News brought to you by the Today’s Conveyancer editorial team.
84,000 more homes have hit the property market following the Autumn Budget indicating sellers were undeterred by the first Labour Budget in 14 years according to online estate agency Yopa. The agency reviewed for sale
Datarooms, popular with auctions houses into which property and legal documentation can be access by buyers and lawyers, could help streamline the home moving process following their introduction into private treaty sales. The claim has
The Public and Commercial Services (PCS) union has said it will ballot workers at HM Land Registry over plans to ‘order’ staff to work in the office three day a week. PCS members at offices
The Law Society have been accused of creating ‘uncertainty’ over its decision to extend the dual use of both the 4th and 5th edition of the TA6 Property Information Form, with the withdrawal of the
A consultation on how legal regulators, including the Solicitors Regulation Authority (SRA) and Council for Licensed Conveyancers (CLC), can ‘promote the prevention and detection of economic crime’ has been launched by super-regulator, the Legal Services
The Solicitors Regulation Authority (SRA) has launched its anticipated consultation on client money in legal services to review whether it remains appropriate for law firms to continue to hold significant funds in their accounts. The
HM Land Registry (HMLR) has announced it has made its process for entering personal covenants in the register more consistent with a new entry into the register effective from 13th November 2024. User will now
A conveyancing solicitor who failed to disclose links to a borrower has been fined £12500 by the Solicitors Disciplinary Tribunal (SDT). Mark Robert Westwood, a consultant at ONP Group, acted in five transactions between September
“Houseful” is probably best known for the property portal Zoopla, but the technology giant is steadily building an array of property and data businesses and has under it’s umbrella estate agent software Alto, new homes
The Law Society of England and Wales has hit back at the Solicitors Regulation Authority’s consultation on the future of law firms holding client. ‘Client money in legal services – safeguarding consumers and providing redress’
Professional membership body the Society of Licensed Conveyancers (SLC) have responded to the Law Society’s consultation on climate change defending the profession against the ‘burden’ placed on conveyancers, and advising firms to exclude any liability
A partnership between enquiries management platform Legalito and Off Mains Solutions will ‘reduce the time spent dealing with specialist drainage enquiries’ say the two parties. Enquiries management technology solution Legalito has partnered with Off Mains
A CLC-regulated conveyancing firm based in Wales has been accredited in the ‘National Top 100 Companies to Work For’, attributing its success to their proactive approach to employee wellbeing and welfare. Convey Law has been
Recently conducted research has concluded estate agents continue to fail to provide material and up front information for would-be home buyers, falling foul of consumer protection regulations. The Consumer Protection from Unfair Trading Regulations 2008
An uplift in the number of homes developers have registered their intention to build has given rise to ‘cautious optimism’ from UK house builders according to figures released by the National House Building Council (NHBC).
Buyer demand remains broadly stable and a slight increase in positive sentiment around agreed sales is the story of the latest Royal Institution of Chartered Surveyors (RICS) monthly residential market report. The RICS Residential Market
Reform of leasehold tenure is ‘years, not months away’ despite the passing of the Freehold and Leasehold Reform Act in the days before the end of the Conservative government earlier this year, delegates at this
The Law Society of England and Wales have confirmed conveyancers and property lawyers can continue to use both the 4th and 5th edition of the TA6 Property Information protocol form beyond the current 15th January
The Solicitors Regulation Authority (SRA) has sounded a warning to firms reliant on client account interest income with a consultation to be launched next week which may result in reform of accounts rules and changes
Conveyancers and homebuyers are being warned of the potential impact of bamboo on properties as awareness grows of the damage it can cause, with a 50% annual increase in enquiries for bamboo removal relating to
A campaign to eradicate the use of “Dear Sirs” in correspondence is gaining momentum with an online petition launched on 1st October gathering over 1500 signatures. The petition has been launched by Ellie Rees, founding
Having talked about keeping the search industry on its toes in their previous appearance on the podcast, Kevin Johnson and Jeremy Dorkins of On Point Data join the latest Today’s Conveyancer Podcast to provide update
Following the Chancellor’s Budget announcements today on Agricultural Property Relief and Business Property Relief reform, Idina Glyn, Partner at Mishcon de Reya, has spoken on the reforms. The restriction of Agricultural Property Relief (APR) and
Irwin Mitchell have appointed partner Guy Sackett as its new Head of Real Estate and Garrath Reayer has been appointed new Head of Residential Property following the retirements of Adrian Barlow and Jeremy Raj respectively.
The recently hosted Minerva Conference raised over £5000 for Martin House Children’s Hospice at their 21st birthday conference hosted at the National Conference Centre (NCC) in Coventry. Housed at the National Motorcycle Museum, the NCC,
Consultant or platform law firms continue to grow with 4000 lawyers reported to be operating under the fee sharing model in England and Wales according to the latest insight. Despite it remaining a small fraction
306,000 homes are currently working their way through the buying process to completion; and increase of 62,250 (26%) on the same time last year leading to predictions of a “bumper” final quarter for 2024 and
A ‘contrived’ attempt to claim Multiple Dwellings Relief (MDR) on a property has left the owner’s with an £80,000 tax bill after a first tier tribunal (FTT) ruled MDR did not apply. The property in
The government will continue to consult on the most appropriate way to ‘address the injustice of ‘fleecehold’ private estates’ and bring forward a new consumer code for housebuilders as part of it’s response to a
Proposed changes by the Council for Licensed Conveyancers (CLC) to its Code of Conduct have been approved by the Legal Services Board (LSB) and will take effect from January 1, 2025. A revised code of
The innovation arm of Ordnance Survey has welcomed the latest cohort of GeoTech and PropTech startups to its accelerator programme Geovation; the 19th group to go through the incubator. Geovation’s Accelerator Programme was launched in
Analysis of property market withdrawals and fall through suggests both are on the up in the first half of 2024. A fall-through is generally considered to be a property transaction that collapses after an offer