The Iran conflict has triggered the sharpest shock to the UK mortgage market since the 2022 mini-budget, the financial information company Moneyfacts has said, with rates soaring in the space of just one month. Mortgage
Movera and Steele Raymond are entering the new financial year in strong positions, with the trio of businesses celebrating growth, acquisitions and expansions this week. Home moving brand Movera reported a 33% year-on-year increase in
The Court of Appeal has ruled in favour of the Chartered Institute of Legal Executives (CILEX) in its appeal against Mazur v Charles Russell Speechlys, which limited the extent to which legal executives and paralegals
Law firms and practitioners have responded to the Court of Appeal’s decision to overturn the decision in Mazur v Charles Russell Speechlys, which limited the extent to which legal executives and paralegals can conduct litigation.
The latest indicators from HMRC and Nationwide paint a positive picture of the housing market, but experts warn the figures “set an ominous tone” as the Middle East conflict slows economic growth. Seasonally adjusted UK
The Court of Appeal has handed down judgment in CILEX & Ors v Mazur & Ors. Allowing the appeal, Sir Colin Birss, Chancellor of the High Court, said “it is hard to see why this
The Bank of England’s Money and Credit data for February shows an increase in net mortgage approvals for house purchases, up to 62,600 from 60,200 in January. Approvals for remortgaging also increased to 41,200 in
Zoopla’s March house price index shows a 13% drop in demand compared to this time last year, with “a clear trend” of a growing gap between buyer demand and sales agreed. Although the market remains
Law Society president Mark Evans is raising funds and awareness for mental health in the legal sector at the TCS London Marathon in April. Evans will run the marathon alongside solicitors Kayleigh Wilding and Matt
NatWest is now actively transacting on PEXA’s digital property transaction platform, with the move affecting fee-assisted remortgage customers of the FTSE-100 bank. Sale and purchase transactions will follow, PEXA said. The high street lender signed
The Ministry of Housing, Communities and Local Government is seeking views on its proposals for planning decisions and applications. In two consultations launched this week, MHCLG sets out its plans for the requirements for local
New government transparency rules will expose secret land deals, the Ministry of Housing, Communities and Local Government (MHCLG) has said, as it publishes guidance on contractual control agreements. The guidance, which is intended for conveyancers
The Legal Services Consumer Panel has shared its critical response to the Ministry of Justice’s review of the Legal Services Board, claiming its “fragmented and outdated regulatory design” make it impossible to meet its statutory
The housing market has built on a steady start to the year in February and conditions are gradually improving, according to the latest house price index from Halifax. Although affordability remains a challenge for many,
The February house price index from Nationwide reinforces the view of a modest recovery following a dip at the end of last year, the building society has reported. The number of mortgages approved for house
