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Irwin Mitchell has announced it will combine with Scotland-based law firm Wright, Johnston & Mackenzie in an effort to strengthen its presence north of the border. The two firms working in collaboration will provide a
The government and the opposition should look to reintroduce Help to Buy in a bid to win votes ahead of the 2024 General Election, one law firm has stressed. Currently, conveyancers across the UK are
Chancellor Jeremy Hunt has been warned that the ongoing building safety crisis could leave the government with a “multi-billion pound bill” to rescue as many as 1.7 million financial victims. Campaigners from buildingsafetyscheme.org stress that,
Interest rates may have reached their peak following 14 successive increases from the Bank of England, its governor Andrew Bailey has suggested. Bailey told MPs on the Treasury committee that interest rates were already in
Angela Rayner has been appointed as the shadow levelling up secretary as part of Labour Leader Sir Keir Starmer’s shadow cabinet reshuffle. Rayner, who is also the party’s deputy leader, will go head-to-head on policy
The Financial Conduct Authority (FCA) is set to review the treatment of domestic Politically Exposed Persons (PEPs) by financial services firms. The regulator will carefully examine firms’ arrangements for dealing with PEPs based in the
A staggering £38.9 billion of UK property is held by offshore companies not subject to domestic tax laws, a new study has found. This translates to some 80,460 homes in total. The British Virgin Islands
Digital property logbooks have been made compulsory in France in a move that has led to suggestions that the UK may now be “falling behind other European countries” in this regard. The move comes six
SRA regulation of CILEX lawyers risks confusing consumers when trying to choose the right legal services, the Law Society of England and Wales has said. This comes in response to the Solicitors Regulation Authority (SRA)
New research has highlighted the swing in buying power away from those backed by a mortgage in the current environment of rising interest rates. Analysis from Octane Capital revealed that, while it is normal for
Thousands of landlords across Britain are selling their properties before tenancy agreements have concluded, causing uncertainty and potential eviction for tenants who remain in situ, a new study has suggested. House Buyer Bureau’s findings revealed
HM Land Registry (HMLR) has been pulled up by the national press for the impact of its processing delays on homeowners. Sunday paper The Observer, sister of The Guardian, published a story on application delays,
The number of UK housing transactions completing over 2023 is forecast to be over a fifth lower than 2022 and will represent the lowest figure since 2012. This comes according to Zoopla, who say the
Around 50,000 people have signed a petition calling for all leaseholders to be protected against building safety defects via an amendment to the Levelling Up and Regeneration Bill. The Earl of Lytton’s amendment – which
The number of mortgage approvals fell by nearly 10% in July marking the lowest figure since the start of this year, new Bank of England data has revealed. Specifically, net mortgage approvals decreased from 54,600
Financial gifts from family members are now supporting a third of property transactions, new research from Legal & General has found. This is expected to total some 318,400 transactions by the end of 2023, a
Salaries for lawyers who moved firms last year increased by three times as much as those for lawyers who stayed loyal to their firms, according to new research by legal recruitment consultancy Realm Recruit. As
Key estate agency and property services group Spicerhaart has announced new leadership after its owner and current CEO Paul Smith stepped down. Taking over the helm as joint CEOs in Smith’s stead will be national
A “pricing war” may break out between mortgage lenders over the coming months as they try to win business, it has been suggested. This comes as mortgage rates have already began to slip in previous
Key leaders and influencers from across the property sector are set to discuss the changes needed within the property sector with HM Land Registry (HMLR) Chief Mike Harlow in a new podcast series. The new
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