Complaints about breaches of undertakings added to CLC’s latest Risk Agenda
The Council for Licensed Conveyancers (CLC) has received “too many complaints” about some of the practices it regulates breaching undertakings, it says today in its 2023 Risk Agenda. The annual publication brings together a list of the biggest risks faced by the CLC’s regulated community, which emerge during its regular monitoring and inspection work throughout […]
Bank of England data reveals upswing in mortgage approvals
New data from the Bank of England has revealed that net mortgage approvals for house purchases saw an increase from 51,100 in May to 54,700 in June, while approvals for remortgaging rose from 34,100 to 39,100 during the same period. This follows the data released in June which revealed the decrease in mortgage approvals for […]
Experts predict UK will avoid housing market crash despite latest base rate hike
The UK will avoid a housing market crash in spite of the Bank of England raising the base rate to 5.25% on Thursday, the majority of a panel of experts have suggested. The panel – put together by finder.com – included academics, economists, and mortgage experts. Six of the 10 felt a crash would be […]
Government launches biggest cladding removal scheme to date
The government has announced its biggest building safety intervention to date as part of a wider package of measures to help end the building safety crisis across England, according to Department for Levelling Up, Housing and Communities and Homes England. The full opening of the Cladding Safety Scheme (CSS), announced in a speech by Housing Secretary Michael Gove, […]
AI enquiries startup announces Paul Saunders as latest investor
AI enquiries startup Collaborative Conveyancing has announced Paul Saunders as the latest investor supporting its plans to introduce an automated solution for property lawyers to classify enquiries and structure responses. Paul, a well-recognised industry figure within the conveyancing profession, has been Managing Director for compliance firm Legal Eye for six years, Managing Director at Amity […]
Conveyancers’ mental health improving, new report finds
The Wellbeing at Work Survey Report by The Conveyancing Foundation (CF) has revealed that people’s self-reported levels of mental health are currently the best they have been for the past three years. CF commissioned Morale Solutions to conduct a series of surveys amongst people working in the property industry – with an overall level of […]
