The Conveyancing Foundation Welcomes Martello as a New Charity Partner
The Conveyancing Foundation is thrilled to announce Martello as its newest charity partner. This partnership marks a significant step in advancing its mission to support the property industry through fundraising and charitable initiatives. Martello, known for providing same-day environmental searches for property lawyers, specialises in streamlining workflows and improving efficiency. Their services unburden lawyers by […]
Property transactions 24% higher compared with the same period last year, data reveals
New data from HM Revenue & Customs has revealed the number of UK residential property transactions in May 2024 was 24% higher than the same month in 2023. The provisional non-seasonally adjusted estimate of the number of UK residential transactions in May 2024 is 91,660, 24% higher than May 2023 and 18% higher than April […]
Conveyancing leads have grown by over 6% in the past month
Conveyancing enquiries have increased by 6% in the past month, according to Compare My Move data. This shows that there isn’t a slowdown in moving enquiries, despite a slight increase in house prices, according to the UK House Price Index. Compare My Move offers multiple lead types, allowing us to accept leads from a wider […]
ESTAS Awards confirms Sprift as 2024 Principal Partner
The ESTAS Group has confirmed that Sprift, the most comprehensive source of UK property data, is to continue as one of their key Principal sponsors for the 2024 ESTAS awards. Sprift will present the prestigious estate agent categories at the awards ceremony taking place later this year and will also provide the soundtrack for the […]
High court upholds tribunal decision clearing solicitor of money laundering rule breach
The Solicitors Regulation Authority (SRA) has failed in its attempt to overturn a tribunal’s decision that cleared solicitor George Fahim Sa’id of failing to follow money laundering regulations, as reported by The Law Society Gazette. Sa’id, operating as George Anthony Andrews, assisted a wealthy Iraqi family in purchasing a £27 million hotel and an £8.5 […]
House prices and income predicted to rise in latest House Price Index
Predictions that UK house prices will be higher by the end of the year with ‘income growth steadily easing the impact of higher mortgage rates’ are the latest forecast following the latest House Price Index. Zoopla suggests that homebuyers are largely shrugging off the election with new sales agreed eight per cent higher, with demand […]
First-time buyer mortgage payment soars 61 per cent in in five years despite lacklustre wage growth
Since the last general election, mortgage payments for first-time buyers has skyrocketed by 61 per cent, significantly outpacing wage growth. Rightmove’s latest study on first-time buyers highlights that since the 2019 election mortgages have increased from £667 a month to £1,075 a month – with rates remaining elevated. Median figures for five-year fixed 80 per […]
The Diary of A High Street Conveyancer: 1st July 2024
On Thursday, I received an email from a client, headed ‘ONE WEEK TO GO’. The client was quite pushy – you know the sort – wants everything done yesterday and gets frustrated when he can’t see anything happening even though we explain that a lot goes on behind the scenes. He is buying a leasehold […]
Diary of a Cyber Conveyancer: Why is legaltech so important to conveyancing?
Having spent years building a conveyancing business based on the principle that great lawyers are even better when supported by great technology, I don’t need convincing of the benefits that technology can bring. However, judging by some of the comments I read online, clearly, not everyone agrees with me. Which is strange, given that almost […]
Leaseholders may have to wait years for new law to come into effect say property lawyer
New rules on renewing leases may have become law but homeowners ‘could still have to wait years until the laws come into effect’, a property lawyer has warned. The Leasehold Reform Act became law before parliament was dissolved in May ahead of the General Election next month. But despite the law being rushed through parliament […]
SRA Board to decide the future regulation of CILEX members
The Board of the Solicitors Regulation Authority (SRA) will this week decide whether to proceed with proposals for the SRA to regulate authorised and non-authorised members of the Chartered Institute of Legal Executives (CILEX). Law Society of England and Wales chief executive officer Ian Jeffery said that they await the SRA Board’s decision in expectation […]
Over 18 million UK homes need green upgrades to lower energy bills
New analysis from Rightmove reveals the urgent need for the next government to help home-owners and landlords make their homes greener. New analysis estimates that at least 18 million homes have a rating of an EPC D or below. This takes into account both homes that have an EPC, and those that have never had […]
Human vs machine: An AI collaboration in practice
A collaboration between conveyancing firm Simply Conveyancing and property technology business Orbital Witness is the topic of discussion in the latest Today’s Conveyancer podcast Host David Opie is joined by Sue Bence, Chief Operating Officer at Simply Conveyancing, and Ed Boulle, co-founder of Orbital Witness to discuss the introduction of Orbital’s title checking software, which […]