Two-thirds of customers remortgage for lower rates as competitive offers spike in the New Year
One in five increased the size of their loan by more than £10,000 to pay off debts or make home improvements More than four-fifths took the opportunity to switch lenders Almost half consulted with an independent mortgage adviser or broker before remortgaging Almost two-thirds (62%) of remortgage customers in January remortgaged to take advantage of […]
myhomemove wins Best Conveyancing Service 2015
myhomemove, the UK’s leading provider of mover conveyancing services, has received the award for ‘Best Conveyancing Service – Individual Firms’ at the Mortgage Strategy Awards 2015. Held at the Grosvenor House Hotel in London last night (25th February), the awards celebrated the intermediary mortgage market’s successes over the past year. myhomemove also won a conveyancing […]
Land Contamination
Lead poisoning is a serious and sometimes fatal condition. Lead is a highly toxic poison which slowly accumulates in the body over a period of months or years. Symptoms and signs of lead poisoning can be varied, affecting many different parts of the body, with even small amounts of lead causing sombre health problems, effecting […]
New property crowdfunding platform boasts early popularity
Last month the residential market took another unusual step into the impending modern era with the launch of residential property crowdfunding company Property Partner. The newly established company is trading with the aim of purchasing rental properties and then subsequently allowing investors to finance sums of £50 and upwards in the property. Investors in these […]
Nuisance calls and text messaging: pressure to lower legal threshold before Election
At the desire of DCMS (The Department of Culture, Media and Support), the consumer association were asked to examine the increasing issue of unwanted marketing calls and text messaging. The Nuisance Calls and Text Task Force were asked to report on the way businesses access and use customer data which are used to cause unwanted […]
What the next government must do – the lenders’ perspective
It’s virtually impossible to predict how this year’s General Election will affect the property market and impact conveyancing. With just months to go until the big day, many industry professionals are putting forward strong arguments and proposals that aim to advise the Government on the best policies that will favour the property sector. But are […]
Remortgaging receives welcome boost in January – number and value of loans rise by 20%
Remortgage share of the mortgage market increases to 28% – the largest amount since September 2013 Total amount of equity withdrawn by remortgaging rises 40% in a year but average amount of equity released per customer falls by a third as families feel welcome respite in the New Year The latest figures from LMS reveal […]
NAEA and ARLA launch 2015 Housing Manifesto
Members call for better supply, enhanced regulation, and a change to property taxes The National Association of Estate Agents (NAEA) and Association of Residential Letting Agents (ARLA) launched its 2015 Manifesto today at the third consecutive NAEA Conference, Agents of Change, where Brandon Lewis MP, Minister of State for Housing and Planning, Department of Communities […]
How can a telephone answering service help your firm?
Does your firm want more Instructions?
iCompile Searches are offering a simple yet intuitive opportunity for your law firm to receive more Conveyancing instructions. So what’s the catch? It’s simple, use iCompile for all your search work and we will provide your firm with 1 live conveyancing instruction for every 2 search bundles you order from us. Our clients will be […]
Ochresoft looks to leverage CML membership
Legal workflow specialist Ochresoft has become an associate member of the Council of Mortgage Lenders (CML). Given the influence of lenders on all aspects of the conveyancing process with particular reference to lender panels, membership is seen as key to helping Ochresoft remain close to sector issues, aware of trends and thinking, and responsive to […]
Legal Compliance Today site launch
Today marks the official launch of Legal Compliance Today – sister site to successful conveyancing news site, Today’s Conveyancer, as well as wills and probate news site, Today’s Wills & Probate. The latest addition has been set up to inform Compliance Officers within law firms of the latest legislation and advice that allows firms to remain […]
The housing supply and demand balancing act
The latest gross mortgage lending statistics for January from The Council of Mortgage Lenders shows lending has decreased from £16.6 billion in December, to £14.3 billion in January – plummeting 14% in just one month. This level is also an 11% decline compared to January 2013. According to Bob Pannell, Chief Economist at CML, this […]
UK’s legal call handling expert Moneypenny launches in the US
Having revolutionised the face of telephone answering and outsourced switchboards in the UK, Moneypenny has launched its pioneering service to law firms in the US. The company, which in 15 years has gone from a £10,000 start-up to the biggest business of its kind in the world, supports over 7,000 businesses including 900 law firms […]
McMillan Williams choose Quick Quote from Searches UK
South-East based McMillan Williams are delighted to announce that they will be offering a conveyancing estimate and referral service powered by Quick Quote to their clients internally and externally from February 2015. McMillan Williams have an experienced team of professionals working from their 22 branch network within the South East. Paul Miller from McMillian Williams […]
Stephensons Solicitors launches App to support clients through their life story
After the resounding success of Stephensons’ exclusive membership Constant, which launched last August, the firm has developed an app to provide even faster support to members, wherever they happen to be. Constant is an exclusive membership scheme for Stephensons’ clients. Free to access, it offers legal support and a host of additional extras for all […]
Flood risks – are you doing enough to protect your clients?
With an estimated 1 in 5 properties in the UK at high risk of flooding, it is increasingly important for home buyers to carry out searches which expose any risks in respect to flooding, yet results from a recent Searches UK survey reveal that only 60% of Solicitors or Conveyancers are advising their clients to […]
First time buyer market sees positive growth
Recent figures show that in November 2014, prices paid by first time purchasers were 11.0% higher on average than in November 2013. For existing property owners, prices increased by around 9.5% for the same period. Referring to the figures below published by LSL Property Services, the average sum paid for a first property in the […]
The CLC’s Compensation Fund
CLC consulting on changes to the Operating Framework of its Compensation Fund Designed to give applicants greater clarity as well as being aligned to the principles of Better Regulation Deadline for responses 31st March The CLC wants to hear from past applicants to the Compensation Fund, the Regulated Community, policy-makers and consumer representatives about its […]
QRS – Driving higher conversion rates
A recent poll reported that for 1 in 5 clients the quality of enquiry handling influenced their decision to instruct a conveyancer and for 17% the speed of enquiry response was also a factor.* With QRS, you can transform the effectiveness of inbound enquiry handling and improve quote conversion rates in just three easy steps: […]