LMS monthly remortgage snapshot: March 2023

LMS logo

LMS, the UK’s leading conveyancer and panel management specialist, has today released its monthly remortgage snapshot.  March update showed: £310 average monthly payment increase for those who remortgaged in March 41% of borrowers increased their loan size in March 53% of those who remortgaged took out a 5-year fixed rate product, the most popular product […]

Armalytix launches new tools to help firms avoid fraud & punishment

AX insights red flag image

Armalytix, a cutting-edge fintech company that streamlines financial insights for financial crime and risk checks to the professional, financial services and gambling sectors, announced today the launch of Income and Risk Insights. The new set of tools will allow firms to break down and understand their clients’ income and streamline their risk management processes. These tools will […]

HMLR practice guide updates: April 2023

HMLR practice guide

HMLR Practice Guide updates: PG13, PG40s5, PG63, PG25, PG19, PG24, PG9 and PG29 Index of relating franchises and manors: official searches (PG13) Page summary: How to obtain Information held in the index of relating franchises and manors (practice guide 13). Change made: Section 7 has been updated to reflect the formation of Cumberland and Westmorland […]

KYC and AML checks where a trust is involved

You are no doubt aware of the importance of carrying out KYC checks when dealing with property transactions. However, when a trust is involved, the process can become more complicated due to the complexity, and higher risk of money laundering. In this article, we run through how KYC checks differ in this scenario and what […]

Knowing your Worth

uk houses

Latest research suggests that clients will pay more to get the service they want Data released by iamproperty indicates a surprising fact about homebuyers, given the current status of the market, interest rates and the cost of living – most would be happy to pay more for their conveyancing. Before you break out the champagne […]

Search Acumen shortlisted for PropTech Innovator of the Year at Property Week 2023 Awards

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Property data insight and technology provider, Search Acumen, has been chosen as a finalist for Property Week’s 2023 Property Awards in the Proptech Innovator of the Year category. The category honours companies that are transforming the property industry through the application of technology in residential or commercial markets. A panel of expert judges has selected […]

Law Society Climate Risk Guidance: Reaction from Groundsure

climate risk

The Law Society has issued guidance on the legal duties which conveyancers owe to their clients to advise, warn and disclose climate risks —  as well as wider climate governance issues.  The majority of the guidance concerns the duties solicitors owe to their clients to advise, warn and disclose climate risks. This is especially relevant […]

Government announces £100m fund for areas affected by repeated flooding

a flooded road

The government has named the first communities in England set to receive better flood protection as part of the government’s £100 million Frequently Flooded Allowance. The funding will protect areas that have been affected by repeated flooding. The first 53 projects announced will be allocated more than £26 million in total, better protecting more than […]