Data released on improving completion process

A new report from View My Chain, compiled using unique property transaction data, is giving the property industry its first robust insight into the issues in buying and selling, highlighting potential solutions that could speed up the process and reduce fall-through rates. Transactions have been tracked from sale agreed to completion, capturing data on timescales, […]

Free Step-by-Step Conveyancing Guide for law firms

Free Step-by-Step Conveyancing Guide for law firms* The Government announced last week that thousands of first-time buyer homes will be built this year. As conveyancers we all know that first time buyers need a helping hand and a better understanding of the home buying process. It’s why Editor Assist have written a step by step […]

Conveyancing Association continues unabated with leasehold campaign

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The Conveyancing Association (CA) has today confirmed it will continue unabated with its campaign to reform and amend the leasehold transaction process, despite recent developments.  In August, the CA announced a number of recommendations it wished to see applied in order to cut back on what it sees as significant delays and overcharging taking place […]

CLC publish report saying 77% of members see them as good value for money

The Council for Licensed Conveyancers have published their annual Stakeholder Perceptions Report. The report goes over much of the same ground as the Legal Services Board’s recent report, which the CLC says gave them a “solid endorsement” on it’s regulatory standards. The LSB report stated regulation in general was seen as poor value for money […]

A hole lotta trouble in London

Following another incident involving development works and the London Underground, Groundsure has created the Groundsure Underground report designed specifically for conveyancers to ensure identification of the location and depth of existing and proposed London Underground lines.

Buy-to-let scramble boosts monthly mortgage lending 20%

The scramble to snap up buy-to-let properties ahead of April’s stamp duty rise has boosted lending for the sector to its highest level in nine years. The data, published by chartered surveyor e.surv states buy-to-let lending has risen 20.6% in January; from 70,837 purchase approvals to 85,432 last month. House purchase lending has also ramped […]

Average Property in England and Wales price rises past £290,000

Property prices in England and Wales rose 0.2% in January, according to Your Move Reeds Rains House Price Index. The index, published by the estate agents group puts the average rise at £688 with the North West of England seeing the biggest rise year on year, with an 8.8% rise. However price rises are lower […]

Law Society sets out five year vision for Legal Services

The Law Society has published a report outlining how it sees the legal profession changing between now and 2021. The report titled “The Future of Legal Services” outlines five drivers of change: global and national economic developments; how the public and corporate clients buy services; technology and process innovation; new entrants and wider political agendas. […]

Price rises accelerate despite winter slowdown

House prices increased 1.2% from November to December according to Land Registry’s House Prices Index (HPI). This marks an acceleration from November’s month-to-month increase of 0.4%. The rise puts the average house price in England and Wales at £188,270, up 6.4% on twelve months ago. Regionally, prices in the capital rose fastest, up 2.1% and […]

Number of High Court negligence cases against law firms halves

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The number of High Court cases against solicitors has dropped by 47%, according to law firm RPC. The number of cases brought against firms in 2013-14 was 418, with 218 cases brought in 2014-15 although RPC say much of the pain from the previous year is yet to be felt with many cases still frozen. […]