Threemo Teams Up With Hoowla To Make Remortgaging Quick And Easy
From automating case management to building a thriving referral network, Hoowla’s software has helped Threemo to achieve amazing things in its first year of business When Threemo launched as a law firm specialising in remortgaging, the company needed efficient and effective ways to attract new clients and manage ongoing cases. A professional, easy-to-use website would […]
Residential Stamp Duty Falls In Q4
Residential stamp duty receipts decreased in the final quarter of 2019 whilst first-time buyers (FTB) enjoyed record levels of FTB relief. Despite market uncertainty in the property last year, the fourth quarter receipts indicated a marginal increase from £3.291 billion in 2018 to £3.299 billion at the end of last year, according to the quarter […]
HMLR Requisitions Fall For Second Consecutive Quarter
HM Land Registry (HMLR) requisitions fell for the second consecutive quarter at the end of 2019. Between September and December 2019, 12.8% of all applications made to HM Land Registry resulted in a requisition. This represented an almost 2% improvement from the 14.75% return rate experienced in the opening quarter of 2019. Quarter on quarter, […]
Construction Workloads Fall But Confidence Increases
Workloads for the building and construction sector fell into negative territory in the final quarter of 2019 with a fifth (21%) of firms reporting lower workloads. However, the report suggests that respondents now feel positive about the new decade. Overall, 37% more respondents are predicting higher workloads over the opening quarter of 2020. The report […]
Onesearch Survey Reveals Data Accuracy And Speed Trumps Cost For Conveyancing Searches
OneSearch Direct, one of the largest local search data company in the UK, has today released findings from its industry-wide survey of conveyancers. The survey looks at attitudes towards search providers and perception of value added services. It also explores continuing competency behaviours and gauged sentiment towards industry hot topics, such as cybercrime, anti-money laundering […]
Fire Results In Closure Of 114 Chancery Lane
On Saturday 1st February 2020, a fire broke out at the Law Society of England and Wales’s headquarters on 113 and 114 Chancery Lane in central London. 25 fire engines and around 150 firefighters were called to deal with the fire which saw the building’s roof and parts of the third, fourth and fifth floors, […]
Mortgage Approvals Exceed Six Month Average
Both net mortgage borrowing and mortgage approvals for house purchases were above the six month averages in December last year. Net mortgage borrowing reached £4.6 billion in the final month of the decade, £400 million above the six-month average of £4.2 billion, according to the Bank of England’s ‘Bank of England Money & Credit’ data […]
Eighth Local Authority Digitises Land Charges
Peterborough became the 8th local authority to migrate and digitise their local land charges (LLC) with HM Land Registry (HMLR). Peterborough now join Warwick District Council, Liverpool, City of London, Blackpool, Isles of Scilly, Norwich and Lambeth. However, HMLR have learnt extensive lessons throughout the opening year with an emphasis on pre-migration becoming a priority […]
Law Society Issue Flood Risk Practice Note Update
The Law Society has published the first revised Practice Note on Flood Risk in four years over the weekend. Concerned with the recent changes to the climate, the Practice Note’s main changes concern the prevalence of flood risk, insurance for both residential and commercial properties and related changes to the Law Society’s Conveyancing Protocol. The […]
Mineral And Waste Plans: Communities In The Crossfire
Villages and towns are facing years of traffic disruption, noise and dust as major planning decisions are being made about the future of multiple sites across the country. Mineral and Waste Plans are an often overlooked part of planning search due diligence – conveyancers and their clients need to be aware of the long term […]
LFS & HM Land Registry Breakfast Briefings
Law Firm Services and H.M. Land Registry are pleased to announce a series of Breakfast Briefings that are FREE of charge to all conveyancers. These events will take place in April and May and are all kindly sponsored by Groundsure. They are all in areas where the Land Registry will shortly be launching the new […]
Index Property Information At The Solicitors Group LAW 2020 Leeds
Index Property Information is pleased to be attending and exhibiting at the Solicitors Group LAW 2020 event in Leeds. This is the second event in the SOLICITORS group’s LAW2020 roadshow of legal exhibitions and training conferences. The event will take place at The Met Hotel, Leeds on 3rd & 4th March. Join us and approximately […]
Experts Discuss AML Difficulties, Electronic ID And Mental Health
Law firms are still struggling to produce compliant, individualised risk assessments to tackle anti-money laundering and firms need to embed a cultural awareness of risk from the top down, according to a panel of legal experts and regulators. On Wednesday 29th January 2020, Today’s Conveyancer hosted its first roundtable event of the year at one […]
VR Allows Home Buyers To Scope Out Development
A housebuilder in Scotland has embraced technology and is allowing home buyers the opportunity to utilise virtual reality (VR) to scope out the development’s neighbourhood. The neighbourhood is going to be situated in the NorthBridge area of Glasgow and is part of the Keepmoat Homes development. The builder said that: “The VR tour will allow […]
Residential Registrations Decline In 2019
Despite the property market bounce back enjoyed by the sector following the general election at the start of December last year, the total number of property sales ended the year 0.91% lower than in 2018. The 1,180,610 sales completed in 2019 was marginally down on the 1,191,460 transaction in 2018, according to recent HM Land […]
Private New Housing Investment Triples Since 2013
Total housing output has experienced strong and sustained growth since 2013. Over the past decade, private investment in new housing has tripled from £1.145 billion in 2010 to £3.025 billion at the end of 2019, according to ONS data. Similarly, new housing investment has almost doubled from £342 million to £588 million in November 2019. […]
Index Turns 10!
Index is thrilled to be celebrating its 10th Birthday. Since its inception in 2010, Index has gone from strength to strength soon becoming the quickest growing search provider in the UK. We understand what Conveyancing professionals require and accordingly provide a bespoke service tailored to each individual client requirements. We believe in creating a true […]
FTB Transactions Increase By 84% Since 2009
First-time buyer (FTB) transactions have increased by 84% since 2009. Between 2009 and 2019, FTB transaction volume rose from 193,940 in the doldrums of the financial crisis to 356,767 completed transactions at the end of the last decade, according to data from Halifax. The importance of FTBs to a successful property market in recent years […]
UK’s Largest Legal Report Shines Light On Sector
Two thirds (64%) of UK adults have faced a legal issues over the past four years with over half (53%) of issues considered contentious. According to a joint report commissioned by The Law Society and The Legal Services Board, the main reasons people sought legal advice between 2016 and the end of 2019 were defective […]
Poweredbypie’s Webinar On AML Proves Popular In Light Of The Fifth Money Laundering Directive
Search and software provider poweredbypie’s free webinar on AntiMoney Laundering has proved popular following the introduction of The Fifth Money Laundering Directive (5AMLD) which came into force on 10th January 2020. David Payne, Training & Compliance at poweredbypie explains: “We run around six free webinars each month for legal professionals, covering a variety of essential […]