An independent review of the Solicitors Regulation Authority’s (SRA) actions before it closed law firm Axiom Ince Limited has led to the Legal Services Board (LSB) initiating enforcement action against the SRA. When Axiom Ince
The provisional non-seasonally adjusted estimate of the number of UK residential transactions in September 2024 is 94,800, 2% higher than September 2023 and 9% lower than August 2024, according to HM Revenue & Customs recent
The Conveyancing Foundation has announced an exciting new Charity Partnership with Miller Insurance Services LLP. This collaboration marks a significant step in the Foundation’s ongoing mission to promote wellbeing within the conveyancing sector and to
Chancellor Rachel Reeves has unveiled changes to property taxation and housing investment aimed at reshaping the UK’s housing landscape. This budget presented a bold response to ongoing housing shortages and affordability challenges, pairing an expanded
Mortgage approvals on house purchases for September sit at 65,647 up (+1.1%) from 64,958 in August. Following revised figures from the Bank of England, this marks four consecutive months of positive growth in mortgage approval
Thousands of new homes to be built as part of the government’s plans to get the country building again, create jobs and grow the economy as a multi-million-pound funding boost is given councils to unlock
As the Chancellor’s Autumn Budget announcement approaches, the UK property market is keeping a close eye on potential changes that may impact people. Rightmove has analysed the current landscape, providing insights and predictions on the
A housing package will deliver up to 5,000 new affordable social homes with £500 million in new funding for the Affordable Homes Programme. This brings total investment in housing supply to over £5 billion and
The Royal Institution of Chartered Surveyors (RICS) has published a new global standard titled ‘Property Agency and Management Principles’. This global standard, reflecting the changing nature of real estate and the work carried out by
The Solicitors Regulation Authority (SRA) has published findings from its corporate strategy benchmarking research, which examines key audiences’ perception of its performance, despite continued warnings from the Law Society of England and Wales to focus
The latest quarterly Equity Release report revealed a 2% increase in new plans agreed, bringing the total to 5,370 for the quarter. This marks the first time since the Autumn 2022 mini-Budget that the equity
East of England-based solicitor firm, Hegarty has announced it will open its new office in Bourne, Lincolnshire later this month. It will be the firm’s fifth office in the region and adds to the list
Law firm Thomson Snell & Passmore has added to its Residential Property & Conveyancing team, with the appointment of Chiamaka Okeke as Senior Associate and Cristiana Ion Popescu as a Solicitor. Chiamaka brings over twenty-three
ONP Solicitors is expanding its Leeds operation in response to ‘increasing demand for its conveyancing and remortgage services.’ Since opening its Leeds office in May 2022, ONP has seen organic growth to a team of
The latest data from Legal & General Ignite shows that improved mortgage affordability and lower interest rates are tempting prospective buyers to purchase their first home. Searches by brokers on behalf of first-time buyers grew
The Legal Services Board (LSB) announces the appointment of barrister Elaine Banton as a non-lay member of the Office for Legal Complaints (OLC). The LSB oversees the OLC, the board of the Legal Ombudsman, making
The Law Society of England and Wales has announced its new artificial intelligence (AI) strategy based on three pillars: Innovation, Impact and Integrity. AI is already driving Innovation across the legal sector. At the core
The average price of property coming to the market for sale rises by 0.3% this month (+£1,199) to £371,958. This is a much lower monthly increase in new seller asking prices than is typical at
eConveyancer, part of Smoove Ltd has this week launched eConveyancer+, a new product that measures the communication and efficiency of the conveyancing process. The product is a new set of service standards developed in partnership
Simply Conveyancing has announced the opening of a new office in Leeds. Alan Young, CEO of Simply Conveyancing, said that Leeds is one of the “fastest-growing cities in the UK”, with a “thriving legal and
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