Irwin Mitchell has announced it will combine with Scotland-based law firm Wright, Johnston & Mackenzie in an effort to strengthen its presence north of the border. The two firms working in collaboration will provide a

The government and the opposition should look to reintroduce Help to Buy in a bid to win votes ahead of the 2024 General Election, one law firm has stressed. Currently, conveyancers across the UK are

Chancellor Jeremy Hunt has been warned that the ongoing building safety crisis could leave the government with a “multi-billion pound bill” to rescue as many as 1.7 million financial victims. Campaigners from buildingsafetyscheme.org stress that,

Interest rates may have reached their peak following 14 successive increases from the Bank of England, its governor Andrew Bailey has suggested. Bailey told MPs on the Treasury committee that interest rates were already in

Angela Rayner has been appointed as the shadow levelling up secretary as part of Labour Leader Sir Keir Starmer’s shadow cabinet reshuffle. Rayner, who is also the party’s deputy leader, will go head-to-head on policy

The Financial Conduct Authority (FCA) is set to review the treatment of domestic Politically Exposed Persons (PEPs) by financial services firms. The regulator will carefully examine firms’ arrangements for dealing with PEPs based in the

A staggering £38.9 billion of UK property is held by offshore companies not subject to domestic tax laws, a new study has found. This translates to some 80,460 homes in total. The British Virgin Islands

New research has highlighted the swing in buying power away from those backed by a mortgage in the current environment of rising interest rates. Analysis from Octane Capital revealed that, while it is normal for

Around 50,000 people have signed a petition calling for all leaseholders to be protected against building safety defects via an amendment to the Levelling Up and Regeneration Bill. The Earl of Lytton’s amendment – which

The number of mortgage approvals fell by nearly 10% in July marking the lowest figure since the start of this year, new Bank of England data has revealed. Specifically, net mortgage approvals decreased from 54,600

Financial gifts from family members are now supporting a third of property transactions, new research from Legal & General has found. This is expected to total some 318,400 transactions by the end of 2023, a

Salaries for lawyers who moved firms last year increased by three times as much as those for lawyers who stayed loyal to their firms, according to new research by legal recruitment consultancy Realm Recruit. As

Key estate agency and property services group Spicerhaart has announced new leadership after its owner and current CEO Paul Smith stepped down. Taking over the helm as joint CEOs in Smith’s stead will be national

A “pricing war” may break out between mortgage lenders over the coming months as they try to win business, it has been suggested. This comes as mortgage rates have already began to slip in previous

Key leaders and influencers from across the property sector are set to discuss the changes needed within the property sector with HM Land Registry (HMLR) Chief Mike Harlow in a new podcast series. The new

One in five home sellers admit to having “covered up” problems with a property during the viewing process, new research has revealed. What’s more, more than one in 10 (13%) have avoided showing a particular

A provider of upfront information (UFI) technology has said Home Information Packs (HIPs) are “absolutely essential” to solve the “perpetual issues of inefficiency and snail-paced processes” affecting the housing market. While Ed Molyneux, co-founder of

National law firm Irwin Mitchell has announced that its Group Chief Executive Officer, Andrew Tucker, passed away last Wednesday following an “unexpected illness”. Tucker had been part of Irwin Mitchell for nearly 40 years, joining

Affordability for buyers is slowly improving amidst falling mortgage rates and property prices, new data from Rightmove has suggested. The property portal said the average five-year fixed mortgage rate is now 5.81%, falling from 6.08%

The Department for Levelling Up, Housing and Communities has released a new version of the Landlord Certificate that must be used moving forwards. The form exists so that landlords can pass on any historical safety

Estate and letting agents have been provided with new guidance on property advertising terms as well as how to deal with vendors. The guidance comes from the National Trading Standards Estate & Letting Agency Team

The Council for Licensed Conveyancers (CLC) has proposed a 10% increase to its practising fees in what would represent the first change to fees since 2021. Under the proposals – on which the regulator has