Law Firms Overwhelmed By Daily Spoofing, Phishing And Financial Loss
Experts have warned that 0.8% of the world’s GDP or around $600 billion is lost to cyber crime each year, yet reports suggest the legal sector is ill prepared for dealing with and preventing cyber attacks. If it is not already, protecting your firm from the risk of cyber attack should be high on your […]
The Tenants Fees Act, Reducing Landlords And Increasing Rents
On average, five landlords per letting agency branch have decided to exit the buy-to-let sector. The Association of Residential Letting Agents (ARLA) report for April has highlighted an average reduction of five landlords per branch. This has increased from four in March as the Tenants Fees Act, increased surcharges in stamp duty land tax and […]
SRA Issue 217 Scam Alerts Last Year And Three Last Week
The SRA have confirmed that at least three more law firms’ details have been stolen by fraudsters in the past week alone. Two of the fraudulent attempts used spoofed websites in order to convince unsuspecting members of the public to part with their money by instructing and paying the bogus firm. One additional fraud has […]
Terrafirma Feature On BBC’s The One Show
Terrafirma’s CEO and Founder, Tom Backhouse, recently travelled to St Albans to film with BBC The One Show. Using new and emerging technologies, such as satellite observation and data modelling, Terrafirma can peel back time, and the ground, to reveal what lies beneath. The feature shows residences who have been evacuated from their homes due […]
Start Up Offers Guaranteed Conveyancing Process To Completion Within 40 Days
A conveyancing start up, offering a premium conveyancing service, will repay the cost of all fees if they are unable to complete the conveyancing process, to completion, within 40 days. Conveyancing firm, Muve, created by David Jabbari, Dan Watkins and Claus Werner have introduced MuveFast to the market. For the price of £1,199 plus VAT, […]
Simplify Increase Scale Of Business Through Office Move
Following the amalgamation of My Home Move and Simplify Group, the business has solidified itself as the leading provider of mover conveyancing services in the North East by increasing the size of their Northern offices. Yesterday, Simplify announced that their Newcastle offices have moved from their substantial offices to a larger premises that will allow […]
Property Sales And Mortgage Approvals Rise Whilst Housing Stock Falls
The property market’s resilience has become clear as housing sales agreed per estate agency branch have increased to the highest level since October 2018. April’s NAEA Propertymark Housing Report has found an average 8 property sales agreed per branch compared to 7 in March; this figure marked the first increase in agreed sales in 2019. […]
Money, its movement and its implications
I wanted to share my thoughts on potential threats to the legal sector in my own “left field” sort of way. I am going to focus on probably the most important factor of daily business, money. Legal firms have some of the most stringent guidelines to adhere to when funds move through client accounts. Not for […]
Tenant Fees Act’s Saturday Launch Causing Landlord Anxiety
As the new Tenant Fees Act comes into force on Saturday, the anxiety for landlords and agents to ensure they are compliant is starting to increase. A recent survey of 1,000 landlords, completed by Just Landlords, found that 49% believe that the Tenants Fees Act is likely to increase rents as landlords leave the sector […]
Public Deterred By Lack Of Cost Certainty In Legal Sector
Almost two thirds (58%) of the population remain disheartened with the legal sector, concerned that the current system does not adequately represent ordinary people with a further 79% searching for access to legal services to become easier. According to the joint survey carried out by the Solicitors Regulation Authority (SRA) and Nesta Challenges, a huge […]
Abolition Of Section 21 Opens Floodgates For Landlord Exodus
A comprehensive survey into the buy-to-let sector has found that almost half of landlords are looking to sell all or most of their buy-to-let portfolio if Section 21, ‘no fault’ evictions are abolished. 2,990 landlords or 46% of the Residential Landlords Association’s (RLA) survey of over 6,500 landlords are looking to dilute their investments or […]
Webinar: Understanding Asset Risks for Commercial Property
Thames Water Property Searches and Future Climate Info are offering you a free webinar to understand asset risks for commercial property. In this session we take a detailed look into Future Climate Info and the suite of commercial products available together with the FCI approach to environmental due diligence ahead of site acquisition to fully […]
SearchFlow Pledges Support To The 2019 London Legal Walk
SearchFlow – the UK’s leading provider of search solutions and legal reports – is sponsoring this year’s London Legal Walk, which raises money to support access to justice in the community. In 2018, a record-breaking £830,000 was raised for support free legal advice charities in London and the South East by over 13,000 people who […]
How Cyber Ready Is Your Law Firm? Take Our Survey Today
Today’s Conveyancer (Part of the Practical Vision Network), have launched a sentiment survey in association with Lawyer Checker to understand firms engagement with cyber risk. If it is not already, protecting your firm from the risk of cyber attack should be high on your agenda. According to HM Government there are around 1,400 criminal organisations […]
Fletcher Longstaff Boast Top Conveyancing Spot On Trustpilot
Having only formed in 2014, Lincoln based Conveyancing firm, Fletcher Longstaff, are now able to boast the number one national position on customer review portal Trustpilot for conveyancing . Of the 504 reviews they have currently received, 96% have given them the top 5-star review and deemed their services as excellent. The remaining 4% also […]
SRA Annual Report Indicates Increase In Conveyancing Fraud
Money paid out on property related issues by the Solicitors Regulation Authority (SRA) through the compensation fund has increased for a third year in a row. According to the data released from the SRA’s 2017/18 Annual Review, which was released yesterday, conveyancing problems resulted in £7.9 million of the £18.1 million being paid out to […]
Webinar: Do You Know The Difference Between Coal And Brine?
Join Chris Milne, Technical Director at Terrafirma when he will be answering your questions and discussing ’10 things you didn’t know about Coal and Brine’ What will be covered? Addressing misconceptions regarding coal mining and brine pumping Clarifying what the Cheshire Brine Subsidence Compensation Board covers Facts and origins of salt and brine Case studies and […]
April’s UK Property Transactions Withstand Brexit Storm
UK property transactions are withstanding the Brexit storm better than expected between March and April. The property market showed mix signs this week as property transactions continue to fall slightly between March and April but have increased compared with April 2018. According to the Office of National Statistic’s (ONS) UK Property Transactions Statistics for April […]
The Shift Towards Digital Mortgages is Well Underway, says Land Registry
As we continue charging headfirst into the digital age, the shift towards quick, convenient and paperless online service seems inevitable for industries across the board – and conveyancing is no exception. The latest soundings from HM Land Registry suggest that the traditional mortgage market is set to undergo massive transformation over the coming 12 months, […]
LSB Grants Proposed Changes To November’s SRA Standards
The Legal Services Board (LSB) has granted the Solicitors Regulation Authority’s (SRA) application in full to change a number of the regulatory arrangements in the Standards and Regulations that are set to come into force on November 25th 2019. Yesterday morning (21st May 2019), the LSB published a decision note detailing the possible changes to […]