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It is time to prepare for major changes under the Leasehold Reform (Ground Rent) Act 2022, says ALEP The Association of Leasehold Enfranchisement Practitioners (ALEP) has welcomed confirmation that the Leasehold Reform (Ground Rent) Act
“What will changes to Upfront Material Information and Referral Fees mean to you?” That’s the question James Munro, Head of the National Trading Standards Estate and Letting Agency Team, will be answering during his keynote
ULS Technology plc (AIM: ULS), the provider of online digital platforms for the UK conveyancing and financial intermediary markets, has announced its rebranding and change of name to Smoove plc (AIM: SMV) as part of
The Solicitors Regulation Authority (SRA) has announced the Solicitors Qualifying Exam (SQE) fees will be increasing by 3.4% from October 2022. SQE1 will rise from £1,558 to £1,622 and SQE2 from £2,422 to £2,493. Law
Osprey Approach has announced that its integration with Coadjute, the blockchain network for the UK property market, which aims to halve the time it takes to move home, has gone live. The integration, which was
Business leaders have suggested that homeowners who make their property more environmentally friendly within two years of purchasing their house should have their Stamp Duty Land Tax (SDLT) refunded or adjusted based on the energy
Changes to CQS practices for Part 2 of the UK Finance Handbook come into force May 2022 The new Core Practice Management Standards (CPMS) imposed by the Conveyancing Quality Scheme (CQS) sets out new practice
The equity release market’s return to growth during 2021 means it is now six times larger than it was in 2011, providing £4.8 billion in secure finance during the last year, according to the Equity
GeoPlace’s annual conference will take place on 10th and 11th May 2022, with the theme of “Connecting People with Places”. The event is online, reflecting appreciation shown in 2021 for opportunities to interact with speakers
The “pandemic property boom” in 2021 saw the total value of the UK housing market grow by over £1 million a minute, with the total value of property hitting £6.7 trillion by the end of
Residential Logbook Association expands amid growing industry demand The RLBA is witnessing growing uptake of its members’ services; particularly since the recent Levelling Up White Paper which calls for the use of upfront information and
HMLR practice guide updates: PG1 and PG39. Also referenced: Practice Direction 51ZB First registrations (PG1) Page summary: Guidance for conveyancers on how to register unregistered estates in land for the first time (practice guide 1).
Trade and representative bodies representing the legal, surveying, estate agency and property management sectors, including the Conveyancing Association (CA), have today (31st March 2022) launched a new version of the BASPI – the Buyer’s and
A group of 18 MPs are advocating a new alternative form of property tax known as Proportional Property Tax (PPT) championed by Fairer Share. The tax would replace Council Tax, Stamp Duty and Bedroom Tax
The Legal Services Board (LSB) published its 2022-2023 business plan on Wednesday, outlining it will continue to focus on diversity and inclusion (D&I) and technology and innovation in the profession. Law Society of England and
The government-supported industry body the Home Buying and Selling Group (HBSG) have launched a revised version of their Buying and Selling Property Information (BASPI) questionnaire. This is intended to be a new, all-encompassing information format
Law Society vice president Lubna Shuja has suggested that small law firms – in which a disproportionate number of BME solicitors work – could be at risk of being “shut out” should regulators force all
CBRE’s Jason Hardman appointed as new UKAA Investor Lender Forum Chair as investment in Build to Rent soars The UK Apartment Association (UKAA) has announced Jason Hardman as the new Chair of its Investor Lender
The process of judicial recruitment has come under fire following the latest episode of BBC Radio 4’s Law In Action in which a solicitor claimed they were told by several senior judges that “solicitors have
Rishi Sunak, Chancellor of the Exchequer, delivered his Spring Statement in Parliament on Wednesday in what has been described as a “mini-budget”. The Chancellor brought welcome tax relief across several areas of the economy, though
HMLR practice guide updates: PG1, PG8, PG68, PG73, PG76, PG78, PG80 First registrations (PG1) Page summary: Guidance for conveyancers on how to register unregistered estates in land for the first time (practice guide 1). Change
Armalytix has partnered with Zeus Tech Solutions to offer Proclaim integration for law firms looking to utilise the market-leading SoF technology For legal and conveyancing firms, regulation and financial crime risk increasingly require source of
Rishi Sunak, Chancellor of the Exchequer, delivered his Spring Statement to Parliament on Wednesday. In what has been described as a “mini-budget”, the Chancellor brought welcome tax relief across several areas of the economy, though
A new standardised form questionnaire designed to help law firms better assess the cybersecurity arrangements of the Chambers whose barristers they instruct was launched on Friday at the Law Society’s Risk and Compliance Conference by
The conveyancer’s view, 25th March 2022 March saw house prices reach another new record as the average price of property coming to market jumped by 1.7% (+£5,760) to £354,564, breaking through the £350,000 barrier for
A number of digital mortgage lenders have entered the market over recent years, such as Molo, Habito, and Atom Bank, with more set to follow. Starling Bank recently bought Fleet Mortgages and Monzo are expected
Speaking in a letter to The Times on Thursday, Law Society president I. Stephanie Boyce condemned attempts to “scapegoat” lawyers over the UK’s business links to Russia. Amid coverage of Russia’s sizeable presence within the
The collapse of a multi-million-pound property development transaction has resulted in City firm Mishcon de Reya being sued for £65m. The trial began on Monday in the High Court, with the claim being made by
The Solicitors Regulation Authority (SRA) is consulting on plans to reintroduce the requirement for non-practising solicitors to complete an annual application confirming that they wish to remain on the roll. Solicitors without practising certificates would
The Information Commissioner’s Office (ICO) is seeking the views of stakeholders and the public on how it regulates the laws it monitors and enforces. With the consultation closing this Thursday, the ICO is seeking feedback
Data from a poll ran by Mortgage Solutions has suggested that conveyancing transaction timeframes have not improved since the end of the stamp duty land tax (SDLT) holiday in September. Introduced to stimulate the market
Homes England, Muse, and Legal & General will recommit to The English Cities Fund (ECF) and build 6,600 new homes and 2 million square feet of innovation and commercial space in high-priority Levelling Up areas,