BoE interest rate hold ‘is cause for optimism’
The Bank of England’s Monetary Policy Committee (MPC) has voted by a majority of 8–1 to maintain Bank Rate at 3.75%. The hold has been welcomed as a sign of stability by some, with Jason Tebb, president of online property portal OnTheMarket, calling it a cause for optimism among borrowers. “As well as this, many […]
CLC seeks views on proposed rule changes
The Council for Licensed Conveyancers (CLC) is seeking views on proposed changes to the rules governing how disciplinary proceedings involving regulated practices and individuals are dealt with by its independent adjudication panel. Member feedback is encouraged on changes to the procedural rules that govern matters under the panel’s consideration, which the CLC says will enhance […]
Conveyancing teams welcome new members and celebrate strong profits
Conveyancing teams in firms across the country are welcoming new members and celebrating strong growth. A combination of acquisitions and strong organic growth across Staffordshire and Shropshire have helped Midlands-based law firm Talbots Law increase revenues by £11 million. The firm, which operates nationally from its 19 offices across the Black Country, Birmingham, Cheshire, Coventry, […]
Why tmGroup is backing the National Property Transaction Network
As digital transformation begins to pick up pace, with high street lenders Lloyds Banking Group and NatWest both announcing digital transaction milestones in recent weeks, property technology provider tmGroup explains why it’s getting behind an industry initiative to standardise data. The announcement last week that Lloyds Banking Group, Connells Group and LMS have launched […]