Digital ID spurred on by Covid pandemic

The Coronavirus pandemic had had a big impact on the issue of confirming client identities, especially in the homebuying and selling market. The virus has in effect sped up the sector’s need to adopt technology,

Are fall throughs on the rise?

Fall-throughs and aborted sales are costing UK homebuyers £607 million every year, a number which many predict will rise even further as the stamp duty holiday (SDLT) deadline inevitably arrives. Fears for an increase in

Movers and Shakers - 29 Jan 2021

A new year, often means a new start, and here at Today’s Conveyancer, we wanted to share with you the good news we’ve had within in the industry of professionals joining firms and those who

The new Help to Buy Scheme which will help first-time buyers take that first step onto the property ladder, has now opened for applications. Whilst the new scheme keeps most of the features of the

Conveyancing Association announce Terrafirma as latest Affiliate member

Terrafirma, a provider of ground risk assessment, has today (28th January 2021) become the latest firm to join the Conveyancing Association, the leading trade body for the conveyancing industry, as Affiliate members. Established in 2015,

Half of conveyancers want SDLT scrapped

Over half of conveyancers want SDLT on property purchasers under £500,000 to be scrapped if the government continues with its plan to end the SDLT holiday on 31st March, according to a snap poll run

Firms lead the way by Thanking the NHS

It’s safe to say the last 12 months has been strange to say the least. But one thing that has been a blessing has been the National Health Service (NHS) and all of those who

Lockdown set to continue till March

Prime Minister Boris Johnson, has stated that the national lockdown will remain in effect until early March at the earliest, as the UK comes to terms with the news that we have surpassed 100,000 deaths.

Vendors grow, but slowing residential property market directionless overall

New vendors were up 9.28%, or 11.22 points, to end the week on 132.13, some 32% above the average and just 2% below the same week last year. Buyers fell 1.36%, or 1.73 points, to

Under-pressure conveyancing process could be improved by mirroring lettings

The antiquated conveyancing system could be more effective if it mirrored some of the best practice from the lettings process, according to Gazeal. The digital platform says that the additional pressure on the conveyancing process

Register tax advice work now or face SRA enforcement, law firms warned

Solicitor firms could face enforcement by the profession’s regulator if they do not register their tax advice work under new anti-money-laundering (AML) obligations, the Law Society of England and Wales has cautioned. Earlier this month,

CLC logo

The Legal Ombudsman’s (LeO) proposed 19% budget increase is not justified and needs to be revisited, the Council for Licensed Conveyancers (CLC) has said in proposing the creation of an external task force to help

Legal service workers will work extra 20 days when working from home

Law firms are gaining the equivalent of an extra 20 working days a year from employees putting in longer shifts when they work from home, according to new research from Atlas Cloud. The research reveals

SDLT debate will happen....on Monday

There may be a welcome sigh of relief from those in the housing market as a date has now been set for the SDLT petition to be heard. It’s on Monday 1 February 2021 at

Women in Residential Property Christmas event raises over £1,000 for the charity, Ella’s

The Women in Residential Property network (WIRP) which aims to encourage collaboration and understanding between women working across the residential property industry raised over £1,000 for the charity, Ella’s at their last event of 2020.

HM Land Registry Local Land Charges Annual Conference 2019

The latest data for the HM Land Registry Transaction figures have been released. The Transaction Data indicates that in December, 1,431,694 applications were completed by Land Registry. For regional applications, the South East came top

New AML Guidance needs a careful review

With the release of draft guidance on anti-money laundering guidance on 20 January 2021, there has been a furry of conversation about what this means. Amy Bell from Teal Compliance, has shared her recent blog

Is your firm making these compliance mistakes?

Olly Thornton-Berry, co-founder and Managing Director of Thirdfort has shared his insight into some of the errors firms can make when it comes to ensuring they remain compliant. The subject of compliance has been at

Flood Re's Chief Executive shares the value of FPCs

Andy Bord, Flood Re’s Chief Executive, has today given oral evidence to an eminent House of Lords Select Committee which has been appointed to consider risk assessment and risk planning in the context of disruptive

Movers and Shakers - 22 Jan 2021

A new year, often means a new start, and here at Today’s Conveyancer, we wanted to share with you the good news we’ve had within in the industry of professionals joining firms and those who

Data shows property transactions up

Latest figures released by HMRC has revealed that property transactions are unsurprisingly higher as a result of the pent up demand the market was experiencing. The headline figures released by HMRC show that the provisional

MP disappointed Rees-Mogg suspends debates

Labour MP Catherine McKinnell has expressed her disappointment that government won’t debate the many online petitions that have reached the threshold, including the stamp duty land tax (SDLT) extension petition which has received over 118,000

AML guidance shake-up to help conveyancers

The Legal Sector Affinity Group (LSAG), which includes all UK legal sector professional bodies and supervisors, has completed an extensive revision and redraft of its anti-money laundering (AML) guidance. This replaces previous versions of the

The UK’s Residential Property Sector advocates greater adoption of the UPRN

Greater adoption of the Unique Property Reference Number (UPRN) will deliver substantial benefits to UK society. On 12 January, a cohort of the most prominent bodies in the UK’s Residential Property Sector (RPS) sent an

FTBs aren't as reliant on Bank of Mum and Dad

Recent figures suggest that first-time buyers (FTBs) are no longer as reliant on financial gifts from family members, usually parents, commonly known as the Bank of Mum and Dad (BoMaD). Data from the English Housing

Parliament debates suspended, what about SDLT?

It has been reported that Jacob Rees-Mogg, leader of the House of Commons has temporarily suspended debates in Westminster Hall, meaning MPs may not get a chance to debate an extension to the stamp duty

What has Brexit done to house prices?

While a ‘deal has been done’, Brexit and its implications for the UK remain a hot topic. However, one area that seems to have remained impervious to any Brexit related decline is the UK housing

Property market steadies as coronavirus lockdown bites

With coronavirus deaths and hospital admissions surging to record highs, the UK property market slowed as despite progress with the vaccination programme people once again adapted to the grim situation and acclimatised to life under

Passwords, Phishing and the Dark Web

Continuing with our compliance theme, Matthew Locker, a Cyber Security Consultant at Apstorm has shared his ideas on how law firms can remain compliant in the modern world. In today’s digital society, passwords have become

A toy house in a shopping basket with a 'sale' sign next to it

Housing market activity in the first few weeks of January often sets the tone for the whole year, though the 2021 outlook is somewhat muddied by the challenges of the pandemic and by the 31st

Agreed house sale collapse numbers begins to rise

Figures released by the property portal Rightmove have shown an almost 10% increase in the number of agreed house sales collapsing between July and December 2020. Some professionals in the sector are predicting that these

MPs add their voices to call for SDLT extension

The Northern Research Group (NRG) – backed by over 50 Conservative MPs have written a letter to Chancellor Rishi Sunak, making a number of demands, including the extension of the stamp duty land tax (SDLT)

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