Are you ready for the second Economic Crime Act?

On 1 August 2022, the Economic Crime (Transparency and Enforcement) Act came into force. Designed to tackle the UK’s dirty money problem, the legislation gained momentum following Putin’s invasion of Ukraine.  One key part of the legislation was the introduction of a new Register of Overseas Entities (ROE), which forced the foreign owners of UK […]

Managing pre-contract enquiries – a discussion for National Conveyancing Week

Chris Harris, co-founder of tech start-up Collaborative Conveyancing hosts a webinar on the important topic of how we can look to reduce the tension in the conveyancing enquiries process and the impact on cases for conveyancers, estate agents, lenders and consumers. Joined by a panel of experts including law firm advisor Marion Palmann, Solicitor and […]

Conveyancers invited to update their risk management knowledge during National Conveyancing Week

tmgroup, a leading technology services and property search provider to the conveyancing sector, is marking National Conveyancing Week 2024 with a focus on managing risk within the residential conveyancing process. The property transaction is subject to many potential risks and legal firms are coming under increasing pressure in their obligations to prevent and identify financial […]

Agility gives smaller firms the edge to digitise conveyancing process faster

Small firms are increasing their digital adoption faster than medium and larger firms according to new data from from the 2024 Digital Conveyancing Maturity Index. More than half of the top 10% of high scoring firms in the 2024 Index are small firms with 25 or fewer employees. The Digital Conveyancing Maturity Report 2024 is […]

New Toolkit launched to support Lawyers with Material Information Services

To coincide with National Conveyancing week, the Home Owner’s Passport (HOP) has released its Material Information Lawyers’ Toolkit. The toolkit has been developed as a response to the new Trading Standards Material Information Guidance which mandates estate agents to include a broader scope of information at the property listing stage – information that was traditionally […]

National Conveyancing Week begins today

National Conveyancing Week, a week dedicated to raising the profile of conveyancing and the role of conveyancing professionals in the property transaction process, begins today, Monday 11th March and runs to Friday 15th March. Throughout the week, events and webinars will take place designed to educate and inform professionals from across the property sector, and […]

Residential planning approval falls by -8.3%, research reveals

New research has revealed that the number of residential planning applications granted in England has fallen by -8.3% on the year, marking at least four consecutive years of decline, and while the nation tries to confront a desperate housing crisis, it’s grants for major developments that have seen the biggest drop of all. Monta Capital […]

Homeownership falls to 50 year low

Industry data reveals a significant downturn in the UK property market, with the number of home movers reaching its lowest point since 1974, according to the UK Finance Household Review. In 2023, only 251,000 loans were issued to home movers, marking a 26% decline from the previous year. First-time buyers also faced challenges, with their […]

Property transaction data insights

A recent report from the Landmark Information Group sheds light on property transactions- delving into key data points, the report reveals trends and challenges faced by the industry. The average time from instruction to completion has surged from 75 days in 2007 to 133 days in 2022, showcasing a staggering 64% increase over the past […]

Diary of a high street conveyancer: 11th March 2024

There are times in a conveyancer’s working life when we think – wow, that is like an exam question – so how about this for a transaction I am presently acting it but set as an exam question. Josephine is selling her house. Her intention is to move in with her boyfriend and then he […]

Be Careful What You Wish For

Like pineapple on pizza, everyone has an opinion on conveyancing referral fees. Since they were first permitted by the Solicitors’ Introduction and Referral Code 1990, debate has continued about whether it is ethical for Solicitors to pay for the introduction of work. If you feel like stirring the pot, go to LinkedIn and post a […]