Data standards body unveils new search quality mark
The Conveyancing Information Executive (CIE), the search data standards body set up in 2020, has announced a revamp of it’s branding and the launch of a new quality mark members will display on search reports. The CIE was founded by Groundsure, Landmark Legal, SearchFlow and Geodesys, with the ambition to “raise data quality and content […]
Introducing the National Property Transaction Network
LMS has been working closely with Moverly, tmgroup (UK) ltd., Yoti, Connells Group, Peter Alan Ltd, Open Property Data Association and multiple law firms to test a few industry theories. Now, we aim to involve more organisations and affect as many chains as possible so that more customers, lenders, law firms, estate agencies, and intermediaries […]
Cyber security tools for conveyancers from the experts
For all its awfulness, it’s clear there is never a time when conveyancing firms, and their clients, aren’t – at the very least – being considered by fraudsters as a potential target, or actively being probed for areas of weakness, particularly from a cyber point of view. That will not be anything new to conveyancing […]
Thirdfort partners with ProConvey to simplify conveyancing onboarding
Client due diligence platform Thirdfort has partnered with UK-based legal technology startup ProConvey. Launched this week, the partnership integrates client onboarding and due diligence into a single workflow, making the onboarding process more efficient for conveyancers. The alliance enables conveyancing firms to focus on legal work by combining ID and Source of Funds verification with […]
Landmark update residential environmental reports
‘Remastered’ environmental reports will help with streamlining property transactions following feedback from clients and homebuyers say Landmark Information Group. The environmental search provider says it hopes the updated reports will help conveyancers with the pressures coming ahead of the the first time buyer stamp duty relief deadline in March 2025. The makeover, which covers reports […]
Collaborative Conveyancing showcases a commitment to compliance with LEQS accreditation
Legal Eye is pleased to announce that Collaborative Conveyancing has achieved the prestigious Legal Eye Quality Standard (LEQS) accreditation. Obtaining the standard, developed by Legal Eye, highlights Collaborative Conveyancing’s steadfast commitment to maintaining the highest standards of compliance and regulatory adherence in the conveyancing industry. Achieving LEQS has been a core priority for Collaborative Conveyancing […]
Practice Guide Update: Charitable incorporated organisations
Charitable incorporated organisations (PG14a) Page summary: Transactions involving charitable incorporated organisations, including their dissolution (practice guide 14A). Change made: The guide has been amended to reflect how applications should be made using our digital systems. Time updated: 6:00am, 18 November 2024
PEXA launch reported takeover bid for Dye & Durham
Australian press outlets have reported PEXA have launched a takeover bid for Canadian technology firm Dye & Durham. In January 2022, Dye & Durham announced its intention to acquire a 43% ownership stake in PEXA Group through its acquisition of Link Group; the acquisition was later referred to the Australian Competition and Consumer Commission (ACCC), the Australian equivalent of […]
“More haste, less speed” in submissions to avoid requisitions says SLC Chair
Conveyancers have their own roles to play in making conveyancing more efficient and professional and reducing simple errors which cost the profession millions of pounds each year. Society of Licensed Conveyancers (SLC) Chair Simon Law has published a statement supporting the Council for Licensed Conveyancers (CLC) findings in its latest Risk Agenda that post completion […]
Cost of moving down on 2023 but double 10 years ago
The cost of moving has fallen from its peak in 2023 but remains twice the cost of moving compared to ten years ago. And the issue is exacerbated in London and the South East where it costs nearly twice the national average. For the latest Cost of Moving Report 2024 from home moving comparison website […]
Major lenders refuse to lend on property with spray foam insulation
Major high street and specialist equity release lenders have said they will not lend of property which has spray foam insulation installed. An investigation by the BBC has revealed five of the top 20 lenders, TSB Bank, Skipton Building Society, Co-operative Bank, Principality and equity release lender Aviva, will not lend on properties where spray […]
Market busier than this time last year with more completions on the way – Rightmove
The number of sales being agreed is still 26% ahead of the quieter market at this time in 2023 with the number of new seller coming to market 6% ahead of the same period a year ago. The figures have been released by Rightmove in their latest House Price Index and show ‘some early signs […]
