Law Society has serious concerns about proposed rise to the Compensation Fund levy
In response to the Solicitors Regulation Authority’s (SRA) consultation on the proposed rise to the Compensation Fund levy, the Law Society of England and Wales has expressed serious concerns about the impact this could have on the sector, especially small firms and sole practitioners. The proposed individual contribution to the Fund will rise from £30 […]
Five Reasons Compass is a no-brainer for Conveyancers
If your firm isn’t getting Stamp Duty right, the consequences could be devastating, for you and your clients Stamp Duty might not be top of your conveyancing worry list at the moment, with an ongoing debate around changes to the TA6, a volatile mortgage market and a base rate which seems immoveable dragging property sales […]
Opinion| The Leasehold and Freehold Reform Act: measures of success
There has been comment from the Association of Leasehold Enfranchisement Practitioners (ALEP) on the Leasehold and Reform Bill. Mark Wilson Director of Myleasehold, gives his take on what should happen next and what these changes mean for the industry. The 4.9 million residential leases in England and Wales now face significant change following the enactment […]
OPDA welcomes Simply Conveyancing as its latest member
The Open Property Data Association (OPDA) has welcomed Simply Conveyancing as an associate member. OPDA, founded last June, promotes the “industry-wide” adoption of open property data and technology standards. Simply Conveyancing is joining OPDA on its mission to “speed up the notoriously slow homebuying process” by sharing digital property information across the housing market Currently, less […]
Could Rightmove become the next Blockbuster?
Rightmove has been the dominant force in property portals for almost two decades. But the question on everyone’s lips is how much longer this will be the case. Disruptors have been seeking to dethrone Rightmove for several years now with suggestions ranging from class actions or boycotts by estate agents to outspending Rightmove in marketing […]
Opinion| The impact of the Leasehold and Freehold Act on local authorities
The Leasehold and Freehold Reform Bill has now been enacted, and its impact on local authorities is likely to be substantial when it comes into force. The legislation would impact on local authorities’ finances in at least three ways: changes to the length of residential property leases will reduce their value to local authorities as […]