Turning pricing confusion into clarity: Developing trust in conveyancing
The Residential Conveyancing Pricing & Attitudes Survey 2025, conducted by Big Yellow Penguin and Bold Legal Group, shone a light on some uncomfortable truths for the sector. The findings revealed a profession full of individual confidence but collective uncertainty. While 80% of conveyancers feel confident setting their own fees, only 23% believe the sector as […]
New ONS data shows homes still ‘generally unaffordable’ as locals increasingly priced out
The ONS has published its Housing Purchase Affordability analysis covering the UK in the financial year ending 2024, which shows slightly improved ratios of house prices to household incomes but a long-term trend of ‘homes generally being unaffordable’. The data also reveals that local people are being increasingly priced out of their home towns: out […]
Bank of England holds base rate at 4% – industry reacts, with some advice for conveyancers
Property industry experts have been united in their reaction to the Bank of England’s decision to hold the base rate at 4%, agreeing it was widely expected and offers stability to homeowners. Matt Smith, Rightmove’s mortgage expert: “A Base Rate hold today had looked fairly nailed on, especially after yesterday’s news that inflation remains stuck […]
Knights’ acquisition strategy delivers revenue of £162 million
Full year financial results from legal and professional services business Knights reveal revenue of £162 million for the year to 30 April 2025 – an increase of 8% since 2024. The group has completed a string of acquisitions across the UK in recent months, a strategy it credits for its ‘significantly increased scale in key […]
Annual fall in house prices ‘hit by rumoured property taxes’?
Rightmove’s latest House Price Index shows an annual fall of 0.1% in average new seller asking prices across the UK, which the company attributes to continued underperformance in London and the South East. Monthly, prices rose by an average 0.4%. While Rightmove says its real-time data shows no immediate reaction from movers to property tax […]
Using QES for eWitnessing to accelerate conveyancing transactions
HM Land Registry (HMLR) has for some time been at the forefront in the promotion of digital methods to speed up transactions and reduce the risk of fraud. The pandemic was a catalyst in finding ways to work remotely and ensure that the sale and purchase of property and the related updates to the Land […]