Breaking news: CILEX reacts to Mazur appeal win
The Court of Appeal has handed down judgment in CILEX & Ors v Mazur & Ors. Allowing the appeal, Sir Colin Birss, Chancellor of the High Court, said “it is hard to see why this litigation went on as long as it did”. Following the ruling, CILEX chief executive Jennifer Coupland said: “This is the most […]
Mixed messages from property experts as geopolitical tensions cast a shadow over increase in BoE mortgage approvals
The Bank of England’s Money and Credit data for February shows an increase in net mortgage approvals for house purchases, up to 62,600 from 60,200 in January. Approvals for remortgaging also increased to 41,200 in February, from 38,500 in January. Net borrowing of mortgage debt by individuals increased to £4.8 billion in February, from £4.2 […]
‘Market conditions are shifting’ as demand falls 13%
Zoopla’s March house price index shows a 13% drop in demand compared to this time last year, with “a clear trend” of a growing gap between buyer demand and sales agreed. Although the market remains active, it is increasingly dependent on a smaller group of committed buyers, Zoopla said. “We’re seeing a growing divergence between […]
Future Homes and Buildings Standards advocate for cleaner, more efficient home heating
Updates to the Building Regulations as part of the Future Homes and Buildings Standards have come into effect, in an effort to reduce reliance on fossil fuels for home heating by improving energy efficiency standards for new homes, which should also help reduce energy bills. In a circular letter published by the Ministry of Housing, […]
New panel management platform aims to bring lenders and conveyancers closer
A South African technology business says it has launched a new panel management platform that will “simplify the onboarding process for conveyancers and improve panel management and oversight for lenders”. In the company’s native South Africa, e4 Strategic built a platform that connects all major stakeholders involved in a property transaction including mortgage lenders, conveyancing […]
Move Reports joins Conveyancing Association as affiliate member
Independent search company and new homes search specialist Move Reports has joined the Conveyancing Association (CA) as an affiliate member. As an affiliate member, the company – which supplies conveyancing searches and property information for solicitors, conveyancers, estate agents and property developers – will be able to participate in member meetings, CA events and online […]
Law Society president Mark Evans to lead LawCare’s London marathon team
Law Society president Mark Evans is raising funds and awareness for mental health in the legal sector at the TCS London Marathon in April. Evans will run the marathon alongside solicitors Kayleigh Wilding and Matt Ottley, all of whom are taking on the task to highlight the pressures many people working in law face and […]
Transforming local land charges migrations with AI
The development of an AI (artificial intelligence) tool by HM Land Registry’s Local Land Charges Programme is dramatically accelerating and enhancing the migration of local authority local land charges records. HMLR lead data scientist Ibad Kureshi explains how. Local authorities across England and Wales hold millions of local land charges records in electronic, paper and […]