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Dye & Durham have stated that they are “evaluating options” – including an appeal – following the CMA’s decision on Wednesday that it must sell tmgroup, which came after its in-depth investigation identified competition concerns.
The property market is defying all odds and continues to run hot with 10% more households indicating a desire to move now than in April. According to the Q2 2022 Property & Homemover Report from
House prices in the UK have risen for the 12th successive month, with annual price growth also remaining in double digits. The market has been described as retaining a “surprising degree of momentum” for a
The announcement by the Leeds Building Society that it would no longer lend to second homeowners “exceeds their role as a lender”, according to a leading property firm. Leeds are Britain’s fifth-largest building society and
Legal disputes are to be resolved through free mediation under new plans set out by the government. This could benefit individuals and businesses, whilst also cut down the amount of civil court cases. Ministers have
Figures released by the Bank of England on Friday morning revealed that mortgage approvals decreased in June for the fifth consecutive month. Approvals decreased to 63,700 in June from 65,700 in May. This is below
New figures published by the Office for National Statistics (ONS) have revealed that house price affordability in England has fallen to the worst level since ONS records began in 1999. In the financial year ending
Legal regulators must ensure standards of competence are met and maintained under new rules published by the LSB The Legal Services Board (LSB) has today published a new statutory statement of policy requiring legal services
The Law Commission of England and Wales has published new proposals to reform the law relating to digital assets. Digital assets, which include crypto-tokens — sometimes referred to as cryptocurrencies — and non-fungible tokens (NFTs),
Solicitors are being warned to exercise caution ahead of the Register of Overseas Entities’ (ROE) launch on Monday. The Law Society of England and Wales has issued guidance to assist solicitors after identifying risks, particularly
During a legaltech panel discussion hosted by Women in Wills on Thursday, it was suggested that up to 40% of firms are receiving a discount on their professional indemnity insurance (PII) renewal due to their
Reshaping Legal Services conference 2022: “the public deserves a strong, ethical and diverse profession” The Legal Services Board and the Legal Services Consumer Panel are holding the inaugural annual Reshaping Legal Services conference on Thursday
The Financial Conduct Authority (FCA) has confirmed its plans to bring in a new Consumer Duty, which will “fundamentally improve” how firms serve consumers. It will set higher and clearer standards of consumer protection across
The Legal Services Board (LSB) has announced that it has accepted the Legal Ombudsman’s (LeO) proposed amendments to the Scheme Rules, including the reduction of bringing complaints from six years to within one year. During
The Law Society has alerted conveyancers to the impending launch of the Register of Overseas Entities (ROE) which will introduce new responsibilities and risks into some property transactions. The government recently announced that the new
Monthly transaction figures for June published by HM Land Registry (HMLR) on Thursday revealed a drop in transactions month-on-month as the cost of living begins to tighten its vice on homebuyers. The provisional non-seasonally adjusted
New research has shown that the number of deals falling through pre-completion is on the rise. This comes against a backdrop of dwindling consumer confidence amid cost of living concerns and interest rate hikes. Landmark
Property Logbook company Chimni has issued a first-ever “consumer data standard” for new homes, outlining the data and digital information that housebuilders should increasingly expect to deliver to buyers as part of their core product
Shaun Jardine of Big Yellow Penguin has teamed up with The Thriving Company to gain insights into how different pricing approaches affect professional services firms’ profitability. Results will be circulated to the participants of the
CILEX (the Chartered Institute of Legal Executives) is in talks with the Solicitors Regulation Authority (SRA) to explore a proposal to transfer the regulation of its members from its own regulator, CILEX Regulation Ltd (CRL),
In 2022, the Ukrainian Bar Association (UBA) turned 20 years old. In addition to 20 years of history, the UBA boasts 6500+ members, 27 Committees, 23 Regional Units, 550+ events per year, and dozens of
A family in South Wales has received £6,000 in compensation for aggressive Japanese Knotweed which has been encroaching into his garden. The problematic weed is renowned for causing structural damages and creating issues, causing interference
HM Land Registry (HMLR) has published its Annual Report for 2021-22, revealing progress in making the transition to becoming a data-driven, digital organisation that is “on track to meet the challenges of a volatile market”.
The Department for Levelling Up, Housing and Communities (DLUHC) recently announced a Government-backed professional indemnity insurance (PII) scheme for fire safety professionals undertaking EWS1 (external wall system) assessments. The scheme has been set up in
The pandemic property market boom saw house prices and transaction figures explode over the last 24 months. Conveyancers are still feeling the effects, and the party’s not quite over. Naturally, the effervescent market has led
The four-day working week is something of a buzzword in the world of business amid a period of refreshed and revamped working practices. In reality, however, it seems that even the five-day working week is
Greg Clark, new Secretary of State for the Department of Levelling Up, Housing and Communities (DLUHC), has told developers that they must sign formal contracts to remediate unsafe cladding within the next four weeks. As
The conveyancer’s view, 18th July 2022 The 11th July’s Diary of a High Street Conveyancer was a particularly notable entry. Sources of dispute and debate in the property market often make headlines. This issue, however,
A digital entrepreneur is revealing the tricks of the trade to help law firms grab top-level media coverage. Sam Allcock, the CEO of PR Fire and founder of Law News, is running a series of
Santander has granted temporary one-month mortgage extensions to its customers. The lender says the time taken to offer is “likely to increase” due to a high value of mortgage applications of late. Usually, mortgage offers
Women in Residential Property (WIRP) is delighted to announce a trio of new sponsors with leading residential property industry suppliers Moneypenny, LFS Minerva and CY Training Works all signing up to support the network. The
Derelict and underused brownfield sites across England will be transformed into thousands of new homes across the country, the Department for Levelling Up, Housing and Communities (DLUHC) has announced. Councils will be able to apply