Natwest chair says ‘not that difficult’ to buy a house
NatWest Chairman Sir Howard Davies has sparked controversy with his remarks about the housing market’s accessibility for first-time buyers. Davies stated on BBC that acquiring a mortgage isn’t as challenging as perceived, advocating the necessity of saving for a deposit. He said that “you have to save, and that’s the way it always used to […]
Leasehold Reforms: Preparing for new changes in 2024
Leasehold reform expected this year should reap benefits for a sizeable number of householders. According to Government statistics there are approximately 4.98 million leasehold dwellings in England, the majority of which are in London and the North-East. Although this number in most part is made up of flats or apartments (70%), it does include a […]
tmgroup takes on the challenge of AI to simplify the transaction
The rapid expansion of AI technology is stirring debate in the conveyancing industry about its potential benefits and pitfalls, leaving many wondering what role it will play and how far it will transform the way we work. According to the SRA, 75% of the largest solicitors firms used AI in 2022, double the number from […]
Wellbeing at Work Survey Relaunch: Insights on the Future of the Workplace
The Conveyancing Foundation has launched its ‘Wellbeing at Work Survey’ for the second year running with a £500 voucher on offer for taking part. The “Wellbeing at Work” survey, first launched in February 2023, is designed to understand and evaluate the stresses and strains and the mental health and wellbeing initiatives and structures that can […]
CA updates Building Safety Act and Building Safety (Leaseholder Protections) Guidance
The Conveyancing Association (CA) has updated its guidance document for conveyancing firms which addresses The Building Safety Act and Building Safety (Leaseholder Protection) (England) Regulations 2022. Leaseholder protections outline the need for a Leaseholder Deed of Certificate and Landlord Certificate and apply to buildings at least 11 metres/five storeys, while the regulatory framework applies to […]
Diary of a high street conveyancer: 8th January 2024
Happy New Year to you all! I hope that 2024 is going to be a good year. It is always at this time of year when I think about how we can achieve a better work/life balance and how perhaps conveyancing land can be better. So, with that in mind, here are my top five […]
Housing market shows cooling trend amid economic uncertainties and seasonal adjustments – report
The November 2023 Propertymark Housing Insight Report highlights several trends and statistics within the UK housing market. There has been a 14% decrease in the number of properties available for sale, and a 26% reduction in new properties coming to market, indicating a cooling of the market. There is also a 6% decrease in the […]
2023: A Year to remember or forget?!
Lloyd Davies, founder and Managing Director of Convey Law and Chairman of the Conveyancing Foundation, reflects on a difficult, but at times inspiring year for the conveyancing industry and profession, with the most difficult of economic conditions and challenges, but also with perhaps the roots of change and better times ahead in 2024. As Conveyancers, we operate in […]
Mortgage approvals indicate more people looking to move
Bank of England mortgage approval data suggests that more people may be looking at moving home in the first part of 2024. The latest figures, which show that mortgage approvals for house purchases rose from 47,900 in October to 50,100 in November, must be set against the overall downward trend seen since the peak over […]
22% fall in completions could be the nadir
A further fall in property completions in November 2023 may be the nadir of the property market as forecasters look ahead to 2024 with cautious optimism. November completions were around a quarter down on 2022 and marginally lower than October as the market continues to adjust to the challenges 2023 has presented with high inflation, […]
Insight, opinion and innovation; Today’s Conveyancer Podcast Round-Up 2023
The Today’s Conveyancer podcast delivers regular insight into goings on across the property industry through interviews and discussions with those who are actively engaged in it. Since launching in 2021 it has now delivered 71 episodes covering topics as varied as land law, case and matter management and technology, sales and marketing, market analysis, new […]
How can law firms enhance their ESG efforts and meet the evolving expectations of clients?
“How important is a law firm’s approach to sustainability?” As ethical considerations and sustainable practices become increasingly crucial for both clients and businesses, the legal sector finds itself under scrutiny for more than just its ability to provide a slick service to clients. Asking clients and potential clients to weigh in on this matter, the […]
SOS focuses on supporting the legal enterprise market
SOS is dedicated to serving the unique requirements of the enterprise legal market, where efficiency, accuracy, and adaptability are imperative for the success of law firms. While cloud-based solutions have gained attention, larger firms demand a more tailored approach to technology due to their complex and specialised requirements. With over 36 years of experience in […]