increase in the number of mortgage offers being cancelled as a proportion of all mortgages approved. Sirius Property Finance, debt advisory specialists, analysed mortgage approval data from the Bank […]
Short-term lets of holiday homes to require planning permission under new plans
Communities could be given greater control over short-term lets in tourist hot spots under new government plans to require planning permission for an existing home to start to be used as a short-term let. A consultation published by the Department for Levelling Up, Housing and Communities will propose introducing planning permission for an existing home […]
Warmer months could bring 17% seasonal increase in transactions – analysis
New data revealed that the “cold snap” that has enveloped the UK housing market since September’s mini budget could soon be set to thaw, with the number of transactions expected to increase over the spring months, peaking in the traditionally busier summer season. GetAgent analysed housing market data stretching back over the last decade to […]