The FCA has confirmed new measures to support leaseholders in the multi-occupancy buildings insurance market. From the new year, insurance firms will be forced to act in leaseholders’ best interests, treat leaseholders as customers when
The average cost to sell a home is now £5,413 and climbs to £11,500 in the capital, according to GetAgent. GetAgent.co.uk utilised its “My Property Tracker” tool to calculate the varying cost of selling a
Levels of fraud across the property sector remain “alarmingly high”, a leading association has warned. The National Association of Property Buyers (NAPB) say criminals are continuing to “prey” on the cost of living crisis. They
New research has revealed that activity is likely to pick up in the coming Autumn months. Over the past five years mortgage approvals across September, October and November have been 7% higher than the overall
A pensioner has won almost £10,000 in damages after a ‘monster’ Japanese Knotweed infestation ravaged his house. Richard Pember purchased the property in Hopkinstown, Pontypridd, eleven years ago but now worries it could be worth
Housing affordability is forcing many homeowners to depend on financial gifting from relatives – the Bank of Family – to step onto the ladder, according to new data from Legal & General and the Centre
The Conveyancing Association (CA) has unveiled the fifth edition of its Conveyancing Technical Protocol. The Technical Protocol, initially launched in 2013, is the result of CA members, panel management companies, and stakeholders working together to
The UK housing market is set to record more transactions than last year despite buyers being “hampered” by higher mortgage rates and a cost of living crisis. Estate agency eXp UK analysed how annual property
New analysis has revealed that even after adjusting for inflation, the average homebuyer is paying 39% more per month when repaying their mortgage versus five years ago. Octane Capital analysed the current monthly cost of
New research has found that London is home to the lowest level of turnover when it comes to the number of homes sold over the last five years, with Leicester ranking bottom outside of the
Rental affordability is now at its highest level for a decade at 28.4%, Zoopla’s latest quarterly Rental Market Report reveals. This is compared to an average of 27.2% over the last 10 years and is
New research has revealed that the average landlord has seen the amount of money they owe via buy-to-let mortgage loans increase by 19% in the last year. To understand how recent months of economic turmoil
While 73% of homebuyers show at least some interest in Energy Performance Certificates (EPCs), their influence on purchase decisions remains limited, it has been suggested. In October 2021, the UK Government published its Heat and
New research has revealed that despite a reduction in the number of deaths caused by carbon monoxide poisoning, a worrying one in five UK homeowners have never had a gas safety check carried out on
New research has revealed that while a third (33%) of those opting to move home in the current market are downsizers, it’s not the increased cost of borrowing or living that is driving them to
The Prime Minister has controversially scrapped plans to force landlords to upgrade the energy efficiency of their properties, opting instead to encourage households to take such actions voluntarily. Under the previous policy, starting in 2025,
England’s green belt could facilitate the construction of over 73.7m new-build plots with just 1.4% of green belt land required to deliver the government’s target of 1m homes by the next election, new research has
The Monetary Policy Committee (MPC) of the Bank of England has made the decision to leave interest rates at 5.25%. It had been previously been expected to raise the base rate from 5.25% to 5.5%
Following the loss of their former Group Chief Executive Officer (CEO), Andrew Tucker, the Non-Executive Directors of Irwin Mitchell Group can now confirm the appointment of Craig Marshall as its new Group CEO. Craig joined
A new study by Rightmove has revealed that St. George in Bristol is the new strongest sellers’ market, with eight in ten (80%) of homes listed for sale so far this year successfully finding a
The proportion of people who think mortgage affordability is a barrier to homeownership is now at its highest level in 15 years, a new report has revealed. The latest Property Tracker report from the Building
Two national consumer bodies have called on the government to resist further interest rate rises this week. HomeOwners Alliance and the National Association of Property Buyers have both called on the government not to raise
The latest market analysis reveals that despite a supposedly cooling market, UK house prices would have to drop by a huge -19.3% just to return to pre-pandemic norms. House Buyer Bureau has analysed the current
Pay is once again the top factor for retaining and attracting lawyers with 56% saying it had triggered them to move firms, according to a new report. As part of its annual market research conducted
Identity Service Provider Credas has become the inaugural provider in the UK to secure the highest level of confidence under the UK Government’s Digital Identity and Attributes Trust Framework. The distinguished accomplishment follows a comprehensive
New data from Halifax has revealed that house prices have fallen at their fastest rate in 12 years. At an annual decrease of 2.6%, this is equal to a reduction of £7,500 off the average
The Legal Services Board (LSB) is consulting on proposals to ensure that people who use legal services have access to fair and effective complaint procedures. The proposals aim to strengthen consumer protection and improve the
Having a mortgage that lasts into retirement has become more common as between April and June, 30,400 mortgages worth a total of £4.3 billion were agreed for borrowers ages over 55 and more than 50,000
Solicitors in the UK will see their individual practising fees increase to £307 in the 2023/24 fiscal year, marking a 7% rise from the previous fee of £286, as reported by The Law Society Gazette.
DLUHC’s First Homes Scheme is to be the first Government-backed initiative to use Digital Property Logbooks in the UK. This new initiative comes after a year of planning work between DLUHCand the Residential Logbook Association
Actionstep, the cloud practice management platform for law firms, has announced that it has acquired the Perth-based legal software business, FilePro. The transaction brings together two innovative companies serving the needs of modern, mid-sized law
Mezzle are thrilled to announce that renowned expert real estate lawyer, Agnes Gay, and her entire six-person team have joined their international law firm. To date this is the largest team move from Axiom Ince