Confessions of a cyber conveyancer
Data is the new oil. Upfront information is the silver bullet. Artificial intelligence will make everyone redundant. Spend any time on LinkedIn and having scrolled past the boxes of Roses, spaniels on office chairs and copies of illegible thank you notes – you’ll have been bombarded by many of these messages. It’s not that they […]
Charting a Sustainable Future – Landmark’s CPD Accredited Sustainability Training Services
In a world facing the ever-growing challenges of climate change, sustainability has become more than just a buzzword; it’s a global imperative. As we stand at the precipice of a crucial transformation towards a lower carbon economy, knowledge and expertise in sustainability are paramount. At Landmark, we recognise the urgency of this transition and are […]
Property transactions 16% lower compared with same period last year, data reveals
Data released from HM Revenue & Customs has revealed the number of UK residential property transactions in August 2023 was 16% lower than the same month in 2022. The estimated 95,000 transactions seen last month was 11% higher than the previous month of July 2023 on a non-seasonally adjusted basis. Looking at the same data […]
Autumn set to bring mortgage approval uplift, research shows
New research has revealed that activity is likely to pick up in the coming Autumn months. Over the past five years mortgage approvals across September, October and November have been 7% higher than the overall average, making up 27% for the whole year, exceeding Winter (26%) and Summer (25%). Spring tends to be the quietest […]
Homeowner receives thousands in damages due to ‘monster’ Japanese knotweed
A pensioner has won almost £10,000 in damages after a ‘monster’ Japanese Knotweed infestation ravaged his house. Richard Pember purchased the property in Hopkinstown, Pontypridd, eleven years ago but now worries it could be worth a fraction of what he paid after the invasive plant caused havoc on the land. The infestation which is thought […]
Homeowners depending on ‘Bank of Family’ due to housing affordability
Housing affordability is forcing many homeowners to depend on financial gifting from relatives – the Bank of Family – to step onto the ladder, according to new data from Legal & General and the Centre for Economics and Business Research (Cebr). The report reveals that Bank of Family recipients may receive varying amounts of support […]
CA unveils new version of Technical Protocol designed to cut down transaction delays
The Conveyancing Association (CA) has unveiled the fifth edition of its Conveyancing Technical Protocol. The Technical Protocol, initially launched in 2013, is the result of CA members, panel management companies, and stakeholders working together to produce a document that outlines best practice, and delivers a robust and efficient conveyancing service through co-operation. It collates guidance […]
CLC Annual Roundtable: What is facing the conveyancing profession?
The latest CLC Annual Roundtable focused on the issues that matter most to the profession right now. On Tuesday 26th September 2023, the CLC held their Annual Roundtable discussing what is currently facing the conveyancing profession. CLC asked each of their attendees to identify the one reform they think the market should focus on. The […]
Housing market on track to better last year despite economic backdrop – analysis
The UK housing market is set to record more transactions than last year despite buyers being “hampered” by higher mortgage rates and a cost of living crisis. Estate agency eXp UK analysed how annual property transactions and GDP have risen and fallen since 2005. It is expected there will be an estimated 920,000 transactions in […]
Mortgage repayments up 39% in the last five years – analysis
New analysis has revealed that even after adjusting for inflation, the average homebuyer is paying 39% more per month when repaying their mortgage versus five years ago. Octane Capital analysed the current monthly cost of a mortgage based on the average mortgage rate and a 80% loan to value and how this monthly cost has […]