Move Reports announces addition of Neil Wood on the board
With 12 years in the property sector and in direct consultation with lawyers on their conveyancing due diligence needs, Move Reports have said that Neil understands the challenges modern conveyancers face and takes his position with immediate effect. His experience in delivering keynote presentations and webinars will build on the program of education that Move […]
Leasehold reform “years, not months away”
Reform of leasehold tenure is ‘years, not months away’ despite the passing of the Freehold and Leasehold Reform Act in the days before the end of the Conservative government earlier this year, delegates at this year’s Society of Licensed Conveyancers (SLC) conference were told by Alice Bradley, co-CEO of The Leasehold Advisory Service (LEASE). Bradley’s […]
Dual TA6 form approach extended
The Law Society of England and Wales have confirmed conveyancers and property lawyers can continue to use both the 4th and 5th edition of the TA6 Property Information protocol form beyond the current 15th January 2025 deadline. Following uproar at the introduction of the updated form, in June the Law Society confirmed the proposed mandatory […]
Monetary Policy Committee lowers bank rate to amid mixed inflation signals
The Bank of England’s Monetary Policy Committee (MPC) decided on to reduce the Bank Rate by 0.25 percentage points, bringing it to 5 per cent. Millions of homeowners and first time buyers were handed a major boost today when the Bank of England slashed another quarter point off interest rates. The decision, which was widely expected in […]
SRA’s Anti-Money Laundering Report 2023-24: Stronger enforcement amid high non-compliance
The Solicitors Regulation Authority (SRA) has released its 2023-24 Anti-Money Laundering (AML) Annual Report, which outlines the regulator’s focus on preventing financial crime in the legal sector. This year’s report reveals a rise in penalties and inspections, as well as increased scrutiny on law firms’ compliance with AML regulations. However, it also sheds light on […]
Equity Release Group say the market could ‘take years to recover despite renewed confidence and optimism’
Equity Release Group (ERG) have reported a significant uplift in their enquiries this year, announcing amplification of their lead volume by 102 per cent YoY in September and lending applications up 52 percent in comparison to the same period last year Recovering UK house prices earlier in the year certainly had a widespread effect on […]
More than a thousand more agents complete HMRC AML registration
Nearly 22,000 UK estate agency branches have registered with HMRC for money laundering supervision – an increase of around 1,500 branches in just over a year, according to new analysis from Thirdfort. Some 21,663 branches across the UK have registered with HMRC, the anti-money laundering supervisor for the estate agency sector, according to the latest […]
The Secret Diary of A High Street Conveyancer: Chat GPT answers why the conveyancing process takes so long
I have seen so much over the last few weeks, even months, as to why does it take so long to move house? I am sure that we all have our own thoughts as to the reasons but I decided that I would ask trusted AI to tell us all the reasons why So here […]
Property Patter: What does the Budget mean for property?
James Stewart and Lewis Currie from our Tax Team catch up with Emma Humphreys to digest the first Labour Government budget since 2010. In this episode, we will be looking into the implications the Budget will have on the world of property. What are the key tax changes for those with property investments? Is there any positive news for business tenants, particularly […]
What is Horizontal Digital Integration: And why is it relevant to conveyancers?
In the complex world of home buying and selling, where multiple stakeholders work together—from lenders to conveyancers, surveyors, and estate agents—a new digital transformation approach is emerging: Horizontal Digital Integration (HDI). Developed as a strategic methodology, HDI isn’t a single technology or platform. Instead, it serves as a framework for building a connected ecosystem where […]
