IQ Legal Training announces Residential Conveyancing Conference in collaboration with Groundsure
IQ Legal Training, a leading UK-based legal training provider, has announced that it will be hosting a Residential Conveyancing Conference on 6th July 2023 at the Hilton London Tower Bridge. The conference is hosted with Groundsure and delegates are invited to join the spectacular annual Groundsure Thames Cruise and after party at TwoRuba, Hotel Hilton, […]
Upcoming events with Women in Residential Property
Founded in 2017, Women In Residential Property (WIRP) fosters collaboration between women working across all sectors of the residential property industry from development through to agency. We organise digital and face to face networking events where we discuss a broad range of topics, from the personal to the professional, but we always aim to provide […]
Aiming for the finish line: A simple answer to solving the problem of transaction timescales
When it comes to buying a new home, searching for “the one” isn’t a process to rush into. Inevitably it takes time to consider what the ideal home looks like, view potential properties, organise a mortgage and, if it meets the right criteria, make an offer. Yet, once that offer is accepted, the reality is […]
Mortgage approvals slide amidst rising rates
New data released by the Bank of England has confirmed mortgage approvals fell during April of this year having risen the prior month. Threadneedle Street said net mortgage approvals for house purchases fell from 51,500 in March to 48,700 in April – a 26% year-on-year fall from April 2022. Approvals for remortgaging increased slightly from […]
Property transactions down a third compared with same period last year, data reveals
New data from HM Revenue & Customs has revealed the number of UK residential property transactions in April 2023 was 32% lower than the same month in 2022. Indeed, the 67,220 transactions seen last month was also 29% lower than the previous month of March 2023 on a non-seasonally adjusted basis. Looking at the same […]
Nearly 10% of mortgages taken off the market due to interest rate concerns
New data has revealed that nearly 10% of mortgages have been taken off the market due to concerns about increasing interest rates, according to data from Moneyfacts. The figures indicate that approximately 800 residential and buy-to-let deals have been withdrawn, and average rates on two and five-year fixed deals have also risen. This comes after […]
Court of Appeal sheds light on shared ownership leaseholders’ rights
The Court of Appeal has shed some light on the question of whether a “shared ownership lease” granted for a term of more than 21 years is a “long lease”. The appeal in Avon Ground Rents Limited and Canary Gateway (Block A) RTM Company Ltd explained whether a “shared ownership lease” granted for a term of […]
FCA says it wants the UK to become ‘hostile environment’ for fraudsters
The Financial Conduct Authority (FCA), in a collaboration with industry, plans to make the UK a hostile environment for fraudsters, as said at PIMFA’s Financial Crime Conference. Opening the conference Nick Hulme, Head of Department (Advisers, Wealth and Pensions) at the FCA, said prevention of financial crime was one of regulators most important commitments. “We […]
Bold Legal Group Summer Conference and Evening Soirée: All you need to know
The Bold Legal Group Summer Conference and Evening Soirée is due to take place on the longest day of the year, 21st June, something “very apt” given the number of issues on the agenda, according to Bold Legal Group (BLG) CEO Rob Hailstone. Tickets are now available on general release. The agenda will include: The […]
Martello Joins Mishcon de Reya’s MDR Lab Programme
Martello, a digital platform that is building the first live property search database to help speed up the homebuying process, has today announced that it has joined the summer cohort of MDR Lab, the product-focused innovation programme of Mishcon de Reya, one of the UK’s leading law firms. Over the coming 12 weeks, Martello will […]
Conservatives risk losing millions in donations as property developers hold back
Property developers are considering withholding millions of pounds in funding to the Conservative Party amid concerns the government has become a “houseblocker”. A large amount of donations to the Conservative Party came from housing developers and builders. Tory sources have said such donations have dried up as ministers were accused of bowing to “selfish” MPs […]