Second month-end outage leaves conveyancers querying digitisation
A further banking outage on the final day of the month has left the home moving sector enraged as conveyancers faced an uphill battle to get transactions complete. This latest event lays bare the challenges of digitising the home moving process and what safeguards are in place to protect home movers and professionals. Reports of […]
Momentum building for 1.15m transactions in 2025
Property momentum is building to deliver c.1.15m property transactions with both Rightmove and Zoopla predicting a 5% uplift on volumes over the course of 2025. Zoopla’s latest House Price Index indicates double digit growth across key measures of demand and supply alongside a strong start to 2025 according to HMRC’s latest transaction stats. HMRC’s latest […]
Planning reform to deliver homes three times faster
Reforms to the planning system could see house building delivered three times faster as the Labour government continue to tackle its manifesto pledge to build 1.5m in this Parliament. In a Ministerial Statement, Housing Minister Matthew Pennycook said one of the key elements of the reforms would be to improve the transparency and efficiency of […]
Right to manage changes effective from Monday 3rd March
Secondary legislation to the Leasehold and Freehold Reform Act 2024 comes into effect from Monday 3rd March enabling leaseholders within a mixed-use scheme to qualify for the Right to Manage (RTM) when the commercial element of a building is as much as 50%. Leaseholders will no longer be required to cover the freeholder’s legal fees […]
HMLR to introduce enhanced submission verification to reduce requisitions
HM Land Registry say an enhanced checking service will be available to all customers submitting applications through the Business Gateway-enabled software that will stop unnecessary requisitions by preventing ‘simple administrative errors’ from being submitted. Verification of data like ensuring the Charge date is in the present and not a date in the future, omissions of […]
Revealed – How long do property transactions take?
The average time from conveyancers being instructed to completion for purchase transactions was 120 days in 2024, against 123 days in 2023; and for sale transactions that lengthened to 160 days in 2024, up slightly from 2023 (159). For sale transactions this represents an increase of 88% against 2007 timescales; and 60% up on 2007 […]
Diary of a High Street Conveyancer – The last thing we need on a Friday!
What a week! so much seemed to happen in such a short space of time, culminating with another outage at a Bank on the last Friday and the last day of a very busy month. A friend in a local firm called me to ask me if I was having difficulty logging onto the banking […]
A first foray into conveyancing for First4Lawyers
The Today’s Conveyancer podcast welcomes Group Chief Commercial Officer at First4Lawyers, Nick Delaney, to discuss their first foray in conveyancing services. The Group, best known for its FCA-regulated claims management company and SRA-regulated volume Road Traffic Accident work, has been going for 16 years and has launched F4LPlus; a comparison and lead generation service for […]
