News brought to you by the Today’s Conveyancer editorial team.
Homeowners across the UK are now borrowing more money from mortgage lenders than ever before according to new figures released this week. According to mortgage broker Mojo Mortgages, the average amount of money being applied
The benefits of providing greater information up front have been laid bare in the latest The Property Ombudsman (TPO) Annual Report which has again highlighted “Communication and record keeping” and “Marketing and advertising” as the
Rural new builds are on the up as home movers take advantage of flexible working a reduced daily commute. While new-build developments are far more prevalent in urban areas there are a number of rural
The lack of progress on leasehold reforms is leaving thousands of homeowners in a potentially costly waiting game and in danger of losing out. The Government announced long-awaited reforms to ‘level up’ the leasehold system
The UK government wants up to 3m homes to be powered by hydrogen by 2030, as part of its strategy to move to the low carbon energy source. Its hydrogen strategy released today sets out
Ahead of the 1 September launch of the Solicitors Qualifying Exam (SQE), the Law Society has today unveiled guidance to answer common queries for law firms and organisations on qualifying work experience (QWE) for trainee
Hundreds of older people are set to be provided with new homes thanks to a £40m funding injection from Homes England, the Government’s housing agency. The loan from the £4.5bn Home Building Fund will accelerate
Concern is mounting amongst MPs in rural staycation holiday destinations, particularly in areas such as Devon and Cornwall, that local families and workers are being priced out of the housing market by holiday lets and
Nick Emmerson has been announced as the new Law Society of England and Wales 2021 deputy vice president (DVP), following the recent election. He takes office as DVP on 14 October 2021 – becoming vice
Transaction figures released today (24th August) by HMRC show a 61% decrease in home moving activity in July compared to June following the end of the first stage of the SDLT holiday tapering process. From
Proposals to help more people build their own homes have been ‘warmly welcomed’ by the Housing Secretary Rt Hon Robert Jenrick MP following the release of a report commissioned to improve the housebuilding industry by
The latest research by Birmingham estate and lettings agent, Barrows and Forrester, reveals that terraced houses are the best property investment in the UK after experiencing stronger price growth than any other type of home
Following the release of the ONS figures which showed the impact of the property market recovery on house prices, HMRC have released figures which show it’s highest recorded revenues from Stamp Duty Land Tax in
Following the introduction of electronic signatures last year, HM Land Registry provides an update on this revolutionary step in the property market for Today’s Conveyancer. One year ago, we took a revolutionary step that allows
An estate agency membership body has predicted the housing market could stabilise in the coming months, following the surge in activity generated by the SDLT holiday. NAEA Propertymark has released its July Housing Report in
Solicitors operating as sole practitioners and partnerships are a dying breed, according to a new analysis from Arden Partners plc revealing the changing shape of the solicitor market. Analysis of Solicitors Regulation Authority (SRA) data
The Conveyancing Foundation has donated funds from its innovative Charity Lotto to help two national charities, the Stillbirth and Neonatal Death Society (SANDS) and the Epilepsy Society. Both charities have received £1000 each after they
The Legal Services Board (LSB) have confirmed that individual practising fees will be £266 in 2021/22… a £12 reduction from 2020/21 and a 17% reduction over the last 6 years. Despite an increase in the
The Office for National Statistics (ONS) Index of Services for June reveals that the legal sector is recovering well following the pandemic. Although figures show that the services sector grew by only 1.5% between May
The number of people purchasing a home through the Help to Buy scheme is at an all-time high, according to figures just released by the Ministry of Housing, Communities & Local Government (MHCLG). The scheme,
ONS figures have shown average house prices have reached a record £266,000, £1,000 higher than the same time last year. UK average house prices increased by 13.2% over the year to June 2021, up from
Bidding has opened for home builders across England to deliver 1,500 first time buyer and key worker homes under the First Homes scheme launched in June. Over the next few months house builders will be
Implementing a ‘no jab, no job’ policy brings serious pitfalls for business across England, a leading employment lawyer has warned. While it will be the law in England from November 11 for all staff and
Bolton and Bury-based law firm Clough & Willis has made another appointment in its growing residential property team with the news that Fiona Jackson has joined to lead the conveyancing service at its Little Lever
Companies in the legal, property and conveyancing sectors who have all been commended for their work in boosting wellbeing and supporting mental health have been sharing best practice with The Conveyancing Foundation. In the Foundation’s
The RICS July 2021 Residential Survey results reveal a slightly softer month for new activity across the housing market. Although a decline in activity is to be expected following the end of the stamp duty
I have spent the last few days thinking about what we do and how we do it. Conveyancing is not glamourous – to be honest, I cannot remember the last time I wore a suit
The number of Stamp Duty Land Tax (SDLT) tax investigations by HMRC has fallen by 75% in the last year, from 2,096 in 2019/20 to 529 in 2020/21, the lowest figure in five years, a
HM Land Registry has released details of changes to several Practice Guides in this week’s update. Notices, restrictions and protection of third-party interests (PG19) This guide gives advice about how to apply for a notice
A “Polluter Pays” amendment to the Building Safety Bill is under consideration in government and would place the costs for cladding remediation on the construction industry. The Bill would enable government to pursue developers and
HM Land Registry has released its 2021-2024 Business Plan in which the plan to move further toward automated registrations, is outlined. The plan identifies 4 key elements in automating the process digital applications trust in
The Financial Conduct Authority (FCA) has obtained a High Court Order to remove hundreds of HM Land Registry charges, notices and restrictions registered against consumers’ properties by illegal money lender Dharam Prakash Gopee. The Financial