Fall-throughs costing home movers as much as £2bn, OPDA says
Failed house moves could be costing the economy almost £2 billion every year, according to new research published by the Open Property Data Association (OPDA), with many collapses occurring after the offer has been accepted. According to OPDA’s research, 58% of home moves fall through after offer acceptance. Santander’s Fixing the Broken Chain calculated an […]
Over 1,000 chartered legal executives secure standalone litigation practice rights in the wake of Mazur
Over 1,000 CILEX lawyers have successfully obtained litigation practice rights, enabling them to carry out litigation without the need for supervision, in the wake of the Mazur judgment. CILEx Regulation (CRL), which oversees the education, qualification and practice standards of chartered legal executives, said 1094 professionals had obtained practice rights authorisations via the University of […]
Lenders to focus on completion times as a route to ‘improve margins and lower costs’
Lenders will turn their attention to lengthening completion times to improve margins and cut costs according to home buying and selling transformation consultants Novus Strategy, as mortgage data reveaed a record value of mortgage cancellations in the first quarter of 2026. A comparison of mortgage approvals and cancellations revealed 35,144 mortgage cancellations in Q1 2026; […]
The Open Property Coalition’s roadmap is right: Two things to do this quarter
Ed Molyneux has been arguing that AI in property has a data problem, not a capability problem. Now that CFIT’s Open Property Coalition Roadmap 2026 is published, he reminds us where to ‘skate’ – and offers two specific actions every practice should take this quarter. Canadian ice-hockey legend Wayne Gretzky’s most quoted line is: “You […]