25% uplift on activity ahead of SDLT deadline – Rightmove
Rightmove say it estimates more than 550,000 homes are currently going through the completion process, an uplift of 25% compared with the same time in 2024; providing an indication of the current intensity of the market. Most of it’s other demand metrics are up as well compared with 2024; the number of new sellers is […]
meh! Conveyancers respond to modernisation announcement
Conveyancers have responded to the government’s modernisation of the home moving process with a degree of scepticism according to a poll run by Today’s Conveyancer. One in three (34%) said the government’s proposed ‘modernisation’ of the home buying and selling process was a positive move, with the remaining respondents describing it as a ‘negative’ move […]
Nationwide clarifies position on Part II amends
Following backlash from the conveyancing community, Nationwide have clarified its position regarding recent updates to Part II enquiries which have caused consternation amongst practitioners. In fact, said the building society, the changes to Part IIs was in response to the increasing number of referrals it receives from conveyancers around restrictive covenants and mortgage protection clauses. It […]
National Conveyancing Week 2025 Agenda Published – Register Today
The agenda for National Conveyancing Week 2025 has been published encouraging conveyancers and the wider property community to come together is recognising the vital work of the profession in the home moving process. National Conveyancing Week will take place from Monday 17th March to Friday 21st March. All the sessions are free to attend throughout […]
Mothballed – Lessons for the profession after £32.5m mansion ordered to be returned to previous owner
Have you heard the one about the £32.5 million London mansion which came with a rather sizeable moth infestation? You probably have now if you’ve been reading/watching the news recently. There’s no punchline as such unless you’re the previous owner of that mansion who recently lost a High Court claim against them when the new […]
New mortgage guarantee scheme and loosening of mortgage rules to ‘unlock homeownership’
The government has announced the introduction of a new mortgage guarantee scheme and has lent its support for the FCA’s proposed review of mortgage rules which could loosen rules around lending. Details on the launch of the new government-backed mortgage guarantee scheme will be outlined ‘in due course’ and is the fulfilment of a promise […]
Diary of a High Street Conveyancer – Expect the unexpected
Well, what a week! I have always been of the view that the life of a conveyancer can change within an hour and this week just illustrated how true that was. The news that Nationwide had changed their Part II requirements hit us on Tuesday afternoon, but it had all changed by Friday morning. And […]
Navigating Counterparty Sanctions: Tailored Compliance Solutions for Law Firms
As a law firm operating in England and Wales, compliance with the Solicitors Regulation Authority (SRA) guidance on the UK sanctions regime (updated in August 2024) will likely be an increasingly important part of your compliance framework. Under this guidance, the SRA stresses the importance of having key controls in place to mitigate sanctions risk. […]
