Technical Specialists Appointed To Ready Land For Future Builds
Homes England have appointed technical specialists to help facilitate three national framework panels as the government prepare to ensure more public sector land, both brown and green belt, is fit to build upon. Homes England is looking to support the public and private construction sector where building of new homes is being delayed and hindered […]
Section 21 Abolition Potential Catalyst For Landlord Exodus
Following the Government’s recent plans to abolish Section 21 notices or no fault evictions, the National Landlords Association (NLA) have launched a national postcard campaign which aims to inform the public and the government of the perceived negative impact revoking the current legislation would have on the private rental sector. The postcard highlights the anxieties […]
Bank Of England Predict Property Decline Amidst Brexit Uncertainty
Despite the number of sales received for registration increasing slightly between February and March, since the turn of the year sales received for registration have fallen by 11%. According to the HM Land Registry’s Price Paid Data for March, the 99,372 sales received for registration in January have dipped to 88,531 in March, the most […]
How InTouch Can Help With Conveyancing Quality Scheme Updates
Originally launched in 2011 under plenty of idealism and fanfare, the CQS was created to recognise and increase standards in conveyancing. The Law Society is bringing in significant updates to The Conveyancing Quality Scheme (CQS) to further drive improvement in best practice, and client service. A breakdown of the latest round of changes and updates […]
Coodes Solicitors Nurturing And Developing Expert Talent
Coodes Solicitors have highlighted the importance of nurturing staff, training them and helping them develop as they have promoted four new Partners and four new Associates in recent weeks. According to The Annual Law Firms’ Survey 2018, many law firms have struggled to retain their top specialist talent. 84% of the top 100 law firms […]
HomeLet Joins List Of Leading Suppliers Supporting The ESTAS 2019
HomeLet, the UK’s largest tenant referencing and specialist letting insurance company, has been announced as an ESTAS partner for the 16th annual ESTAS Estate & Letting Agent Awards, which will take place next on Friday 10th May. The ESTAS, whose headline sponsor is Zoopla, is a customer feedback platform and national award scheme which recognises […]
Law Commission Recommend Improved Right To Manage Legislation
The Government requested that the Law Commission review the Right to Manage (RTM) legislation in July last year. The consultation paper has now been released with a number of amendments suggested to the current legislation. The consultation has now closed with the Law Commission and participating contributors clear that RTM legislation needs improving if property […]
The Law Society’s Conveyancing Quality Scheme Is Changing
With changes to the Law Society’s Conveyancing Quality Scheme (CQS) coming into effect from 1st May 2019, Joanna King, Legal and Compliance Analyst from Ochresoft – the legal workflow software specialist for conveyancing and private client lawyers – provides an insight into what the changes mean to legal services providers across the country: The Law […]
Updated CQS Core Practice Management Standards Enforced From Today
All accredited Conveyancing Quality Scheme (CQS) firms must adhere to the new Core Practice Management Standards (CPMS) from today 1st may 2019. All CPMS regulations are now enforceable to all legal practices that have already gained CQS accreditation, as well as those working towards achieving CQS for the first time. Following the Solicitor’s Regulation Authority’s […]
Resolution Service Offers Interest-Only Mortgage Prisoners Options
Currently, there are around 1.7 million interest-only mortgages outstanding in the UK. When 200,000 of these mortgages are due to mature by 2020, it is understandable that a huge number of borrowers and lenders are concerned about what will happen once the loan agreement deadline has passed. In the time before the financial crisis in […]
CA issues response to Law Commission’s consultation on Leasehold Home ownership: Exercising the Right to Manage
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today (Monday 29th April 2019) announced it has responded to the Law Commission’s consultation entitled, ‘Leasehold home ownership: Exercising the right to manage’. The consultation paper was published in January this year and the deadline for responses will pass on the Tuesday […]
Nearly 70% Of Solicitors Suffer High Levels Of Stress
Two thirds (66%) of solicitors are currently experiencing high levels of stress, according to the latest findings from the Bellwether Report 2019 titled ‘Stress in the Legal Profession: Problematic or Inevitable’, published by LexisNexis UK. It highlights that stress is an endemic issue in the legal profession but most solicitors working for law firms are […]
61% Of Firms Breached In The Past Year
Three in every five global firms have reported a serious data breach in the past year. The Cyber Readiness Report 2019, conducted by insurer Hiscox, found that 61% of firms have been breached in the past year; a huge jump from the 45% that reported a breach in 2018. In the UK alone, this figure […]
Over-55s Over Reliant On Home Equity In Financing Their Retirement
Almost a quarter of women over the age of 55-years-old are massively unprepared for financing their retirement. A recent report of 1,000 people over the age of 55, carried out by Sunlife, has found that one in four (24%) women over 55-years, who own their home, do not have a private pension set up in […]
New Holistic Department Policing Letting And Estate Agencies Launched
A new umbrella team has been set up to oversee and police all regulatory legislation for both estate and letting agents. Under the new holistic department, The National Trading Standards Estate & Letting Agency Team (NTSELAT) will oversee and enforce the Estate Agents Act 1979 as well as the new Tenants Fees Act that will […]
Lack Of Available Small Homes Deters Downsizers From Moving
A lack of available housing continues to plague the property market, with potential downsizers being deprived of appropriate property which could influence them in making the move into a smaller home. According to a recent report by retirement experts, Responsible Life, 66.7% of areas across the UK have substantially more four-bedroom accommodation than two-bedroom homes, […]
Poor Password Protection Leaves Conveyancing Sector Vulnerable To Data Breaches
Millions of people across the globe continue to use hack-able passwords, underestimating the importance of creating a unique password to protect themselves, their business and clients from cyber criminality. The inaugural UK Cyber Survey, released by the National Cyber Security Centre (NCSC), has found that over 23 million people are still using ‘123456’ as their […]
Student Spotlight: Section 21 – The Impact Of No Fault Evictions Ban
An overview On Monday April 15th 2019 it was announced that landlords will no longer be able to evict their tenants without a legitimate legal reason. This could mean victory for many of the country’s renters. The government have announced that they plan to end section 21 evictions (a way for landlords to ask their […]
Quarter One Report Blames Reducing New Listings For Sluggish Market
Reducing property instructions and a lack of new listings is causing the property market to remain sluggish in the opening quarter of 2019. According to the TwentyCi & Property Homemover Report 2019, the 430,000 new listings entering the market in the opening quarter of this year represents a 5.3% drop on 2018’s opening quarter. In […]
Conveyancing Developments In Europe, China, And The Middle East
With the media in the UK consumed by news of Britain’s imminent (we think) departure from the EU, it is a refreshing revelation that out there, in the big, wide world, other nations are concerned about non-Brexit matters and getting on with life and business as usual. Law firms with clients looking to invest in […]