Ask An Expert: David Jabbari’s Confidence, Caution And Covid Variations
In our recent Ask an Expert series, Chris Harris interviews David Jabbari, CEO of innovative conveyancing provider Muve. The pair discuss the state of the market during the Covid-19 situation, the impact increasing mergers and acquisitions will have on the sector, the key conveyancing differentiators businesses need to consider and the importance of technology in […]
Ask An Expert: Post-Lockdown Buying And Selling Process
The property freeze has been lifted but the sector remains in a strange no-mans land, caught between the extremes of pre-lockdown working and total market lockdown. Social distancing responsibilities now drive the way the sector operates which could forever change the way we buy and sell homes. As the market tentatively reopens, industry stakeholders have […]
Mortgage Holidays Extended By Three Months
Homeowners struggling financially at the current time are able to extend their mortgage holiday by an additional three months from today. It is estimated that 1.8 million homeowners are already utilising the mortgage holiday to ensure they do not fall into arrears or default on their mortgage during the Covid-19 crisis. New homeowners who have […]
Clearer And Better For All: CLC Seeks Approval For Revised Accounts Code
A revised accounts code that expressly allows firms regulated by the Council for Licensed Conveyancers (CLC) to use third-party managed accounts (TPMAs), and deal more easily with aged balances up to £50, have been submitted this week to the Legal Services Board. The new rules contain simpler, more targeted requirements to make the code easier […]
FREE Webinar Hosted By Index! “Evidencing Lender Handbook Compliance”
Index is delighted to be hosting a FREE webinar in conjunction with Lexsure “Evidencing Lender Handbook Compliance” will take place on Wednesday 27th May at 10:30am The UK Finance Mortgage Handbook is vast. Changes to the lender specific instruction contained within Part 2 of the handbook occur frequently without notice. The challenge of lender compliance […]
Diary Of A Highstreet Conveyancer – Thursday May 21
Thursday As we head into the Bank Holiday, and what ordinarily would be a busy day, and as we come to the end of Mental Health Awareness Week, take time over the weekend to think about life and where we are going. Many of the chains which would have been completing at the Easter weekend […]
SRA Asked To Extend Solicitor Indemnity Fund Beyond September
The Law Society of England and Wales is asking the Solicitors Regulation Authority (SRA) to extend the solicitors indemnity fund (SIF) cover beyond September’s intended cut off point. Although the SRA intended to close the fund this year, the financial plight of many firms because of Covid-19 is making it a lot more difficult to […]
Movers and Shakers – 22 May 2020
Here at Today’s Conveyancer, we wanted to share with you the good news we’ve had within in the industry of professionals joining firms and those who have moved up the promotional ladder. This week we’ve seen the following announcements with regards to appointments and promotions: Nick Carvey – has been appointed Associate Director at Lambert […]
Ask An Expert: 007 – A License To Bill
In a short commentary for Today’s Conveyancer, Simon McCrum, former Managing Partner of national firm Darbys Solicitors, discusses his experience of joining the business in 2007 just weeks before the Credit Crunch. That business in due course became the UK’s fastest-growing law firm. Now a Management Consultant for law firms through McCrum Consulting, Simon shares […]
Ask The Expert: PII Preparedness In The Time Of Covid-19
Despite some firms struggling to renew their PII in March, experts are assuring the sector that there are deals to be done, but firms must prepare. The spread of Covid-19 in the UK coincided with many law firms looking to renew their PII insurance with some claiming premiums have risen exponentially. At a time when […]
UK Residential Transactions Halve In April
Residential property transactions last month had more than halved since the recorded figures from April 2019. According to recent HM Revenue and Customs data, 46,440 residential transactions were completed in April; 53 per cent fewer than the same month in 2019. Similarly, the 5,930 non-residential transactions las month represented a fall of 46.1 per cent […]
ESTAS Awards Set To Take Virtual Stage
The ESTAS are still set to go ahead next month, although the format of the awards has had to be changed due to the corona virus pandemic. The event will take place online on Friday 3 July 2020 at 4pm, and is free for anyone to access. Simon Brown, Founder of The ESTAS Group, said: […]
Sales Agreed And New Instructions Increasing Post-Lockdown
Early indications suggest that the property market is bouncing back with Rightmove site interactions above 2019 levels, new instructions rising and sales agreed increasing. Full property viewings on Rightmove are now stronger than 2019 levels, according to the portal. Rightmove indicate that a full viewing will involve potential buyers accessing all information provided on a […]
Social Distancing Measures Will Hinder Businesses Re-Opening
It has been a week or so since the Prime Minister Boris Johnson revealed that some businesses in England could once again begin to open their doors, as we all being to live in a country on the road from coronavirus recovery. A survey conducted by the British Chamber of Commerce (BCC), has revealed that […]
Remediation Cladding Deadlines Missed By Majority Of ACM Buildings
The Government has conceded that deadlines to ensure all remediation work on the removal of dangerous cladding on buildings by June will not be met. Unfortunately, the recent lockdown has meant that many remediation projects were forced to halt, with many construction sites likely to have struggled regardless of the lockdown. James Brokenshire, Communities Secretary […]
Today’s Conveyancer Launches Weekly Sentiment Index
Today’ Conveyancer has launched a sentiment index to gauge the mood amongst conveyancing professionals. We are keen to see how the market is developing and share information with our readership. Complete our short survey for law firm practitioners and leaders and we’ll share the results weekly through Today’s Conveyancer. CLICK HERE to complete our 2 […]
Taylor Rose TTKW Acquires McMillan Williams Creating Top 75 Consumer Law Firm
Taylor Rose TTKW Limited (Taylor Rose) is pleased to announce it has acquired McMillan Williams Solicitors Limited together with related staff and offices to create a top 75[i] law firm. The combined firm will represent revenues of over £40 million and have 32 offices nationwide covering Cumbria to Sussex with headquarters in Peterborough and London. […]
Diary Of A High Street Conveyancer – Tuesday May 19
Tuesday In the ‘old days’, there were days when you really wished you hadn’t bothered; you felt unappreciated, and were ready to throw in the towel. I have not had many of those days in the last eight weeks and although life is hard , I thought that perhaps there had been some reassessing of the […]
The Legal Industry During Lockdown & Beyond
This article was submitted to be published by Moneypenny as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.
Isolation thoughts – Embrace the Chaos
Written by Tom Backhouse, CEO and Founder of Terrafirma IDC Ltd. I have started to write this blog several times over the last few weeks, but each time I put my headphones in and settle down, I am distracted by yet another change to the narrative. There are new market recovery forecasts, government announcements, regulatory guidance, […]