Industry reacts to arrival of Ground Rent Act

Following the arrival of the Leasehold Reform (Ground Rent) Act which came into force last week, Today’s Conveyancer has rounded-up the reactions of professionals across the industry. The Leasehold Reform (Ground Rent) Act came into

The Solicitors Regulation Authority (SRA) will be given new powers to fine rule-breakers up to £25,000, under measures introduced last week. The changes mean the SRA can now fine law firms and individual solicitors for

One of the top conveyancing practices in the UK, Simply Conveyancing, hires Sue Bence as their new Chief Legal Officer. Simply Conveyancing, the high quality, national property conveyancing firm, has hired Sue Bence as their

#LegalPride2022: lawyers unite to celebrate 50 years of Pride

The legal professions of England and Wales – solicitors, barristers and CILEX lawyers – will unite to commemorate 50 years since the first Pride took place in the UK. The Law Society of England and

Government commits to further leasehold reform “within this Parliament” 

The Association of Leasehold Enfranchisement Practitioners (ALEP) has received an update from Government on its intended programme of leasehold enfranchisement reform, which makes a commitment to further reforms “within this Parliament”.  In a letter dated

LexisNexis Enterprise Solutions and Coadjute join forces

Key partnership formed as rollout of national network for the UK property market continues to accelerate. Coadjute, the blockchain network for the property market that is transforming the ease and speed of home purchasing, has

Up to 70% of property firms surveyed for an anti-money laundering campaign have not changed their approach to onboarding new customers since sanctions were imposed on Russia after its invasion of Ukraine. The disturbing statistic

The Law Society of England and Wales has appointed Ian Jeffery as chief executive who will take up his position in September. Interim chief executive Gerry Walsh will remain in post until then. Ian Jeffery joined

Over 100,000 transactions completed using digitised register for local land charges

Over 100,000 property transactions have now completed using digitised register for local land charges as Northern regions set the pace. More than 100,000 property transactions have now benefitted from access to digitised digested local land

UK HPI: April figures reveal 12.4% annual increase

The latest UK House Price Index for April 2022 has been published. April data shows  on average that house prices have increased by 1.1% since March 2022 and there has been an annual price increase of 12.4%,

New Homes England 2021-22 housebuilding statistics revealed

Newly released data shows that housing programmes delivered by Homes England resulted in 38,436 new houses starting on-site and 37,164 houses completed between 1 April 2021 and 31 March 2022, as the sector began to

Work carried out by London firm Blacklion Law LLP on a fixed fee transaction that was eventually aborted has been ordered by the High Court to be paid. In the ruling of the High Court

Research by YourBusinessNumber has revealed that one in three property professionals have taken time off work due to fatigue caused by the pandemic property market boom, as a heavy workload and a lack of boundaries

society

The Society of Licensed Conveyancers (SLC) has welcomed changes to the arrangements for insurers for the provision of Professional Indemnity Insurance (PII) for the Licensed Conveyancer profession. From 2023, firms regulated by the Council for

First "Help to Build" mortgage launched

The government’s long-awaited Help to Build Equity Loan Scheme becomes a reality with the launch of the first ever Help to Build Mortgage. Created by BuildLoan in partnership with Darlington Building Society and Homes England,

FCA: lenders should support consumers through cost of living crisis

The Financial Conduct Authority (FCA) is today writing to more than 3,500 lenders to remind them of the standards they should meet as consumers across the country are affected by the rising cost of living. With household

Mortgage technology provider Twenty7Tec has announced the acquisition of Bluecoat Software in a move set to revolutionise both the wealth and mortgage technology markets.  The acquisition of Bluecoat Software by Twenty7Tec Group will see the

CLC

The number of women and people of colour in senior roles within conveyancing is still “unsatisfactory”, according to The Council for Licensed Conveyancers (CLC). Despite the many initiatives aimed at lowering barriers to entry and

Equity release expected to reach £5.6bn this year

Market analysis by mortgage broker, Henry Dannell, has revealed that UK homeowners have already released equity to the tune of £1.4bn so far in 2022, with this figure estimated to hit almost £5.6bn by the

Compliance Officer at The Guild of Property Professionals, Paul Offley, recently spoke to James Munro, Head of the National Trading Standards Estate and Letting Agency Team (NTSELAT), about the recent changes regarding the disclosure of

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