UK signs up to Hague 19 Convention
The UK government has signed up to the Hague 19 Convention, meaning judgments made in courts in England and Wales will be recognised internationally in future. As a result, UK citizens and businesses will be spared time and money on cross-border disputes. Firms caught up in time consuming international legal disputes will be spared time […]
Practice guide update: PG67
Evidence of identity (PG67) Page summary: This guide explains when evidence of identity is required and how it should be given. It is aimed at conveyancers (practice guide 67). Change made: Section 3.1 has been amended and section 8.4 added as CLC-regulated licensed probate practitioners can now verify identity on forms ID1 and ID2. Time […]
LSB Chief Executive steps down
Matthew Hill, Chief Executive at The Legal Services Board (LSB) has announced he is stepping down at the end of March 2024. Matthew Hill joined the LSB in August 2019 as Chief Executive and executive Board member. The Board of the LSB have started the process of recruiting his successor immediately. An interim leadership arrangement […]
Enhanced CQS Training courses with digital conveyancing insight to be available for access legal customers
To help firms and legal professionals maintain their Conveyancing Quality Scheme (CQS) accreditations, Legal technology provider, Access Legal, one of the only approved providers of CQS training alongside The Law Society, launches new Update courses in line with the new 2023 – 2024 syllabus. The courses, which will be released on 15 January 2024, are mandatory for conveyancers […]
Parts B and C upfront information released
The National Trading Standards Estate and Letting Agency Team (NTSELAT) released Parts B and C of their material information guidelines back in November. NTSELAT claims this is what should be included in all property listings going forward as it’s now classed under Consumer Protection Regulations. In 2022 we saw the first phase of this released […]
Housing market: Surge in mortgage applications and increase in buyer demand
The housing market is witnessing a resurgence, marked by a significant uplift in mortgage applications, property listings, and buyer confidence. Twenty7tec has confirmed a 19.6% year-on-year increase in mortgage application submissions via APPLY, significantly outperforming the wider market where its reporter volumes are substantially down versus 2022. APPLY streamlines the mortgage application submission process by […]
Downsizers ‘must be exempt from Stamp Duty’ – report
A new report commissioned by the Family Building Society has recommended policymakers to reassess the enforcement of stamp duty for elderly homeowners looking to downsize. The report, sponsored by Lord Mandelson and Lord Heseltine, argues that older residents are often less likely to downsize due to a lack of financial incentives spurred on by high […]
British Conveyancing Awards: Industry Champion and Tickets Launched
The British Conveyancing Awards, sponsored by Groundsure, have announced the formal launch of nominations for the 2024 Today’s Conveyancer Industry Champion alongside the opening of ticket bookings for the glitzy ceremony hosted at 8 Northumberland Avenue in London on Tuesday 12th March 2024. The Industry Champion category is this year sponsored by Taylor Rose MW […]
“Mortgage laden” Gen X won’t clear loans before retirement
Research into Gen X has identified that over a quarter (27%) are not confident they would pay off their mortgage before age 67 with 13% firmly believing they wouldn’t and a further 14% unsure if they could. 45% of those who have a mortgage say it’s taking longer to pay off than hoped throwing a […]
Property market shows signs of ‘resilience and stability’ as interest rates stabilise
Industry experts and market analysts are optimistic about the coming months, as the base rate appears to have peaked, instilling confidence in both buyers and sellers. The Bank of England’s decision to maintain interest rates at 5.25% signals a stable start to the new year. Nicky Stevenson, Managing Director of Fine & Country, said that […]
January ‘busiest ever’ start to the new year for mortgage searches
As the post-Christmas listing boom has filtered its way through to mortgage enquiries, the latest data from Twenty7tec shows that last week was the busiest-ever start to a new calendar year for mortgage searches. Wednesday (03.01.24) and Thursday (04.01.24) were the two busiest days ever at the beginning of the calendar year. Wednesday was the […]
The regulator’s view; anti-money laundering and the CLC
The Today’s Conveyancer podcast returns for it’s third series with our first episode of 2024. And we’re launching with a bang with Sebastian Haller, Deputy Director of Anti-Money Laundering at the Council for Licensed Conveyancers sharing the regulator’s views on the challenges conveyancers and property lawyers face when it comes to anti-money laundering (AML) Sebastian […]
