LSB publishes independent review of the SRA’s regulation of SSB Group Limited

The LSB write with regard to the LSB’s review of the SRA’s regulation of SSB Group Limited. They have engaged an independent firm of solicitors, Carson McDowell LLP, to carry out an independent review on our behalf. They have set out below the scope of the review. Please note that the scope of the review […]

Land registration: Practice guide updated: Leases: determination (PG26)

HM Land Registry logo

Leases: determination (PG26) Page summary: How leases are determined and how this affects registered titles (practice guide 26). Change made: Section 10 has been amended to clarify our requirements for determination by effluxion of time and determination by notice under section 25 or 27 of the Landlord and Tenant Act 1954. Time updated: 6:00am, 28 […]

How to Choose the Right Digital Provider for AML/KYC Checks

Today, anti-money laundering compliance is more than identity verification; it encompasses a comprehensive approach that involves understanding clients, assessing risks, and monitoring transactions. Traditionally, Know Your Customer (KYC) and Anti-Money Laundering (AML) checks have relied on manual procedures. This often entails in-person meetings with clients, manual identity verification, and email exchanges to gather essential documents […]

Levelling Up: MPs need input from the industry for property transaction reform

The Levelling Up, Housing and Communities (LUHC) Committee has launched an inquiry into home buying and selling in England. A cross-party group of MPs will scrutinise the current property transaction process, question relevant stakeholders, and make recommendations for improvement.   Commenting on the review, Clive Betts, chair of the LUHC Committee, said: “The process of buying and selling […]

Ten Good Habits when Advising on Commercial Leases – drafting

We are excited to bring you part two of our webinar series in partnership with IQ Legal Training. This webinar, presented by Ian Quayle and Geodesys Key Account Manager Kay Toon, will take a deeper dive into drafting and advising on commercial leases and will cover the following topics: Defining the demise, term and parties […]

Grow your business with Remortgage leads

Compare My Move provides high-quality Remortgage leads as part of our conveyancing service. This is in addition to our Sale, Purchase and Sale and Purchase leads to give you the maximum chance of success.   We’ve seen an 18% increase in remortgage enquiries in Q1 2024 compared to Q4 2023. Our remortgage network is still growing, […]

Leasehold reform Gove’s swansong – but no ground rent cap

Long-awaited leasehold reform was one of a handful of bills which made it through a chaotic day in Parliament as it shut down ahead of the General Election on 4th July. The Leasehold and Freehold Reform Act, a longstanding manifesto commitment, officially received Royal Assent, but fell short of one of the key objectives of […]

Renters reform bill will dissolve after snap election

The Conservatives’ pledge to abolish no-fault evictions before the upcoming election will not be fulfilled following the announcement of the General Election.  The Renters (Reform) Bill, which aims to prevent landlords from evicting tenants without a valid reason, was launched in response to a 2019 Conservative manifesto commitment to abolish Section 21 evictions. It was […]

Concerns that general election won’t change the ‘broken’ housing market

Prime Minister Rishi Sunak called a surprise snap election yesterday in a statement at Downing Street – both Sunak and Sir Keir Starmer are both expected to appear in public on Friday before the election campaign starts. The country will go to the polls on July 4th after the Prime Minister’s statement in front of […]

Average cost of conveyancing in 2024 has risen by 4.5% from 2023

The average cost of conveyancing in 2024 has risen by 4.5% from 2023, just over January 2024’s inflation rate of 4.2%, according to Compare My Move’s annual index on the cost of conveyancing for people buying and selling a house. The conveyancing industry is still recovering from the rise in inflation seen in 2022 and […]

UK inflation falls to 2.3%,the lowest level in almost three years

interest rate

UK inflation has fallen to 2.3% – just above the target of 2% – the lowest level in almost three years. The latest dip has sparked optimism across the property sector, with industry leaders expressing cautious hope for future interest rate cuts and improved market conditions. Nathan Emerson, CEO of Propertymark, shared his optimism and […]

Confessions of a cyber conveyancer

I KNOW I received that document … Given the voracity of recent discussions around forms, allegations of vested interests and the inability of technology to improve conveyancing, an outsider might think that these are the key concerns amongst property lawyers right now. Whilst there is an awful lot of energy being expended on those topics, […]

Diary of a High Street Conveyancer: 28th May 2024

I am still in awe of AI… I hear others talking about it and do not even start to understand how it works but it still scares me a little. I suppose that coming to the end of my career means that I do not have to take notice of it in the same way […]