Chancellor Rachel Reeves has announced housing targets in first major speech

In her first speech as chancellor MP Rachel Reeves has announced at the Treasury today Labour’s commitment to their housing targets, despite concerns of development on green belt areas to reach the proposed quotas. The MP has overturned Michael Gove’s reduced targets for planning and development as she confirmed homebuilding targets alongside lifting the ban […]
Osprey Approach to enhance legal software user experience with UX specialists, full clarity

Leading independent legal software provider Osprey Approach is delighted to announce that it has partnered with award-winning UX consultancy Full Clarity to enhance its software platform user experience, helping to ensure that Osprey delivers the best in market solution for its clients. In what is its biggest investment to date, the project intends to elevate […]
PracticeEvolve Announces Webinar Series for the Legal Market Featuring Industry Expert Amy Bell from Teal Compliance

PracticeEvolve, a leading provider of legal practice management solutions, is excited to announce the launch of an insightful new webinar series designed specifically for the legal market. This series will feature some of the industry’s top experts, beginning with Amy Bell from Teal Compliance. The series aims to address real-life challenges faced by law firms, […]
Matthew Pennycook appointed as Housing Minister

Matthew Pennycook has been appointed a Minister of State in the Department for Levelling Up, Housing and Communities after Labour’s new cabinet was unveiled at the end of last week following their historic victory. His appointment was made after Deputy Prime Minister Angela Rayner was announced as the Secretary of State for Levelling Up, Housing […]
‘Housing stands at a pivotal issue’ industry’s post election commentary shows concerns for affordability

After Labour’s landslide win last week the industry have voiced concerns over ‘affordability’ as a key issue with the new government, alongside support for plans to bring back compulsory housebuilding targets. Legal industry figures say that housing is a ‘pivotal’ issue after the dust has settled on the party’s win, with bosses at ASK Partners […]
Pricing strategy and costing advice from legal sector experts to help SME law firms increase profitability

A recent LexisNexis survey found 76% of small law firms are still wedded to the billable hour pricing model – something echoed in LPM’s Frontiers Report, which found that SME law firms primarily use the billable hour model to price a case. With alternative models also widely used, most notably fixed fee by matter (57%), fixed fee by […]
Industry reacts to Labour’s win in General Election

The Labour Party has just won the July 2024 General Election, marking the end of 14 years of Conservative rule. This has been met with a wave of reactions from the industry, with many viewing it as a “fresh start” to rejuvenate the sector and get Britain building again. Recent national polls indicated that nearly […]
CLC tells practitioners to improve post-completion work as they outline 2024 risk agenda

The Council for Licensed Conveyancers (CLC) has outlined its growing concern that post completion work is not being done properly and promptly, and has been outlined as a new risk in their agenda. The organisation says in it’s 2024 risk agenda that conveyancers can fall into the trap of ignoring the need to finish off […]
Compare My Move enjoys a 22% increase in conveyancing leads this year to date

Compare My Move has seen a 22% increase in conveyancing enquiries this year to date compared to last year, according to our data. We’ve seen huge gains for our partners with most lead types benefitting from large boosts. With the housing market becoming more competitive, our conveyancing leads help business growth. Here are the increases […]
Post-election homebuying rush expected as insights suggests flurry of new homes to hit market

A frenzy of post-election homebuying has been predicted after data has revealed a significant increase in the number of new homes hitting the UK market. An information platform called Home Sale Pack has analysed data that reveals that there may be 22.9 % increase in the number of new homes for sale across Britain, compared […]
Labour are ‘Hot Property’: New national poll unveils that 48% of voters prioritising the housing market backed Labour

A new national poll has revealed that almost half of voters who feel the housing market is a priority backed Labour in the General Election. Research from UK Stamp Duty Advisers Cornerstone Tax has shown that 48 per cent of those polled say they are behind the Labour party and Cornerstone said the ‘Conservatives are […]
Online AI chatbot solves 60 per cent of broker enquiries ‘without the need for human intervention’

A UK mortgage lending company have revealed that an online AI chatbot has solved 60 per cent of their broker enquiries, without the need for human interaction. MPowered Mortgages, a mortgage lender based in Guildford, have said the AI chatbot, which they call their ‘Criteria Genius’ that speaks like a person, was developed by MPowered’s […]
Mixed view of commercial property outlook after first quarter and the sector’s imminent future

A mixed outlook of the commercial property sector has been presented after analysis of the first quarter, with optimism on the supply of property and increase in demand forecast for the sector’s immediate future. NAEA Propertymark commercial members were asked to provide their views on supply and demand levels within the sector over the next […]
The Diary of A High Street Conveyancer: 8th July 2024

For as long as I can remember (and that is a long time!), it has been standard to charge less on the sale of a property. But why? Even now a review of other firms’ websites to see their costs, it is always cheaper on a sale than a purchase. I can only assume that […]