After Labour’s landslide win last week the industry have voiced concerns over ‘affordability’ as a key issue with the new government, alongside support for plans to bring back compulsory housebuilding targets. Legal industry figures say
The Council for Licensed Conveyancers (CLC) has outlined its growing concern that post completion work is not being done properly and promptly, and has been outlined as a new risk in their agenda. The organisation
A frenzy of post-election homebuying has been predicted after data has revealed a significant increase in the number of new homes hitting the UK market. An information platform called Home Sale Pack has analysed data
A new national poll has revealed that almost half of voters who feel the housing market is a priority backed Labour in the General Election. Research from UK Stamp Duty Advisers Cornerstone Tax has shown
A UK mortgage lending company have revealed that an online AI chatbot has solved 60 per cent of their broker enquiries, without the need for human interaction. MPowered Mortgages, a mortgage lender based in Guildford,
A mixed outlook of the commercial property sector has been presented after analysis of the first quarter, with optimism on the supply of property and increase in demand forecast for the sector’s immediate future. NAEA
As Labour came into power today it has been confirmed that MP Angela Rayner has been confirmed as the new Housing Secretary. The newly re-elected Rayner has been officially appointed as secretary of state for
The Conveyancing Association has launched a Leasehold and Freehold Reform Guide for 2024 which will come into force on July 24th. The trade body for the conveyancing industry has created the in-depth guide which details
Research has shown predictions of how different party manifestos could impact first time buyers in the UK after the General Election. As the nation heads to the polls today, the main political parties are doing
Landmark has facilitated an industry discussion with key professionals from the property sector to address the significant challenges they have encountered over the past few years. The debate brought together the Head of Mortgage Operations
Groundsure, an environmental and climate insights provider, has announced that Malcolm Smith, currently Chief Operating Officer, is to become the CEO with effect from 15th July. The change comes as Dan Montagnani leaves the business
The Law Society of England and Wales has responded to the Solicitors Regulation Authority’s (SRA) 2024-2025 business plan and budget consultation. The SRA have said that their business aim is ‘is driving confidence and trust
Data has revealed that those looking to sell their home are reportedly paying almost a quarter more more in estate agency fees than five years ago, with costs set to rise each year. The latest
The Open Property Data Association (OPDA) is calling on whoever forms the next Government to take a strong lead on urgently reforming the notoriously sluggish homebuying process so that the market can function efficiently. ‘Focus,
The proportion of First Time Buyers who face paying Stamp Duty could more than double if Labour win the General Election, according to new data. Comparison site reallymoving have said with 36% of first time
A Law firm has announced a series of new senior appointments and promotions to add to their ‘fast growing’ ranks, all new positions and promotions are across central functions and legal departments to help spearhead
Predictions that UK house prices will be higher by the end of the year with ‘income growth steadily easing the impact of higher mortgage rates’ are the latest forecast following the latest House Price Index.
Since the last general election, mortgage payments for first-time buyers has skyrocketed by 61 per cent, significantly outpacing wage growth. Rightmove’s latest study on first-time buyers highlights that since the 2019 election mortgages have increased
New rules on renewing leases may have become law but homeowners ‘could still have to wait years until the laws come into effect’, a property lawyer has warned. The Leasehold Reform Act became law before
In response to the Solicitors Regulation Authority’s (SRA) consultation on the proposed rise to the Compensation Fund levy, the Law Society of England and Wales has expressed serious concerns about the impact this could have
Established in 1979, QualitySolicitors Yates & Co is a team of highly experienced and knowledgeable lawyers with extensive hands-on expertise in their field. They strive to be approachable, practical, and committed to achieving the best
An organisation that has provided protection for homebuyers, lawyers, mortgage lenders and estate agents since 2006 is celebrating it’s 18th birthday. The Search Code, which was developed by the Council of Property Search Organisations (CoPSO)
The Law Society have announced last week, that Material Information and the new 5th edition TA6 will remain and the TA6 4th edition may continue to be used until 15th January 2025, extending the transition
A tech start-up has announced a new ‘pioneering’ partnership to propel them further into the world of generative AI. Orbital Witness, a UK-based LegalTech start-up that specialises in Generative AI-driven due diligence for real estate
In their general election manifestos published this week, each of the three main parties made a commitment to leasehold reform with the Tories pledging to cap ground rents at £250, Labour calling the current system
Only a quarter of voters believe UK political parties pay ‘a lot of attention to housing’, believing that building more homes for Brits is not a prime concern for politicians. Joint research by Zoopla and
The Bank of England has been told to ‘pull it’s finger out’ after it announced today that the base rate has frozen at 5.25 per cent for the seventh consecutive time following 14 increases –
A Building Society in Nottingham has announced new rate reductions and amends to products aimed at foreign nationals and returning expats such as health care workers, those on a Skilled Worker Visa and those already
The Conveyancing Association (CA) – the leading trade body for the conveyancing industry – has today launched a series of online webinars for member firms which will taking place throughout the summer. Working with CA
A home moving group has launched it’s own online learning academy to provide conveyancing skills and training in a bid to ‘revolutionise’ employee development. Movera designed the new platform in response to conveyancers who said
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
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