PLAG blasts “condescending” Law Society protocol form delay

Property Lawyers Action Group (PLAG) has responded to the Law Society’s decision to delay in the mandatory implementation of the updated fifth edition of the TA6 Property Information Form, describing the decision as ‘disappointing’ and ‘condescending’ in a statement circulated on Sunday (16th June) evening. The group, which has been responsible for an online petition […]

Law Society delays updated TA6 introduction

The Law Society has announced mandated use of the updated TA6 property information form will be delayed until January 2025 to enable it to further consult members on the content and implications. In a statement released today (Friday 14th June) Law Society of England and Wales chief executive officer Ian Jeffery says “For many members […]

Labour promises young people ‘the dream of owning their own home’

As the Labour manifesto was launched today in Manchester, acknowledgment of the need to ‘kickstart growth’ in the housing market promises to deliver a ‘dream’ for the young to own their own homes.  Party leader Keir Starmer has outlined a plan to ‘get Britain building again’ and has placed importance on giving priority on first-time […]

Calls for property logbooks to become mandatory

A report by consumer group Which? has recommended the adoption of digital logbooks as a means for government to ‘find ways to make home information and advice relevant to consumers’ needs, accessible, and accurate and reliable.’ ‘Reforming EPCs to support households in the energy transition‘ considers way to make EPC information more accessible, suggesting  every […]

‘Devil in the detail’ – reaction to Conservative manifesto

Prime Minister Rishi Sunak has launched the Conservative manifesto for the General Election on 4th July, at Silverstone race circuit. His speech held few surprises for property professionals with many of the policy commitments announced in the national press over the past couple of days. The Labour party are yet to publish their manifesto but […]

Green Party pledges affordable housing solution to ‘unaddressed crisis’

The Green Party have spoken about housing, calling it an “unaddressed crisis” in their manifesto launch. Carla Denyer, Party leader of the Green Party of England and Wales, went through their pledges of more social homes, and said that they will “provide affordable housing through our right homes, right place, right price charter”. The Green […]

Market maintains momentum despite ‘more tentative top-end’

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The majority of buyers and sellers have continued their plans since the election was called, with the only sign of election caution being a slight drop in the number of new sellers especially at the typically more discretionary top-end of the market, according to Rightmove’s House Price Index. Over the last four weeks, the number […]

Property Ombudsman tackle record number of enquiries as £1.52M awarded to consumers

Firms with the most complaints should bear the cost

After receiving a record number of enquiries The Property Ombudsman awarded £1.52 million to consumers last year and saw 83 per cent of property disputes resolved in favour of the consumer. The service dealt with 57,635 queries from clients seeking assistance on property matters, with 62 per cent of lettings enquires coming from tenants. Out […]

Housing market challenges continue in lead-up to general election

The housing market is facing a myriad of challenges in the lead up to the UK General Election as demands for rental properties soar alongside a decline in supply.  The latest RICS residential survey has found that confidence in the country’s housing marking is beginning to ‘ebb’ despite an improved outlook in recent months. Demand […]

Number of first time buyers with dependents double since 2009

Analysis of First Time Buyer (FTB) trends have revealed the average age and personal circumstances of FTB’s in the UK. Nationally the average age of a FTB is 33 years 8 months old; meanwhile the number of FTBs who have at least one dependent has doubled since 2009. The data, which has come from Mojo […]

Organisation’s demand to Labour Party to make industry pay for the cladding crisis

Fire safety campaigners have appealed to the Labour Party to commit to justice for leaseholders following the cladding crisis that caused 72 deaths in the 2017 Grenfell blaze.  Panels made from plastic and aluminium were installed on the sides of Grenfell Tower in London, an inquiry was held in 2021 following the tragedy. It has […]

How will stamp duty promises impact buyers?

With both major political parties promising stamp duty reform ahead of the election, what does it actually mean for the electorate and wider property market.  Labour announced plans to introduce a ‘Freedom to Buy’ scheme as part of its election manifesto, the detail of which is due to be published this week. In the Conservative […]

Manifestos reveal housing and first time buyer focus

Housing and a focus on first time buyers appears to be one of the main commitments of the major parties as their manifestos are published this week.  Labour were the first to announce their plans over the weekend, although their manifesto is yet to be published in full. Party leader Sir Keir Starmer announced on […]

May 2024 mortgage search trends: Decline in month-on-month activity

In May 2024, the mortgage market experienced a decline in month-on-month activity across various categories, while year-on-year growth was noted in several sectors, according to Twenty7tec’s latest mortgage statistics. Purchase mortgage searches were down 8.0% in May 2024 compared to April 2024 but were up 7.16% compared to May 2023. Remortgage searches were down 25.24% […]

Law firm opens doors to new office

Bell Lamb & Joynson celebrated the re-launch of their Warrington Office last week.  The legal team celebrated the re-opening of their office with local property professionals, clients and staff from their various office locations in the North West. The Warrington office is a listed building in the central location of Sankey Street, near The Golden […]

Montpellier Legal expands with new office opening in Cirencester

Montpellier Legal, conveyancing solicitor firm, has announced the opening of their newest office in Cirencester, set to open in the summer of 2024. With headquarters in Cheltenham and additional offices in London, Gloucester and Stroud, Montpellier Legal has established a reputation for excellence in conveyancing services. Their experienced team is dedicated to providing clients with […]

Pre-contract enquiries challenge no better say conveyancers

An overwhelming majority of conveyancers suggest the continuing issues with unnecessary and excessive pre-contract enquiries is not improving in the latest sentiment survey by Today’s Conveyancer. First run in 2022, the survey is now in its third year and asks conveyancers their thoughts on the current nature of the number and nature of pre-contract enquiries.  […]

Snap poll shows support for vote of no confidence

A snap poll run by Today’s Conveyancer suggests sentiment toward The Law Society is low amongst conveyancers. 90% of respondents to a LinkedIn poll said they would ‘support proposals to call for a vote of no confidence in the Law Society.’ Last week calls by The Property Lawyers Action Group (PLAG) for a vote of […]

Parties break cover on housing with first time buyer pledges

The Labour party say it will make permanent the current Mortgage Guarantee Scheme if it is voted into power at next month’s General Election to be called “Freedom to Buy.” Introduced by then-Chancellor Rishi Sunak in 2021, the scheme broadly replaced Help to Buy in providing access to mortgages requiring lower deposits. Through the scheme […]