News brought to you by the Today’s Conveyancer editorial team.
LawSure the UK’s leading specialist title and legal indemnity insurance broker have announced a new and exciting change for the company. Current Managing Director Brian Hall will assume the role of Executive Chairman, whilst Mandy
Rishi Sunak launched his latest budget with a stirring defence of current policy, claiming that jobs growth, economic recovery and wage rises pointed to the success of the investment the government in making as part
Predictions for today’s budget announcement include £2 billion of Government investment into building new homes on derelict or unused land. The chancellor Rishi Sunak is expected to announce a £2 billion housing investment which includes
The Solicitors Regulation Authority (SRA) has published its 2021-22 business plan, outlining its key areas of work for the coming year. Publication follows a consultation exercise earlier this year which saw more than 8,000 people
In the “race for space” detached living is preferred to apartment living according to the latest stats from the National House Building Council (NHBC). Detached houses now make up the largest proportion of new home
The Equity Release Council have released its Q3 market statistics which show that homeowners are, for the first time, set to access over £4bn of property wealth via equity release. 2021 has seen £3.46bn released
The Stamp Duty holiday contributed to the highest recorded revenues from Stamp Duty Land Tax over the Summer as receipts from property purchases hit £1.309 billion in July, the highest month on record and higher
The largest live event in the property industry for 2 years took place last Friday when the prestigious ESTAS Customer Service Awards – sponsored by Coadjute – were hosted in London. In a first for
A new clause making it clear what cover will be provided for cyber losses will be added to the minimum terms and conditions of law firms’ professional indemnity insurance (PII) policies. The addition, drawn up
Home buyers are being warned about a spike in scams which have seen victims defrauded out of hundreds of thousands of pounds. The Law Society of England and Wales has joined forces with the National
Five identity service providers have committed to the new MyIdentity trust scheme to make home buying and selling in the UK a safe digital process. The five identity service providers are: Digidentity, Nuggets, OBiD, Thirdfort,
HM Land Registry (HMLR) has published details of the latest changes to its Practice Guides. Charging orders (PG76) This guide gives advice on the points to take into account when considering making an application for
September property transaction figures showed the anticipated spike in volume as the SDLT holiday came to close, but did not reach the peaks seen earlier in the year in March and June according to HMRC
The Society of Licensed Conveyancers (SLC) and conveyancing case management systems expert Redbrick Solutions have become the latest leading organisations to back the Conveyancing Foundation, the not-for-profit organisation serving the conveyancing, legal and property industries.
Legal claims against property sellers relating to Japanese knotweed have risen sharply over the last twelve months, in part due to buyers and sellers rushing transactions through to benefit from stamp duty holiday savings,
A new report by Hamptons reveals a slowing buy-to-let market across England. Buy-to-let purchases increased by just 1% during the 15-month stamp duty holiday period, the report shows, taking the total amount of buy-to-let purchases
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has announced the appointment of SDLT Compass as a new Affiliate member. SDLT Compass is a bespoke software solution which produces up-to-date Stamp
Changes to the money laundering regulations should focus on increasing the effectiveness of efforts to tackle money laundering through a more risk-based and proportionate approach, said the Law Society of England and Wales in response
The Environment Agency has issued a warning to the UK Government that climate change can only be tackled through greater adaptation to immediate risks, particularly in relation to flooding. In its third adaptation report submitted
An analysis of Land Registry figures has shown just how influential the Stamp Duty holiday was in stimulating demand at different property price points. HMLR figures show that across England and Wales as a whole,
Conveyancers may face a challenging start to 2022 as the number of properties coming to market has dropped below pre-pandemic figures, down by an average of 9% compared to July, August and September 2019. The
The newly announced Deposit Unlock scheme brought by a joint venture between the Home Builders Federation and the insurer Gallacher Re will help prospective housebuilders raise deposits and encourage lenders to be more flexible. Following
X-Press Legal Services has announced the arrival of new owner David Mermod for one of the largest franchise regions. Central region, which covers Nuneaton, Bedford, Telford, Shropshire, North West Leicestershire, Powys, Hereford, Coventry and Rugby
The Today’s Conveyancer podcast returns with an episode dedicated to de-mystifying blockchain. In this episode we introduce Dan Salmons, CEO of Blockchain technology provider Coadjute. Dan sets out to de-mystify what blockchain technology is, and
The price of property coming to market has surged past last month’s record and jumped by an average of 1.8% (+£5,983) this month according to Rightmove’s October House Price Index. With inflation threatening the continuing
A leading compliance specialist in the estate agency market has suggested that estate agents should be doing more to support efforts to complete customer due diligence and tackle money laundering. Compliance Officer for The Guild
The Financial Conduct Authority (FCA) has issued new guidance to companies operating a remote or hybrid working model asking them to provide evidence that any lack of centralised location or remote working does not or
By the time this article is published, we will have got through the key 1st October renewal date for SRA regulated Firms, following the immensely difficult CLC renewal earlier in the summer. Overall the Market
The cost of Stamp Duty Land Tax to the average homebuyers has increased by 490% over the last 25 years. The analysis has been conducted by London lettings and estate agent, Benham and Reeves, and
In a national survey of full or part-time employed people 9 in 10 workers (92%), who now increasingly divide their time between home and the office, would be willing to commute further to buy or
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today announced Lloyd Davies has decided to retire from his position of Operations Director and will not be standing as a Director
Buyers are starting to return to the UK housing market but have little choice of new properties in the short term, while sentiment indicates longer term stability in the housing market according to the latest