Following consultation on the future of post six-year run-off cover, the Solicitors Regulation Authority (SRA) has announced that it will seek a further 12-month extension to the Solicitors Indemnity Fund (SIF) – to September 2023
The latest research by the new-build sales optimisation platform, Unlatch, has revealed that the impact of the Help to Buy scheme within the new-build sector has been in slow decline, despite Help to Buy transactions
Home moving platform, Stipendium, has revealed that the average cost of a mortgage deposit on a first home has climbed by 54% in the last decade, pushing homeownership further out of reach for the nation’s
It will now be a requirement to include UPRNs in the new BASPI form. On 31st March 2022, trade and representative bodies representing the legal, surveying, estate agency and property management sectors launched a new
RICS moves forward with Valuation Review implementation as views sought on UK Red Book changes. Senior chartered surveyor, Richard Waterhouse FRICS, has been appointed to chair an expert sub-committee that will oversee implementation of the
Halifax has published its latest House Price Index for March. The index shows that house prices increased by 1.4% in March, the largest monthly increase in six months, climbing by 11% month-to-date. Average house prices
Requests for personal information can now be made through a new digital service. A new digital service allowing individuals to request personal information is now available which aims to improve the user experience for subject
The CLC has made changes to the way that fees are collected following a full consultation over the summer of 2021 and approval of the proposals by the Legal Services Board. As a result of
Housing association tenants of long leasehold flats and the service charges they pay are to be included for the first time under a revised service charge residential management code. This, alongside other proposed changes are
HMLR has announced that it will be moving all application types to the Digital Registration Service this year, including leases and transfers of part, months earlier than originally planned. In November 2022, HMLR announced that
Nationwide’s February House Price Index (HPI) reveals that annual UK house price growth was up by 1.7% month-on-month, increasing to 12.6% in February, from 11.2% in January. The index also reveals that average house prices
Today’s Conveyancer in partnership with Women in Residential Property is delighted to offer our readers an exclusive 20% discount on tickets for the next WIRP lunch which will take place in London on 21st April
Nearly two-fifths of UK homebuyers (38%) have experienced a property purchase fall through due to mortgage delays, new research by Butterfield Mortgages Limited has found. Following an independent survey of 690 UK mortgage customers, it
The latest Homebuyer Hotspots Demand Index by the estate agent comparison site, GetAgent, has found that homebuyer demand fell during the first quarter of the year, following the final curtain for the stamp duty holiday
The Equity Release Council has announced that the option for borrowers to make penalty-free partial repayments, will become a fifth “standard feature” for all equity release providers, with immediate effect. Introduced on Wednesday 28th March, the
Legal and professional services firm Knights has completed acquisition of Langleys Solicitors of York and Lincoln, in a deal worth £11.5 million. As one of the most well-known and substantial legal practices in York, Knights says the
February’s HMRC monthly transaction data shows that while the number of residential transactions are down on the previous year, levels are still well above average activity. Provisional non-seasonally adjusted property sales were 96,250 in February, 20.6% lower
The latest house price data published by HM Land Registry (HMLR) for January 2022 shows that average house prices in the UK increased by 9.6% in the year to January 2022, down from 10% in December 2021.
Property purchasing specialist, HBB Solutions, has revealed that the vast majority of UK homebuyers want to see the practice of gazumping made illegal, as one in 10 fell foul of the backhanded practice during their
Latest tax data released by HMRC reveals that stamp duty continued to perform strongly with receipts of £16.9bn in the year to February. This is a significant £6.1bn higher than in the same period last
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