The latest data compiled by Yomdel, has revealed that the mini-boom in the property market has started to cool.

The latest data compiled by Yomdel, has revealed that the mini-boom in the property market has started to cool. New enquiries from home movers dipped in the past week as new enquiries to estate agents

National Paralegal Awards 2020 Ceremony Goes Virtual

The Professional Paralegal Register (PPR) is counting down to the National Paralegal Awards taking place on Friday 18 September. The PPR normally welcomes over 270 guests at a venue in central London in March for

Mortgage Fraud Allowed To Prevail On Conveyancer's Watch

Stephen Michael Oakley, was convicted of multiple money laundering offences in 2018, and hasn’t practised in the profession since 2011. He has now agreed that he should be struck off the solicitor roll after allowing

X-Press Joins UK Finance Association

Leading property search provider, X-Press Legal Services has announced its membership of UK Finance, the collective voice for the banking and finance industry, as it extends its suite of digital innovation. UK Finance is the

Conveyancers Are Line Of Defence Against Fraudsters

The coronavirus pandemic hasn’t hampered the work of criminals who have used the virus as an excuse to adapt their methods and step up their activity, as they attempt to defraud people out of their

Details Emerge For Non-Resident Stamp Duty

Draft legislation has been published by the government outlining the details of the 2% stamp duty surcharge on residential property being bought by people who aren’t residents in the UK. From April 1 2021, the

Land Registry Update Practice Guide 19

HM Land Registry (HMLR) have updated the Practice Guide 19, after amending section 3.1.5 – Notices, restrictions and protection of third party interests (PG19) clarifying the use of a ‘wet signature’. The update specifies that

Time Is Running Out To Begin Property Transactions

The end of the stamp duty land tax (SDLT) holiday at the end of March 2021 seems such a long way away at the moment. Even with the mini housing boom that we’re experiencing at

Today’s Conveyancer last week reported on government plans for an electronic verification system which would remove the need to provide original official documentation to prove identity. Responding to Digital Identity: Call for Evidence Response, Chair

The CMA Calls For Evidence As It Begins To Revisit Review

In 2016, the Competition Market Authority (CMA) carried out a review on the supply of legal services in England and Wales. After the review, the CMA outlined some recommendations and now it is taking some

Law Society Excellence Awards Shortlist Announced

The Law Society Excellence Awards shortlist has now been announced with the event being held virtually next month. The Law Society’s website states: “The Excellence Awards entries we have received in what has been a

Feel Good Friday: Sort Legal Continue To Grow

There have been lots of positive things happening across the sector this week, so we wanted to share these good vibes with you as part of our ‘Feel Good Friday’ news items. Here is a

IUA Write Open Letter To Industry About PII

The International Underwriting Association of London (IUA), the trade body with the responsibility for underwriting professional indemnity insurance (PII) have written an open letter of the industry warning them about their PII renewals. In the

Clients Encouraged To Shop Around For Legal Services

The Legal Services Board (LSB), recently published its Prices of Individual Consumer Legal Services in England and Wales 2020: Wave 3 of a survey of prices for commonly used legal services report, in which it

SRA Reduce All Compensation Fund Contributions For 2019/20

Last week the Solicitor’s Regulation Authority (SRA) issued their cyber crime thematic review, and reminded law firms that now more than ever was a time to remain cyber secure. The review focuses on 40 separate

Blockchain Report: Lawyers Given Regulation Guidance

A report released by the Tech London Advocates’ (TLA) Blockchain Legal and Regulatory Group in conjunction with the Law Society of England and Wales provides lawyers with regulatory guidance around distributed ledger technology (DLT) and

Mortgage Brokers See 222% Increase Thanks To SDLT Cut

Mortgage brokers have had a busy couple of months as they’re enjoying an increase in mortgage searches thanks to the stamp duty land tax (SDLT) cut, which is boosting the property market. According to information

ALEP Welcomes CMA’s Investigation Into Mis-Selling Of Leasehold

The Association of Leasehold Enfranchisement Practitioners (ALEP) has welcomes the CMA’s enforcement action against four of the UK’s house builders over their mis-selling of leasehold properties. As well as mis-selling of properties, the Competition and

An Insight Into Life At Keebles LLP During Covid-19

Adapting to the ‘new normal’ has been difficult and it has been a time where companies and individuals have acted quickly to ensure businesses can carry on as much as possible, even in these unprecedented

PM Property Lawyers Develop Pioneering ‘ePIF’ To Fast Track Property Sales

In a bid to embrace an information upfront sales process, PMPL have exclusively developed the digital ‘ePIF’ to significantly reduce enquiries from a prospective buyer’s conveyancer. Following detailed research and profiling PM Property Lawyers have

Bank Of Mum And Dad Still Vital To Housing Market

New research from Legal and General in conjunction with business consultancy Cebr, have shown that 23% of housing transactions are backed by Bank of Mum and Dad (BoMaD). 24% of borrowers are now more reliant

Today’s Training is hosting a short online training session on 8 October at 10am with best-selling author Vanessa Ugatti, discussing how you can generate more revenue whilst having more time to feel confident whilst you’re

The Law Society National Property Law Conference

The Law Society’s National Property Law Conference will be hosted virtually as a webinar series on 6 – 8 October 2020. Over three days we will be joined by industry experts including Nationwide, Moore NI

HMLR Search Results Won't Include Adjoining Land Entries

The HM Land Registry’s Local Land Charges (LLC) service has stopped including information on charges that affect land adjoining that of the search area. The change came into effect on 20 August 2020 and is

The CMA is launching enforcement action involving 4 leading housing developers it believes may have broken consumer protection law in relation to leasehold homes. As part of its ongoing investigation which officially started last summer,

Scammers Utilising EWS1 Forms

Criminals are duping leaseholders in multiple apartment buildings across the country into paying them thousands of pounds by faking External Wall Fire Reviews (EWS1) forms. The cladding used in apartment buildings is a troublesome subject

SDLT Holiday Sees Homes Selling In A Week At 10 Year High

Recent analysis conducted by Rightmove has shows that the number of homes selling within a week of coming to the market is 125% up compared to the same period last year, and is the highest

LSSA Announcces Latest Provider

The LSSA (Legal Software Suppliers Association) has announced that DigitalMove is the latest legal technology provider to join the association. As the UK industry body for legal systems developers and vendors, the LSSA maintains technology

Technology Is Slowly Transforming Conveyancing Sector

One of the lasting positive consequences of the Coronavirus pandemic, has seemingly been the legal sector’s ability to adapt and embrace technology a little more than perhaps it would have in normal circumstances. In a

Smarter Working: How Do You Re-Mobilise Your Teams?

As lockdown restrictions ease, businesses will need to prepare for the reinstatement of effective and manageable working practices, where employees feel they can be effective, connected and motivated. In his second article for Today’s Conveyancer,

Tailored Plans Needed To Help With Mortgage Holidays

The Financial Conduct Authority (FCA) have called on banks to continue supporting home owners with mortgage holidays until 31 October 2020, then come up with a tailored plan to get them back on track Home

Barratt Annual Results Are Strong

Barratt’s, the housing developer, have released their annual financial results, in the year ending 30 June 2020, demonstrating that they are in a strong position heading out of the coronavirus pandemic. The organisation has seen

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