Navigating the King’s Speech – A Cautionary Tale for NIMBYs

In the hallowed halls of Parliament, the King’s Speech reverberates – ‘My Ministers will get Britain building, including through Planning Reform as they seek to accelerate the delivery of high-quality infrastructure and housing’. At last, a clarion call to build more homes and infrastructure to strengthen economic growth. Our new Government has made clear its […]

‘Mixed-Use’ definition sees successful £225,000 SDLT appeal

HMRC has lost its appeal against a £225,000 Stamp Duty Land Tax (SDLT) claim. A first tier tribunal (FTT) heard the case which centred around Durford House, a 6 bedroom property set amongst 16.6 acres of land and 12 acres of mature woodland. The claim was made by Cornerstone Tax, who claimed the property was […]

Can upfront information be TMI?

For those wondering from the title whether they have a new conveyancing abbreviation to remember, TMI is a fairly recent one I’ve discovered from the youngsters: ‘Too Much Information’! Admittedly it’s a bit punchier than NTSELAT which many of you will have come across recently, being the National Trading Standards Estate and Letting Agency Team. […]

1,150 homes every day until 2029 to meet housing targets

The new labour government must deliver just over 1,150 new homes every single working day for the next five years to achieve its stated aims of building 1.5m news homes in this Parliament according to estate agency membership group Propertymark. The representative body have called on the new government to provide a detailed plan on […]

EXCLUSIVE INTERVIEW: Consultation “the right thing” says Law Society CEO

The Law Society of England and Wales’ (LS) CEO has offered a robust response to the uproar surrounding the fifth edition of the TA6 Property information form, saying a consultation launched last week was the ‘right response’ after the professional body was taken to task by those in the industry. Ian Jeffery addressed the issues […]

Everything you need to know about AML for conveyancers

Every Property Law Solicitor and Conveyancer knows that carrying out an Anti-Money Laundering (AML) check before taking on a client is crucial to ensure compliance.  AML checks help to prevent illegal activities such as money laundering and terrorist financing within conveyancing transactions. The volume of transactions and high property values, especially in London and the South East, […]

The Power of Customer Reviews in an Uncertain Market

As we navigate a year filled with economic uncertainties and a change in government, customer trust in the property industry has never been more important. In such a climate, reviews play a pivotal role in guiding consumer decisions and bolstering business credibility. Today’s consumers are more diligent than ever before, with 70% of their buying […]

Market impetus expected in coming months – RICS

Weakening demand has not deterred a more positive market sentiment in the months ahead despite latest figures suggesting a fall in new buyer enquiries of 8% in May and 7% in June according to The Royal Institute of Chartered Surveyors (RICS). Current market dynamics according to the UK Residential Market Survey for June 2024 suggest […]

Digital Conveyancing: Elevating Trust and Efficiency through Digitisation

In the evolving landscape of property, digital conveyancing represents a pivotal shift, focusing on digitisation rather than automation. This approach aims to enhance the conveyancing experience by providing robust tools that integrate information seamlessly, ensuring reliability and fostering trust. At its core, digital conveyancing is about the digitisation of processes that traditionally relied on paper-based […]

Law Society Special General Meeting Announced

The Law Society has confirmed the date and time for the Special General Meeting (SGM) in response to the petition launched by Property Lawyers Action Group (PLAG). It will be held on Tuesday 23 July 2024 at 2 pm. The SGM follows the receipt of a requisition from 100 members under bye-law 22(1) after an […]

PLAG blasts “condescending” Law Society protocol form delay

Property Lawyers Action Group (PLAG) has responded to the Law Society’s decision to delay in the mandatory implementation of the updated fifth edition of the TA6 Property Information Form, describing the decision as ‘disappointing’ and ‘condescending’ in a statement circulated on Sunday (16th June) evening. The group, which has been responsible for an online petition […]

Law Society delays updated TA6 introduction

The Law Society has announced mandated use of the updated TA6 property information form will be delayed until January 2025 to enable it to further consult members on the content and implications. In a statement released today (Friday 14th June) Law Society of England and Wales chief executive officer Ian Jeffery says “For many members […]

‘Devil in the detail’ – reaction to Conservative manifesto

Prime Minister Rishi Sunak has launched the Conservative manifesto for the General Election on 4th July, at Silverstone race circuit. His speech held few surprises for property professionals with many of the policy commitments announced in the national press over the past couple of days. The Labour party are yet to publish their manifesto but […]

Number of first time buyers with dependents double since 2009

Analysis of First Time Buyer (FTB) trends have revealed the average age and personal circumstances of FTB’s in the UK. Nationally the average age of a FTB is 33 years 8 months old; meanwhile the number of FTBs who have at least one dependent has doubled since 2009. The data, which has come from Mojo […]

How will stamp duty promises impact buyers?

With both major political parties promising stamp duty reform ahead of the election, what does it actually mean for the electorate and wider property market.  Labour announced plans to introduce a ‘Freedom to Buy’ scheme as part of its election manifesto, the detail of which is due to be published this week. In the Conservative […]

Top 5 tips for speedy CON29DW returns

To celebrate the 10th anniversary of the Drainage and Water Searches Network (DWSN), we are developing a series of webinars delving into the questions contained within a CON29DW search. Our first webinar, Top 5 tips for speedy CON29DW Returns, is now available on the DWSN YouTube Channel and below, which you can also access at […]

Snap poll shows support for vote of no confidence

A snap poll run by Today’s Conveyancer suggests sentiment toward The Law Society is low amongst conveyancers. 90% of respondents to a LinkedIn poll said they would ‘support proposals to call for a vote of no confidence in the Law Society.’ Last week calls by The Property Lawyers Action Group (PLAG) for a vote of […]

Pre-election property supply up, but for how long?

The number of properties coming to market has increased, with an uptick in demand also reported in the latest Housing Insight Report from estate agency membership and training body Propertymark. The report covers the month of April, just before Prime Minster Rishi Sunak announced the July 4th General Election. The average number of prospective new […]

Surrey Law Society adds weight to vote of no confidence

Surrey Law Society have thrown their weight behind calls for a vote of no confidence in The Law Society CEO Ian Jeffery, and President Nick Emmerson. As reported yesterday, the Property Lawyers Action Group (PLAG) have begun proceedings to initiate a Special General Meeting (SGM) in which it proposes to hold a vote of no […]