Majority of small-medium firms plan growth and invest in tech – report

LexisNexis Legal & Professional have released a new report – Bellwether 2024: Lessons on law firm growth – which reveals nearly two-thirds of small- and medium-sized firms plan to grow in the next five years, and they’re investing in technology to help them get there. The survey of 265 associates and senior leaders at small- […]

Conveyancers critique new TA6 forms as they are set to become mandatory

Fresh waves of criticism surrounding the mandatory completion of TA6 forms suggest that the new document is ‘overwhelming’ for both conveyancers and clients.  The new forms are due to become compulsorily required by the Conveyancing Quality Scheme (CQS) on the 25th June. A survey conducted by Bold Legal Group reveals that 70% of conveyancers feel […]

Australia visit to promote legal and tech trade with UK

Justice Minister Mike Freer has taken a trip overseas in a bid to promote legal and tech trade deals between the UK and Australia.  Freer led a delegation of UK professionals specialising in legal tech services to interact with Australian professionals in a series of workshops and networking events arranged by the Department for Business […]

Investors warn of £30bn compensation bill facing the next Government, as new poll reveals appetite for service charge regulation

Residential property investors, represented by the Residential Freehold Association (RFA), have written to the Chair of the Office for Budget Responsibility (OBR) to warn that the Government’s leasehold reform proposals to retrospectively cap residential ground rent could expose public finances to a potential compensation bill of up to £30 billion, due to the interference with […]

Case made to parliamentary committee about making home buying and selling process fairer

A case was presented to the Levelling Up, Housing and Communities Committee regarding the obstacles to improvements and the regulation of property agents. Timothy Douglas, Head of Policy and Campaigns at Propertymark, presented evidence to the Committee, chaired by Clive Betts MP, on 13 May regarding the obstacles to improvements, and the regulation of property […]

Shrewsbury town council reclaims mistakenly sold land for £1.34m

In a move to rectify a previous oversight, Shrewsbury Town Council has repurchased a portion of Greenfields recreation ground for £1.34 million. Originally sold in 2017, the sale was later invalidated by the Supreme Court following a concerted effort by local residents. Council leader Alan Mosley emphasized the collaborative approach moving forward, stating that the […]

UK homeowner in court after property infiltrated by Japanese Knotweed

A victory in court regarding Japanese Knotweed has been overturned, after Bridgend Council repealed a decision last week that saw a UK homeowner win his case against the local authority, after the invasive plant infiltrated his land.  In February Mark Davies won a case against his local council after his property was ravaged by the […]

Victorian homes reign as most sought-after period property style 

New data shows that Victorian architecture commands significant appeal in the UK property market as historical homes top the nation’s search history.  The wealth of period properties across Britain boasts house designs from Georgian, post WWII and Victorian Britain – but it’s the allure of the gilded age that has homebuyers captivated. Data from property […]

One in three people who took a survey saved money when buying a home

Research has revealed that one in three UK homebuyers have saved money on property after taking a survey prior to purchase. The HomeOwners Alliance say that almost 60% of homeowners who bought within the last five years confirmed they had undertaken a RICS house survey or new build snagging inspection.  The latest reports show that […]

Lawfront takes on third acquisition in a year, bringing revenue to £70Million

It was announced earlier this month that Slater Heelis has joined fast-growing legal services group Lawfront – taking their revenue up to £70M. Slater Heelis is a firm of solicitors headquartered in Manchester, consolidating Lawfront’s position in the UK’s North West. Slater Heelis will be Lawfront’s eighth acquisition, its third in the last twelve months, […]

How demand for smaller homes drove upturn in property prices

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A demand f0r smaller homes has driven an upturn in property prices, as the latest research from Halifax shows that UK property prices rose by an average of 1.9% over the last year, and affordability constraints for first time buyers have supported the market for smaller homes.  A large proportion (90%) of first time buyers […]

Large amount of planning applications refused despite housing crisis

Despite the ongoing housing crisis in the UK, London and the South East of England have the highest proportion of developer planning applications in the country, according to new data. Councils have warned they run the risk of going bankrupt in the next year.  Property data provider Search Acumen has found that at least one […]

Moving conveyancing ‘up stream’ – an opportunity not to be missed (again!)

Concerns about change are natural, but of course if you didn’t have them, you might think you don’t care enough about the work, and you’re prepared to allow change to happen without fully understanding what the consequences can be. I certainly get that. Change can be scary, particularly if it involves the changing of the […]

March witnessed a ‘customary transitional phrase’ in the remortgage sector

March demonstrated signs of stability with an increase in completions accompanied by a decrease in cancellation rates. This trend suggests an “underlying” stabilising effect within the remortgage market, according to LMS’s recent March Remortgage Snapshot. The data revealed that 16% more remortgages were completed in March and 44% of borrowers opting to increase their loan […]

Calls for ‘radical change’ to fix broken housing market

A new report from the Building Societies Association (BSA) has found that significant changes are required if we are to help prospective first-time buyers get onto the property ladder in the current housing market. It also warns that policy solutions that help today’s first-time buyers mustn’t compromise the homeownership prospects of future generations. This report, […]

Half of parents wish they could help adult children to buy a home

There has been a generational decline in homeowners, and new research has shown that over half of those on the property ladder with adult children have or expect to help their children financially when buying a home. The latest research by HomeOwners Alliance shows that homeowning parents worry about the prospects of their adult children […]