2022 industry predictions: what lies ahead?
As the new year commences, it’s time to take stock on the 12-months that have passed and to take our new learnings and ever-improving best practice into the coming year. For those lawyers operating in the residential property market, I am sure I am safe to say that the industry is looking forward to a […]
What 2021 taught property lawyers and conveyancers
Chris Loaring, managing director of Landmark Legal looks ahead to 2022 to consider the trends we may see in property conveyancing and real estate law: “As we look forwards, I thought it would be valuable to take stock of the industry changes this past year to give us a comparison of trends we see continuing […]
How to set your conveyancing firm up for success in 2022
At this time of year, law firms around the country are busy strategising and implementing plans for the coming 12 months. Forward-planning is a crucial part of a firm’s success, but it can be hard to know where to start. That’s why we at Clio have devised a two-step process, based on research from our […]
Firms should prepare now for the surge in remortgage instructions
With inflation at the top of many people’s minds right now, remortgage instructions have been surging. According to data released by LMS, October saw a 35% increase in instructions from homeowners. What’s more, with the Bank of England announcing on 16th December a base rate increase to 0.25%, the remortgage market is bracing itself for […]
Judge Spotlight: Lorraine Richardson, MD Adapt Law Limited
Judging awards ceremonies can often be a thankless task. But without the support of the people who spend hours toiling away reviewing the submissions, the awards simply would not happen. On behalf of Today’s Conveyancer and Headline Sponsor Dye & Durham, we are incredibly grateful to all our judging panel who we are showcasing through […]
Judge Spotlight: Lucy Morrison
Judging awards ceremonies can often be a thankless task. But without the support of the people who spend hours toiling away reviewing the submissions, the awards simply would not happen. On behalf of Today’s Conveyancer and Headline Sponsor Dye & Durham, we are incredibly grateful to all our judging panel who we are showcasing through […]
2022 property market predictions from UK’s leading search firm
Housing demand will continue to outstrip supply Government backed schemes continue to support first time buyers House prices will continue to rise – supporting a resilient market predicts X-Press Legal Services, a leading UK search provider. X-Press Legal Services carries out a comprehensive range of property searches producing the reports required for all property […]
New industry-first partnership set to reduce mounting PI premiums and protect conveyancing firms from costly SDLT calculation errors
The largest independent property search firm X-Press Legal Services has partnered with tax specialist firm Compass – integrating its industry first compliant SDLT calculator into its suite of online conveyancing services. The partnership is launched as a growing number of claims against conveyancers for incorrect calculations drives a rise of up to 30% in PI […]
tm:tv special: are you surviving or thriving in “the new normal”?
Put 18th January in the diary! tmgroup, mio and Conveyancing Data Services (CDS) are kicking off 2022 with a tm:tv special to coincide with the launch of their newest research report – The New Normal. The report brings together the voices of nearly 800 property professionals, including residential conveyancers, commercial real estate professionals, estate agents, […]
Leaseholders in limbo set to be more proactive in 2022
Homeowners are expected to be more proactive in 2022 as they seek to escape from short leaseholds and onerous ground rents which have left them unable to sell their properties. Leasehold expert Jonathan Frankel, a partner at national law firm Cavendish Legal Group, saw an increase in enquiries last year from people unwilling to continue […]
Mishcon de Reya fined for AML failures
London law firm Mishcon de Reya will pay £232,500 over several breaches relating to money laundering rules, it has been announced. The penalty of £232,500 was agreed between the firm and the SRA who said that the fine should equate to 0.25% of the firm’s £155m turnover, minus reductions of 40% for mitigating factors. The […]
Webinar: SDLT insights and key developments with Sean Randall
InfoTrack is delighted to welcome back Sean Randall, Partner at Blick Rothenberg and self-titled “Stamp Duty Guru”, who will discuss all SDLT-related developments to keep you and your firm up-to-date. During this 45-minute webinar Sean will: – Cover the latest SDLT case law. – Discuss the government’s consultation on reforming the mixed-use and multiple dwelling […]
Webinar: easy digital AP1 submissions with InfoTrack
AP1s are going completely digital in 2022, ensure your firm is across everything they need to know to prepare for the transition. With more than half a million AP1s submitted digitally via InfoTrack since 2016, we’re the leading provider that can help you navigate the changes with ease. During this 30-minute webinar, Alex Duke, Product […]
£3.4bn worth of new-build homes sold in 2021
New research reveals where the new-build sector made the biggest impact on the property market in 2021 based on transaction levels and the total value of new homes sold. The research, conducted by Warwick Estates based on data provided by HMLR, shows that to date, 8,714 new homes were sold across England and Wales in […]
Millennials choose mortgages over marriage
An exclusive survey conducted by the UK’s largest family law firm, Stowe Family Law, reveals that millennials are spending less on weddings and instead prioritising mortgages. The firm’s survey, which polled 500 people across the UK, reveals that 23% of 18-24-year-olds felt that over £25,000 is a sensible wedding budget. Despite this, the amount couples […]
Judge Spotlight: Paul Coombes
Judging awards ceremonies can often be a thankless task. But without the support of the people who spend hours toiling away reviewing the submissions, the awards simply would not happen. On behalf of Today’s Conveyancer and Headline Sponsor Dye & Durham, we are incredibly grateful to all our judging panel who we are showcasing through […]
Judge Spotlight: Jane King
Judging awards ceremonies can often be a thankless task. But without the support of the people who spend hours toiling away reviewing the submissions, the awards simply would not happen. On behalf of Today’s Conveyancer and Headline Sponsor Dye & Durham, we are incredibly grateful to all our judging panel who we are showcasing through […]
Mortgage approvals down but continue to exceed expectation
Latest mortgage approval figures released by the Bank of England show that 66,964 mortgages were approved in November of last year. While down slightly on the previous month, figures remain some way above the forecasted number of 65,400. Consumer borrowing, excluding mortgages, however is up 0.4% in a year – the first positive annual growth […]
2022 property market forecast – still busy…but not quite so manic!
As an unprecedented year draws to a close, with the highest annual volume of sales and purchases since 2007, conveyancers and other property professionals may be breathing a sigh of relief and looking forward to a well-earned rest. But what will the property market look like in 2022? With the threat of Omicron looming, and […]
Webinar: understanding contaminated land, designation and assessment
This new webinar marks the start of our Compliance series which will include various sessions. This session is particularly useful as an introduction to contaminated land and its potential impact on transactions. By the end of the session, you will have an appreciation of the how land becomes contaminated, how sites become designated and the […]