Rightmove reports busiest ever Boxing Day with 143% increase in listings
Rightmove has recorded the busiest ever Boxing Day for visits to its platform, with the five days after Christmas seeing a 67% increase in the number of enquiries sent to estate agents and a 143% increase in the number of properties listed for sale compared to the five days before Christmas Day. Visits to the […]
Law Society asks government to clarify rules regarding use of AI in legal sector
The Law Society of England Wales has asked the government to clarify how AI can be used in legal services while upholding professional standards and public trust. Writing in response to a call for evidence from the Department for Science, Innovation and Technology (DSIT) in relation to its proposed AI Growth Lab, The Law Society […]
Government must do more to standardise home buying technology, Thirdfort founders say
The founders of online client due diligence platform Thirdfort say the government needs to go further to ensure that technology that can revolutionise identity, AML and source of funds (SoF) verification in the home moving process. Olly Thornton-Berry and Jack Bidgood say the government “rightly identifies” the role technology can play, but that they would […]
Number of people taking out ultra-long mortgages triples in five years
Sales of mortgages with terms of more than 35 years have tripled in the last five years, topping 116,000 in 2024 and reaching over 93,000 in the first three quarters of 2025. An analysis of Financial Conduct Authority (FCA) data by Compare the Market found the popularity of the longer-term mortgages has steadily increased over […]
Fraud risk remains a constant in the property process
Beth Rudolf, director of delivery at The Conveyancing Association, examines the constant risks of fraud faced by conveyancers during the transaction process. I was shocked to hear on Radio 4 the other day that a US administration official reportedly said about 50% of North Korea’s foreign-currency income comes from cyber-attacks (especially crypto heists and […]