Land Data awarded Government grant to build next generation of the National Land Information Service
The Department of Science, Innovation and Technology (DSIT) has awarded Community Interest Company Land Data, the National Land Information Service (NLIS) regulator, grant funding to develop the next generation of NLIS, an independent, regulatory platform for Official land and property data. The UK Government’s Regulatory Innovation Office (RIO) funds regulators and local authorities to trial […]
Law firms must maintain vigilance on AML compliance despite regulatory shake-up, says Lawtech
Lawtech Software, the company behind the Verify 365 AML and onboarding solution, has responded to the government’s announcement that the Financial Conduct Authority will take over anti-money laundering supervision from the SRA, emphasising that law firms must continue to treat fraud and money laundering prevention with the utmost seriousness. The change, announced by Chancellor Rachel […]
Graeme Winser appointed as a Non-Executive Director of e4 Strategic
Digital solutions provider e4 Strategic, the company which recently launched VERSA, a new digital workflow platform to the UK market, has appointed Graeme Winser as a Non-Executive Director of the company right at the outset of its UK journey. Well known across the market, Graeme’s last permanent corporate role was at Nationwide Building Society, where […]
£2m government funding allocated for home buying and selling reform
Nearly £2m has been allocated to support innovation in the property market as conveyancing searches and data have been targeted by the government as areas where cutting through ‘out-dated red tape’ would enable innovators to ‘get new technologies out of the lab and into use sooner. ’ The funding has been awarded by the Regulators’ Pioneer […]
‘Keep calm and carry on’ – market reacts to inflation and ONS house price index
A ‘keep calm and carry on’ approach to business is needed despite inflation being nearly double the government’s target of 2%. Following the news inflation hit 3.8% in the last month the “housing market remains in a strong place, and more aspiring buyers than ever are realising that they can get on the ladder sooner” […]
PII trends and reducing risk: Insight from the Law Society Property Conference
Creating an open culture in which people feel able to highlight mistakes without fear of recrimination is one of the key ways firms can help to combat fraud and reduce risk, insurance industry experts have said. In a discussion during the Law Society Property Conference last week, Dan Blundell (senior vice president, Paragon), Claire Revell […]
Latest research shows FTBs largely uninformed of home buying process
Around one in eight first time buyers say they ‘fully understand’ the home buying process, while 29% said they felt ‘daunted’ by the legal process. Parents are the most trusted source of advice when purchasing a home, with more than a third (34%) of respondents saying they’d trust their mum and dad. That number increases to […]
Gilson Gray appoints Jeremy Davy as head of residential conveyancing
Full-service UK law firm Gilson Gray has appointed Jeremy Davy as partner and head of its residential conveyancing division for England and Wales. Based in Lincoln, Davy will oversee Gilson Gray’s residential conveyancing division, with a focus on expanding the team’s operations, enhancing efficiency through technology and AI, and growing its headcount in key locations. […]