The Industry Working Group (IWG) on the electronic execution of documents have launched their consultation which can be found here. If you wish to submit a response to this consultation, please send it (in Word
According to “Working Better Together”, a new report by Coadjute, both professions see real opportunity from building greater respect, trust, and openness in the relationship. Based on a survey of nearly 500 UK property professionals,
Almost half (49%) of all small business owners in the UK are set to increase their prices as they look to battle rising costs, a new report reveals. The SME Insights Report, released by Simply
New research from mortgage broker, Henry Dannell, has revealed how the average homeowner utilising equity release via Later Life mortgages is able to supplement their income by a fifth, while it can also bring about
The average price of property coming to market sees a sixth consecutive record this month, rising by 0.4% (+£1,354) to £369,968. Rightmove’s latest House Price Index reveals a continuing desire to move, with low numbers
The National Trading Standards Estate and Letting Agency Team (NTSELAT) has published new guidance to help agents ensure they are meeting their requirements under Part A of the process to improve material information in property
Cyber-attacks, sanctions, cryptocurrency and anti-money laundering are among the new issues highlighted in the Council for Licensed Conveyancers’ (CLC) second annual Risk Agenda, published yesterday. The agenda brings together a list of the biggest risks
The Conveyancing Association (CA) – the leading trade body for the conveyancing industry – yesterday announced a number of results from its 2022 Lender Survey, used to identify where the industry can collaborate to improve
House prices continue to rise across the UK in June, according to the latest RICS Residential Market Survey, but the pace of growth is slowing amid fewer new buyer enquiries which is to impact sales.
New reports show that take-up amongst local authorities of the Land Registry digital home sales scheme has stalled as just one in seven have signed up to the land charges register, despite cash incentives. The
Data from property purchasing specialist, HBB Solutions, has revealed how the pandemic property market boom and the resulting market backlog is impacting the property transaction timeline, even for those utilising a quick sale method, with
New research from Aviva has revealed the increasing importance of the role of property wealth in retirement planning. The research looked into levels of spending, saving and attitudes towards funding retirement in the over 45s.
The latest Halifax House Price Index (HPI) has been released. Halifax’s June HPI reveals that house prices were up 13% in a year, to a record high of £294,845. This is the fastest rate of
New data from the UK’s biggest property website Rightmove reveals signs of the stock shortage starting to ease slightly, as home-owners choose to take advantage of record asking prices and sell this summer. The number
The SRA is conducting a short survey on professional indemnity insurance (PII) premiums, which can be accessed here. Questions on subjects such as premium prices, changes over the years and opinions on the current state
Research by Stipendium, has revealed over the last year, the average price paid by the nation’s first-time buyers (FTB) has increased at the same level as those already on the property ladder, with the cost
New reports suggesting that the conveyancing system is “broken” have surfaced across industry press this morning. Two articles published in Property Industry Eye and The Negotiator this morning have criticised the conveyancing process describing it
Research by specialist property lending experts, Octane Capital, suggests that despite the well documented pandemic property market boom, housing market activity has actually been on the slide since the first quarter of 2020, at least
Michael Gove, the Secretary of State for Levelling Up, Housing and Communities has published a letter to building owners and managing agents setting out their responsibilities under the Building Safety Act. Leaseholder protections under the
The latest Nationwide House Price Index (HPI) for June reveals that annual house price growth has slowed, but remains in double digits. Newly released Nationwide HPI figures show a modest slowing in annual UK house
Following the arrival of the Leasehold Reform (Ground Rent) Act which came into force last week, Today’s Conveyancer has rounded-up the reactions of professionals across the industry. The Leasehold Reform (Ground Rent) Act came into
The Solicitors Regulation Authority (SRA) will be given new powers to fine rule-breakers up to £25,000, under measures introduced last week. The changes mean the SRA can now fine law firms and individual solicitors for
One of the top conveyancing practices in the UK, Simply Conveyancing, hires Sue Bence as their new Chief Legal Officer. Simply Conveyancing, the high quality, national property conveyancing firm, has hired Sue Bence as their
The legal professions of England and Wales – solicitors, barristers and CILEX lawyers – will unite to commemorate 50 years since the first Pride took place in the UK. The Law Society of England and
The Association of Leasehold Enfranchisement Practitioners (ALEP) has received an update from Government on its intended programme of leasehold enfranchisement reform, which makes a commitment to further reforms “within this Parliament”. In a letter dated
Key partnership formed as rollout of national network for the UK property market continues to accelerate. Coadjute, the blockchain network for the property market that is transforming the ease and speed of home purchasing, has
Up to 70% of property firms surveyed for an anti-money laundering campaign have not changed their approach to onboarding new customers since sanctions were imposed on Russia after its invasion of Ukraine. The disturbing statistic
The Law Society of England and Wales has appointed Ian Jeffery as chief executive who will take up his position in September. Interim chief executive Gerry Walsh will remain in post until then. Ian Jeffery
Over 100,000 property transactions have now completed using digitised register for local land charges as Northern regions set the pace. More than 100,000 property transactions have now benefitted from access to digitised digested local land
The latest UK House Price Index for April 2022 has been published. April data shows on average that house prices have increased by 1.1% since March 2022 and there has been an annual price increase
Newly released data shows that housing programmes delivered by Homes England resulted in 38,436 new houses starting on-site and 37,164 houses completed between 1 April 2021 and 31 March 2022, as the sector began to
Work carried out by London firm Blacklion Law LLP on a fixed fee transaction that was eventually aborted has been ordered by the High Court to be paid. In the ruling of the High Court