IWG launches consultation on the electronic execution of documents

IWG launches consultation on the electronic execution of documents

The Industry Working Group (IWG) on the electronic execution of documents have launched their consultation which can be found here. If you wish to submit a response to this consultation, please send it (in Word

Greater cooperation between estate agents and conveyancers essential, says new report

According to “Working Better Together”, a new report by Coadjute, both professions see real opportunity from building greater respect, trust, and openness in the relationship. Based on a survey of nearly 500 UK property professionals,

Half of small businesses forced to increase prices to cope with rising costs

Almost half (49%) of all small business owners in the UK are set to increase their prices as they look to battle rising costs, a new report reveals. The SME Insights Report, released by Simply Business, one of

Equity release now supplementing pensions by 181%

New research from mortgage broker, Henry Dannell, has revealed how the average homeowner utilising equity release via Later Life mortgages is able to supplement their income by a fifth, while it can also bring about

Rightmove HPI: sellers increase by 13% as prices hit sixth consecutive record

The average price of property coming to market sees a sixth consecutive record this month, rising by 0.4% (+£1,354) to £369,968. Rightmove’s latest House Price Index reveals a continuing desire to move, with low numbers

The National Trading Standards Estate and Letting Agency Team (NTSELAT) has published new guidance to help agents ensure they are meeting their requirements under Part A of the process to improve material information in property

CLC Risk Agenda highlights key issues for conveyancers in 2022

Cyber-attacks, sanctions, cryptocurrency and anti-money laundering are among the new issues highlighted in the Council for Licensed Conveyancers’ (CLC) second annual Risk Agenda, published yesterday. The agenda brings together a list of the biggest risks

Conveyancing Association announces date

The Conveyancing Association (CA) – the leading trade body for the conveyancing industry – yesterday announced a number of results from its 2022 Lender Survey, used to identify where the industry can collaborate to improve

RICS: new buyer enquiries continue to fall

House prices continue to rise across the UK in June, according to the latest RICS Residential Market Survey, but the pace of growth is slowing amid fewer new buyer enquiries which is to impact sales.

HM Land Registry logo

New reports show that take-up amongst local authorities of the Land Registry digital home sales scheme has stalled as just one in seven have signed up to the land charges register, despite cash incentives. The

Final legal stages continue to delay property purchases

Data from property purchasing specialist, HBB Solutions, has revealed how the pandemic property market boom and the resulting market backlog is impacting the property transaction timeline, even for those utilising a quick sale method, with the

New research from Aviva has revealed the increasing importance of the role of property wealth in retirement planning. The research looked into levels of spending, saving and attitudes towards funding retirement in the over 45s.

Halifax HPI: fastest rate of increase since 2004

The latest Halifax House Price Index (HPI) has been released. Halifax’s June HPI reveals that house prices were up 13% in a year, to a record high of £294,845. This is the fastest rate of

Rightmove reports highest number of valuation requests since January

New data from the UK’s biggest property website Rightmove reveals signs of the stock shortage starting to ease slightly, as home-owners choose to take advantage of record asking prices and sell this summer. The number

The SRA is conducting a short survey on professional indemnity insurance (PII) premiums, which can be accessed here. Questions on subjects such as premium prices, changes over the years and opinions on the current state

First Time Buyer property values up £25k in a single year

Research by Stipendium, has revealed over the last year, the average price paid by the nation’s first-time buyers (FTB) has increased at the same level as those already on the property ladder, with the cost

Conveyancing slammed by finance and agency leaders

New reports suggesting that the conveyancing system is “broken” have surfaced across industry press this morning. Two articles published in Property Industry Eye and The Negotiator this morning have criticised the conveyancing process describing it

Property market cooling since the start of the pandemic

Research by specialist property lending experts, Octane Capital, suggests that despite the well documented pandemic property market boom, housing market activity has actually been on the slide since the first quarter of 2020, at least

Gove

Michael Gove, the Secretary of State for Levelling Up, Housing and Communities has published a letter to building owners and managing agents setting out their responsibilities under the Building Safety Act. Leaseholder protections under the

The latest Nationwide House Price Index (HPI) for June reveals that annual house price growth has slowed, but remains in double digits. Newly released Nationwide HPI figures show a modest slowing in annual UK house

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