Search Activity Continues Recovery Last Week

Search Activity Continues Recovery Last Week

Activity levels in the mortgage industry continued their slow recovery last week despite a well deserved and incredibly popular VE Day bank holiday. If Friday’s bank holiday was discounted from the weekly totals, searches for

Construction Released From Lockdown But Sector Remains Concerned

Boris Johnson’s Sunday ‘exit phase’ announcement has insisted that those who are unable to work from home should be actively encouraged to return to their places of work from Wednesday. In the majority, this will

Furloughed Staff Mortgage Applications And The Post-Lockdown Mortgage Environment

Boris Johnson is poised to release UK businesses and reopen a frozen economy from next week which bodes well for a pent up property market with more than 372,000 sales at various stages of the

Construction Output Hits Near Standstill In April

Construction output in the UK has declined at its fastest rate in over 23 years. IHS Markit/CIPS UK Construction Purchasing Managers’ Index has plummeted to 8.2 in April from only 39.3 in March. Any number

Opening Quarter Requisitions Increase Slightly

HM Land Registry (HMLR) requisitions increased slightly in the opening quarter of the year despite consecutive improvements in the final half of 2019.  Between January and March 2020, 13.6 per cent 12.8% of all applications

The legal advice sector is set to receive £5.4 million investment in a bid to help people seeking advice with housing, debt, discrimination and employment issues.

The legal advice sector is set to receive £5.4 million investment in a bid to help people seeking advice with housing, debt, discrimination and employment issues. The money will be distributed amongst not for profit

Four-Step Plan To Property Market Rocovery

The government has been urged to release ‘safe move’ guidance and a number of monetary incentives to ensure the property market safely hits the ground running once it is reopened. The group of property sector

Property Market Just Weeks Away From Phased Return

Boris Johnson is expected to use Sunday’s briefing to set out the exit strategy for UK business which will include opening the UK property market within three weeks. According to Mark Hayward, chief executive of

Conveyancing Firm Achieves Million Pound Equity Funding Round

Muve, a conveyancing firm offering their clients exchange within 25 working days, has just completed an equity funding round worth £1.1 million. Muve is intending to use the money to increase its automation offerings, improve

Property Market Could Reopen By June

The Housing Minister, Chirs Pincher, is set to release plans outlining how estate agents can return to work in the coming weeks whilst the Royal Institution of Chartered Surveyors (RICS) have drafted guidance around safely

71% Of Firms At Risk Of Closure

71 per cent of high street law firms are worried about their businesses collapsing in 2020. According to a recent survey from the Law Society, cashflow issues and declining fee income could cause seven in

Mortgage Approvals And Sales Received Plummet In March

The number of sales received for registration and mortgage offers accepted in March plummeted as the UK prepared itself for a new normal in a bid to combat the spread of Covid-19. According to HM

HMLR Temorarily Amend Rules Around ID And Signing Deeds

HM Land Registry (HMLR) have temporarily amended their rules regarding ID verification and the signing of deeds from today to help reduce the barriers caused by social distancing restrictions. Deeds can now be signed using

Legal Zoom Sell Law Firm To Metamorph Group

Legal Zoom have sold their Yorkshire-based law firm Beaumont Legal to the ambitious Metamorph Group. Since being founded in 2015, the Metamorph Group have acquired seven law firms in England. Multi practice law firms across

Ask An Expert: Quotation Communication Tools And Property Sector Resillience

The property market has been forced to stall as the UK fights the ‘invisible enemy’ and some forecasts predict contraction in transaction of up to 50 per cent in 2020. However, many conveyancers have highlighted

SRA Issues Cyber Crime Warning To Remote Workers

The solicitors Regulation Authority and the National Cyber Security Centre (NCSC) are urging law firms and their employees to remain vigilant during lockdown as cyber criminals increasingly target remote workers. Given the lower levels of

Construction To Fall By 35 Percent In 2020

The coronavirus pandemic could cause a 35 per cent reduction in privately built homes this year. According to research from Knight Frank, the impact of the pandemic could result in fewer homes being built this

Construction Sector Need Grants Instead Of Loans

The Chancellor, Rishi Sunak, announced small business loans relief last night which could help many businesses in the property sector, including construction. Small businesses impacted by Covid-19 and social distancing measures are now able to

Making Vital Changes Prior To Market Re-Launch

The world of UK property has changed profoundly since the early year optimism and increased transaction volumes. Following this brief market buoyancy, the spread of Covid-19 and the consequent social distancing regulations have brought the

Could the market begin an upward trajectory in demand?

Research could suggest that the property market has already hit its lowest levels in recent weeks. After six weeks of strain, could the market be transitioning into a steady upward trajectory? According to data from