Organising the biggest awards in the industry – the inside story
The ESTAS team and I are now on the final countdown to Friday 20th October. Having run the event for twenty years now, the team and I have learned a lot about processes, time management and planning. In fact, we don’t just apply those learnings in the few weeks in the lead up to ‘the […]
Updated practice guides: PG31, PG4, PG19 and PG5
Discharge of charges (PG31) Page summary: Guidance about discharges of registered and noted charges, aimed at conveyancers (practice guide 31). Change made: Sections 6.7 ‘What Land Registry issue on completion of an electronic discharge’ and 7.8 ‘What Land Registry will issue on completion of registration of an e-DS1’ have been removed and section 7.5 has […]
PII costs ‘not expected to fall in the near term’
Joint research by the Legal Services Board (LSB) and Solicitors Regulation Authority (SRA) has identified key trends in the professional indemnity insurance market. The research found that the average PII premium is now equivalent to 5% of a law firm’s annual turnover but also points to the potential for continued market consolidation as one fifth […]
Rallying cry for profession to work together from new steering group
A new steering group to lead the implementation of digitalisation in conveyancing formally launched today (12th September) in London. The Digital Property Market Steering Group welcomed delegates from across the property sector to the Leonardo Royal Hotel to discuss the vision and ambition of the new group whose purpose is to effect change across consumer […]
Mortgage figures provide indication of market direction
The value of mortgage advances in Q2 2023 was down nearly 33% on Q2 2022 as the Bank of England base rate rise, and the cost of living bites. The Bank of England’s Mortgage Lenders and Administrators Statistics show that mortgage advances completed totalled £52.4bn, down £6.3bn on the same time last year. On a […]
Initiative to improve home buying in Northern Ireland announced
A new initiative has been announced this week which aims to improve the experience of moving house in Northern Ireland. Following in the footsteps of National Conveyancing Week 2023, hosted in March of this year, The Law Society of Northern Ireland have partnered with Propertynews.com to launch a Conveyancing Week in Northern Ireland. Conveyancing Week will […]
Diary of a high street conveyancer: 18th September 2023
I have been on holiday for a week – only a week, but I think we would all agree that in conveyancing land, a week is a long time. And is it really a holiday when you take your laptop with you and check emails sporadically throughout the day? When criticism is levelled at conveyancing […]
The Benefits of Upfront Information: Why Conveyancers Should Engage Homemovers Sooner
The requirement and desire for Upfront Information in the property sector is building momentum. With the National Trading Standards’ three-phase project on Material Information affecting estate agents well underway, there are many industry groups encouraging conveyancers to follow suit and provide information earlier in the homemoving journey. You have the Home Buying and Selling Group […]
