Beswicks Legal flags LISA consultation as conveyancing risk
Replacing the Lifetime ISA (LISA) with a new first-time buyer savings product could have significant implications for buyers and property professionals alike warns a Legal 500 firm. Beswicks Legal says the government consultation, which includes reviewing the £450,00 property price cap, is a conveyancing risk already affecting transactions on the ground. Sophie Ellis, conveyancing and property solicitor, Beswicks […]
Rightmove reveals Britain’s most expensive streets
New data from Rightmove reveals that all but one of Britain’s most expensive streets are in London, with East Road in Elmbridge, Surrey the only street outside the capital to make the top 20. Properties on Winnington Road in Barnet, which borders Hampstead Heath (pictured), have an average price tag of £12,538,095, retaining the street’s […]
Don’t rely on AI to identify invasive plants, knotweed specialist warns
Homeowners and property buyers are being warned not to rely on artificial intelligence tools to identify Japanese knotweed, as new analysis reveals that a popular AI tool failed to correctly identify the invasive plant in 7% of cases. In a test carried out by Environet, 100 images of Japanese knotweed taken at different times of […]
Confessions of a cyber conveyancer – ‘What should we be training our lawyers to do?’
As AI’s knowledge grows, and those operating it become increasingly confident in its accuracy, where does that leave conveyancers? While cyber conveyancer Peter Ambrose accepts the sector may be losing the monopoly on knowledge, he explains why AI can never replicate or replace the human touch. Check back on 10th April for the next instalment. […]