Webinar: Overview of Groundsure Screening and Review Reports
Geodesys are holding a free webinar providing an overview of the Groundsure Screening and Review reports. The Review and Screening both come with full flood information and reduce or remove the need for further reports from Groundsure by combining different environmental risks in one report. Webinar details Date: 15th October 2019 Time: 11am – 12pm […]
Expert Comments On Contracting PII Market And Law Firm Implications
The second largest global insurance broker, Aon, announced their partial withdrawal from the Professional Indemnity Insurance (PII) market this summer leading many to speculate on the future of the insurance market for solicitors. Aon’s Maven scheme, providing PII for smaller law firms with between one to three partners, will not renew policies when they end […]
Bank Of Mum And Dad 11th Largest UK Mortgage Lender
The Bank of Mum and Dad (BoMaD) are now the 11th largest mortgage lender in the UK, eclipsing the Help to Buy schemes in helping younger buyers gain a foothold on the property ladder. In total, the BoMaD will lend almost £7 billion to potential homeowners this year, a 10% increase on 2018 despite the […]
Persimmon Settle Cardiff Development Mis-Selling Accusations
A major UK house builder was put under the microscope this weekend, accused of mis-selling leasehold property to their customers. Persimmon reached an out of court settlement with their customers in a Cardiff development after it emerged the company failed to adequately inform the buyers they were purchasing a leasehold property. Homeowners in the St […]
Scottish Property Transactions Flourish Whilst UK Flounders
Whilst many areas of the UK property market flatten, Scotland’s market is flourishing with transactions reaching an 11-year high. Despite the impending Brexit deadline of 31 October, research, conducted by Aberdein Considine’s quarterly property monitor, found that the opening half of 2019 has been the most buoyant property period since 2008. The 25,806 sales completed […]
Government Invest £600 Million In New Build Infrastructure Projects
£600 million has been promised to support the building of 50,000 new homes and the infrastructure to support them by the Chancellor, Sajid Javid. The money will help fund five new projects in London, Bedfordshire and Essex which are considered areas of greatest housing need. The fund will help to secure the infrastructure in places […]
Potential Property Fraud Crisis in the UK
Research has found that the UK Land Registry receives twice as many property fraud claims that they are able to prevent. Property fraud is a serious ongoing issue in the UK, with millions lost each year. ABC Finance have looked at a freedom of information request into the UK Land Registry and have found that […]
Inbound Enquiries To Skyrocket Tomorrow
Conveyancing departments need to prepare for their most chaotic week with tomorrow set to become the busiest communication day for inbound enquiries to law firms. Call volumes will increase by 10% on the day following a bank holiday with consumers eager to discuss their home move, according to Moneypenny. The data looked at the Tuesday’s […]
Conveyancers Warned Of Impersonation Fraud Invading The Sector
Multiple legal regulators have warned that impersonation fraud and spoofing using highly detailed and sophisticated social engineering techniques is rife in the legal sector at the moment. In the past week both the Council for Licensed Conveyancers (CLC) and the Solicitors Regulation Authority (SRA) have sent out scam alerts warning firms to be on the […]
10% Conveyancing Dip Blamed On Brexit
Recent figures show that Brexit is plaguing the conveyancing market, as the UK is experiencing the slowest quarter for two years. Search Acumen have analysed Land Registry data to track the market. It has been revealed that quarterly conveyancing volumes between April and June dropped below 230,000 cases for the first time in two years. […]
Exodus Continues As Another PI Insurer Escapes Hardening Market
Law firms and abandoned solicitors have been left reeling after their Personal Indemnity Insurance (PII) provider made the decision to leave the PII sector six weeks before many pending policy renewals trigger. Aon notified their customers via a letter on August 30th, leaving few reasons why they were stopping their PII cover. Instead, the company […]
Conveyancing Hits The Brexit Buffers As 10% Drop Activity Means Slowest Quarter For Two Years
Search Acumen Conveyancing Market Tracker – Q2 2019 edition Total conveyancing transaction volumes fell by over 10% on a quarterly basis and 20% since Q2 2016 as Brexit uncertainty plagues the market The top 200 conveyancing firms now collectively control two fifths of the market – a record share The number of active conveyancing firms […]
Older Homeowners’ Confidence In Property Market Deteriorates
Sentiment in the housing market and wider economy continued to deteriorate with older home owners. According to new research, conducted by Just Group, almost half (46%) of people over 50-years-old are confident that the property market will decline further over the next 12 months. Over half (54%) speculate that the wider economy will also stumble […]
August’s Agreed Sales Soar 6% Year On Year
The usual summer slowdown could be turning into a bustling marketplace as buyers look to beat the Brexit deadline. According to data from Rightmove, the number of agreed sales is 6.1% higher than August 2018, suggesting that buyers are determined to complete their home move before the October 31st deadline. Whilst areas around the South […]
The Next Chapter In Conveyancing: A Must-Attend Modern Law Conference.
Calling all conveyancers looking to deliver a more streamlined and effective customer-focused service, the Modern Law Conveyancing Conference 2019 will be packed with essential information to help firms strategise and plan their conveyancing futures. Featuring an interactive interview format, broken into bite-size modules chaired by and featuring panels of industry leaders, the full day conference […]
Free webinar: What happens if your law firm falls victim to a cyber attack?
According to reports, businesses were attacked by cyber criminals on average every 50 seconds between April and June this year. After conducting our own research of 100 law firms, we discovered that 82% of those we spoke to, didn’t have the Government recommended Cyber Essentials Accreditation, leaving the door wide open for criminals to exploit. […]
Conveyancing Protocol Takes Effect Today
The Law Society has today, Monday 19th August launched its Conveyancing Protocol 2019, which has replaced the previous 2011 version. The update comes following changes to the Conveyancing Quality Scheme effective from May 2019 and addresses some of the most significant changes in conveyancing since the release of the previous version. Most notably the new […]
New Agricultural Report – What Are The 5 Main Environmental Risks Associated With Agricultural Land Uses?
Agricultural land uses and farming take many forms; arable and pastoral, and/or organic and intensive. Although farming has moved in recent years towards more organic methods, intensive farming methods are still very common and widely used commercially[1]. The agricultural activities at intensive farms can pose a variety of risks to the surrounding environment through contamination […]
The 2020 National Paralegals Awards Is Now Open
The National Paralegal Awards are back, with entries now open to find the Best Paralegals in the UK and businesses that support the industry. Rita Leat, Managing Director of The Professional Paralegal Register who host the awards said: “We are delighted to host these annual awards to showcase and reward the work of Paralegals across […]
Search Acumen Comments On ONS Construction Figures
Andy Sommerville, Director of Search Acumen, comments: “UK construction continues to run, but nobody seems to know what on, or indeed, for how long. Elsewhere this week, experts have been discussing a potential crisis hitting the property market in twelve weeks’ time as UK markets continue to bristle with anxiety ahead of the Brexit deadline. […]