Law Society issues new guidance after SRA fining powers raised
In recent months the Solicitors Regulation Authority (SRA) has issued record fines to firms for compliance and anti-money laundering (AML) failings. The Law Society has issued new guidance to help its members. Law Society of England and Wales president Nick Emmerson said: “It is almost two years since the Ministry of Justice raised the SRA’s […]
New Study Reveals 60% Don’t Know What Conveyancing Is
A new study by the HomeOwners Alliance reveals that 60% of UK adults don’t know what conveyancing is. Almost 50% of homeowners, who would have most likely used the help of a conveyancer, still aren’t aware of what their role is. Conveyancing is arguably the most important part of the moving house process, so its […]
LMS monthly remortgage snapshot: February 2024
LMS has prepared its monthly remortgage snapshot for February. The Snapshot collates LMS data to provide a comprehensive overview of the re-mortgage activity across the month. Key stats: £373.58 average monthly repayment increase for those who remortgaged in February 43% of borrowers increased their loan size in February 47% of those who remortgaged took out a 2-year […]
Unlocking Compliance Excellence: Amiqus Secures Top Quartile Recognition in FT 1000 Rankings
The Financial Times (FT) 1000 ranking, compiled in partnership with German research company Statista, has announced its eighth annual list showcasing Europe’s fastest-growing companies. Released on 1st March 2024, the list highlights the top 1000 companies based on their compound annual growth rate (CAGR) in revenue from 2019 to 2022. Amiqus is proud to announce […]
Digital compliance firm secures significant investment to fuel ambitious growth plans
A provider of digital compliance and anti-money laundering (AML) software, announced last week that it has signed an agreement to receive a significant equity investment from Triple Private Equity. With its investment, Triple will now take a majority share in SmartSearch and will work alongside the existing management to deliver on the company’s next stage […]
Housing survey reveals planning permissions at an ‘all-time low’
The number of sites that gained planning permission in 2023 dropped to the lowest level for a 12-month period since The Housing Pipeline Report began in 2006. The 10,527 sites were granted permission in 2023 – a 16% decrease on 2022 and a 23% fall on 2021. The volume is about half the average annual […]
