MyIdentity selects Armalytix’s Open Banking technology to create proof of wealth solution for the property market Armalytix, the Open Banking technology platform which streamlines the collection of data for the professional and financial services industries, has been selected to be an attribute provider for the government-backed MyIdentity scheme to help create a digital record of […]Read More
A report from the Department for Levelling Up, Housing & Communities (DLUHC) has found that the cost of remediating unsafe cladding in mid-rise buildings could reach up to £5.3 billion. There are between 74,000 – 82,000 mid-rise residential buildings in England. It is estimated that between 6,220 and 8,890 of the buildings require remediation, partial […]Read More
UK lawyers’ pro bono legal support for people affected by crises such as those in Afghanistan and Ukraine has been praised by Pro Bono Week’s organisers. The importance of effective coordination of such a crisis response is one of six key focus areas for this year’s event, which is from 7th-11th November 2022. “The profession […]Read More
New data from OnTheMarket has suggested that properties on the market may be beginning to take longer to sell. 63% of properties were listed as sold subject to contract (SSTC) within 30 days of appearing for sale on the portal in April. Indeed, this is up from 54% a year ago. The figure is, however, […]Read More
New plans being drawn up by Michael Gove, secretary of state for Levelling Up, Housing and Communities, could see first-time buyers take out insurance against default to allow them to secure a mortgage. The plans would see those with a smaller deposit be able to secure a mortgage with a lower rate, thus making homeownership […]Read More
New research has revealed that 54% of all available land plots listed for sale across England have already been snapped up by developers. Analysis was conducted by HBB Solutions on current land plot stock listed for sale and what percentage had already gone under offer or sold subject to contract. The research shows that, nationally, […]Read More
Following the Queen’s Speech earlier this week, Parliament is set to schedule digital identity legislation into the next session as part of a data reform bill. This will ensure that digital identities, however they evolve, will be trusted and secure. The property industry and Government recognise that identity proofing is often a frustrating part of the […]Read More
HM Land Registry (HMLR) has conceded that unique property reference numbers (UPRNs) cannot be used as a “unique identifier” for addresses due to the complexity involved with titles and addresses. Speaking at the recent GeoPlace conference, Andrew Trigg, HMLR’s interim director of digital, data and technology, said they use UPRNs in their data as much […]Read More
The conveyancer’s view, 13th May 2022 In a period that has seen the “black hole of conveyancing” dominate the discourse, it seems fitting that astronomers this week photographed the black hole at the centre of our galaxy for the first time ever. Recent weeks saw countless LinkedIn posts, articles and forum posts recount drowning in […]Read More
A free guide has been launched to help lawyers improve their reputation for client care, build more valuable relationships with clients, reduce client churn and maximise profits. The guide, developed by Moneypenny, includes include practical tips to improve empathy in legal practice and ensure employees’ use of language hits the mark. It also addresses the […]Read More
New plans being drawn up by the government as part of the Levelling Up and Regeneration Bill could see neighbours be given a vote on whether planning permission is granted for developments on their street. Locals would be given the right to allow building developments on their street within certain design rules. Such developments would […]Read More
New research has revealed that new-build home sales have declined by 46% in the past year and, perhaps more strikingly, 39% in the past decade. In 2020, there were 76,764 new-build sales in Britain, while in 2021, there were just 41,634, according to Warwick Estates. This 46% drop is significant but is likely a result […]Read More
The Law Society of England and Wales responded to the Queen’s Speech which took place on Tuesday, announcing a range of new bills and reforms. Law Society president I. Stephanie Boyce has commented on the announcements made in the speech, as well as any issues that may arise as a result of the speech’s omissions. […]Read More
As the understanding of what embodies the modern-day workplace improves, mental health continues to be a crucial factor for all employers to greatly consider. Entering Mental Health Awareness Week, this piece of research by Barnett Waddingham (BW) contributes to such an understanding, observing the irrevocable impact of the pandemic on both the individual and business. […]Read More
Michael Gove, Secretary of State for the Department of Levelling Up, Housing and Communities, has suggested that the issue of homeownership hurt the Conservatives in last week’s local elections. The elections saw the Conservatives lose 487 seats and 12 councils, while Labour gained five and the Liberal Democrats gained three. Labour (74) now control over […]Read More
Property recruitment firm deverellsmith has launched an “employee toolkit” with the aim of protecting the mental wellbeing year-round of employees within the industry. The toolkit contains five tips to combat loneliness in the working from home era, as well as a “positive vibes playlist” and some useful contacts for mental wellbeing. Download a copy of the […]Read More
Legal and professional services group Gateley has acquired multi-disciplinary chartered surveying practice Smithers Purslow to expand its Property Platform business. The deal, worth £20m, is Gateley’s largest acquisition to date. Within Gateley’s Property Platform, a team of professionals advise on construction, planning, residential development, real estate finance, disputes, and investment matters. Smithers Purslow’s experience will […]Read More
The Solicitors Regulation Authority (SRA) has launched a public consultation on its 2022-23 Business Plan and budget, including details of the work it plans to focus on in the coming year, continuing its commitment to accountability and transparency. Covering the third and final year of the SRA’s current Corporate Strategy, the plan sets out the […]Read More
The new sanctions on Russia announced by Foreign Secretary Liz Truss on 4th May do not cover the legal sector’s exportation of services to Russia. The new sanctions aim to “cut off Russia’s access to the UK’s management consulting, accounting and PR services”. Truss said: “Doing business with Putin’s regime is morally bankrupt and helps […]Read More
LawCare and the Law Society of England and Wales have joined forces to call for a change of culture in the profession, as they mark the start of Mental Health Awareness Week. LawCare’s 2021 Life in the Law report examined the culture and working practices in law and the impact of these on legal professionals’ […]Read More
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