As mansion tax rumours become fact, expert share their views on its impact

A large semi detached house in London

Of the many rumoured changes to the system of property taxation, the mansion tax – or ‘high value council tax surcharge’ – was the only significant measure introduced by the chancellor in her autumn budget. From 2028, an annual ‘high value council tax surcharge’ of £2,500 for properties worth between £2-5 million and £7,500 for […]

Now the wait is over, how will the housing market react to the budget?

A row of for sale signs outside a block of flats

A Rightmove survey of 10,000 potential movers carried out before the budget found almost one in five (17%) had paused their plans due to uncertainty about any potential changes to property taxes. Now the wait is over, and many of the rumoured changes failed to materialise, what does that mean for the housing market? Experts […]

Support LawTech and reassess reserved activities to boost legal sector, MoJ report finds

Sarah Sackman ©House of Commons

The legal sector of the future will be centred on tech-driven cross-border solutions built around individual needs, according to a new report commissioned by the Ministry of Justice. The report also questions whether reserved activities ‘continue to make sense in an increasingly digital world’. The report, produced by specialist legal advisory firm Hook Tangaza, offers […]

Government-backed cross-sector coalition aims to boost digitalisation of home buying 

A simple house outline made of neon, being held up by a hand

A government-backed cross-sector coalition to coordinate initiatives that enable digitalisation in the property market has been launched by the Centre for Finance, Innovation and Technology (CFIT). The Open Property Coalition will build on existing research, industry pilots and stakeholder initiatives to explore how emerging technologies can ‘re-imagine’ the home buying process. Organisations backing the coalition include […]

CLC launches accelerated qualification for experienced fee earners

A magnifying glass held over a symbol of a certificate on a yellow background

The Council for Licensed Conveyancers’ (CLC) has launched an accelerated route to qualification for fee earners with experience in conveyancing and probate. The ‘professional experience’ route allows fee earners to bypass the Level 4 Diploma, which qualifies them as a conveyancing or probate technician, and progress directly to the Level 6 Diploma, after which they […]

Cost of moving jumps 27% in a year, with conveyancing costs up 8%

A small wooden house, miniature boxes on a trolley and a calculator all placed on a table

Home movers pay an average £17,831 in upfront costs when buying and selling a property – up 27% since 2024 – according to the latest Cost of Moving Report from comparison website reallymoving. London movers pay almost twice as much, with average costs of £32,786, while first-time buyers pay an average of £2,315 to move […]

CILEX asks for permission to appeal Mazur ruling

Royal Courts of Justice

The Chartered Institute of Legal Executives (CILEX) has applied for permission to appeal to the Court of Appeal against the Mazur judgment, the High Court ruling that legal executives cannot conduct litigation, even under supervision by authorised firms. In a statement issued yesterday, CILEX said it ‘has held serious concerns’ about the ruling from Mr Justice Sheldon since it […]

Propertymark data suggests ‘clear challenges ahead’ for housing market

Two older ladies walk past an estate agent's window

The latest Housing Insight report from Propertymark includes figures which it says ‘are encouraging in parts’, but the estate agents’ body warns there are ‘clear challenges ahead’ for the housing market. An average of 73 new prospective buyers registered per member branch in September, up significantly from August’s 53. September’s viewing numbers were also positive, […]

New blow for Rightmove as it acknowledges £1bn damages claim

Rightmove websites open on a computer screen and phone screen

Rightmove was dealt a new blow this week, with reports that thousands of estate agents could seek up to £1 billion in damages amid claims the property portal had been ‘abusing its dominant market position’ by charging ‘excessive and unfair’ subscription fees. In a case due to be brought to the Competition Appeal Tribunal, Jeremy […]

HMLR launches improved digital services for Business Gateway software users

A man in a suit holds out a tablet overlaid with graphics with the letters API

HM Land Registry has improved its digital services for customers who use software connected to Business Gateway application programming interfaces (APIs). The update will ensure a more reliable and flexible service for those developing software through the introduction of new APIs, HMLR says. The change in APIs – software components that automatically update data between […]

Reeves backtracks on LLPs as chancellor sets the scene for tax increases

Chancellor Rachel Reeves has is reported to be watering down plans to raise tax through the imposition of of a national insurance equivalent levy on limited liability partnerships. First reported in The Times, it had been suggested efforts to raise revenue could include a new charge on LLPs which are not currently subject to national […]

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