Number of home sellers increases

New research has suggested that while buyer demand has declined, sellers are still rushing to list their homes, which could potentially hasten the rate at which house prices fall. The latest Land Registry data shows

moving home around Christmas

New research has revealed some nine out of 10 homemovers would not consider moving house during the Christmas period. According to a survey of over 1,800 recent home movers conducted by lettings and estate agent

World Cup can influence housing market

New research has revealed that, looking at historical trends, a good performance by the England squad at World Cup 2022 in Qatar could result in a house price boost. The research, conducted by estate and

Help to Buy deadline

DLUHC states extension granted “to make sure people do not lose out because of delays” The government have announced that the housebuilder completion deadline for Help to Buy has been extended by a month, under

legal sector AML rules

A campaign group has formed a report claiming that law firms are continually abusing and showing “significant levels of non-compliance” with anti-money laundering rules. Spotlight on Corruption are a campaign group who have published a

new-build home demand

Demand for new-build homes strong, despite overall demand falling According to new research, demand for new-build homes is greater than existing homes, which is helping to boost sales and stabilise overall market activity. The research

fewer mortgage products

According to the latest mortgage market analysis those looking to scour the market for a mortgage this Christmas will be facing a considerably lower level of choice, with the number of products currently available sitting

analyst claims ISAs no longer fit

A financial analyst has claimed that Help to Buy ISAs are no longer beneficial to buyers and are actively making it more difficult for first time buyers to get on the property ladder. As of

Legal Services Board

Regulator seeks methods to reduce the backlog of complaints The Legal Services Board (LSB) are discussing plans to force firms who have misled clients to pay compensation, even if they haven’t complained. In a meeting

Government scraps housebuilding targets

Pressure from over 100 Tory MPs forces the government to alter its manifesto pledge The government has backed down from its pledge to maintain housebuilding targets due to pressures from backbench Tory MPs. As part

remortgages causing rise in lending

Findings suggest homebuyer lending in 2022 set to fall 9.1% compared to 2021 The latest market analysis has revealed that despite recent turbulence following a string of base rate increases, the total sum of lending

mortgage repayments since 2010

New research has revealed that despite homebuyers paying the most expensive monthly mortgage repayments since 2010, costs still remain a long way off historic highs. The analysis by Revolution Brokers claims to show reveals that

Experts discuss how to reduce time

Five industry heavyweights provide insight on how to streamline homebuying process Property chain progression software providers, ViewMyChain recently sought the expertise of key figures from across the property industry to discuss the hot topic so

measures to help build homes

Government announces new measures which they claim will help authorities deliver on housing targets The Department for Levelling Up, Housing and Communities (DLUHC) have tabled a number of plans to parliament which they claim “delivering

The latest Nationwide HPI shows annual UK house price growth slowed to 4.4% in November, from 7.2% in October. The index also reported house prices fell 1.4% from October, the biggest reduction since June 2020.

sue neighbour over knotweed

Woman alleges the Japanese knotweed caused her house to devalue by £150,000 A woman who sued her neighbour due to a disagreement over Japanese knotweed has been left with a £100,000 legal bill after the

A 3D graphic showing the outline of a red house shaped by an arrow, with the arrow falling off the edge of a surface

Index also reveals 28% decline in sales The latest Zoopla House Price Index (HPI) has revealed that following the mini-budget fallout, which resulted in a spike in mortgage rates, demand for houses has plummeted with

Government blocks failing social housing providers

Government reacts to damp housing which led to tragic death of young boy The government has announced that the Housing Association which failed to treat mould which contributed to the death of Awaab Ishak is

LSSA announces latest technology provider

The LSSA (Legal Software Suppliers Association) has announced that LAIT Legal is the latest legal technology provider to join the association. As the UK industry body for legal systems developers and vendors, the LSSA maintains

A 79-year-old solicitor at a probate and conveyancing firm has been struck off after overcharging clients by over £470,000. George Edward Nosworthy was a principal solicitor for Cree Godfrey & Wood before he was struck

consequences of spray foam insulation

Difficulty in selling, damages to property, and scammers revealed as potential side effects to the service Homeowners have been warned about the potential dangers and consequences of using spray foam insulation in their homes. Nationwide

Watchdog accuses Home Office

NAO report finds Home Office using data that is six years old A spending watchdog report has found that the Home Office uses out of date information and fundamentally fails to understand the impact and

Companies House urges overseas entities to register

The Register of Overseas Entities came into force on 1 August 2022 and requires all entities in scope to register with Companies House before the deadline of 31 January 2023. Overseas entities that own land

access legal

In the context of law firm practice management software, a “legal accounts data conversion” happens when a law firm buys a new software system and works with both its old and new software supplier to

HMRC loses SDLT case

Buyer wins case after originally being asked to pay £117,500 more than they should have A Home care provider has received a £20,000 refund for overpaying on stamp duty, after a seven-year legal battle with

Council tax bills doubles for second homeowners

Two North Yorkshire towns are among the first towns to double council tax bills on second homes to help locals get on the property ladder. The tax hike will start from April 2024 if and

Epidemic of mergers

Further mergers between law firms have been announced, whilst a declining numbers of firms have also been revealed. IBB Law LLP and Owen White Solicitors have announced a merger, as of the 1st of January.

Conveyancing firm doubles in size

A North Yorkshire-based conveyancing firm has doubled in size following its first acquisition. Grey-Smith Legal, which is based in Saltburn, opened in 2021 and has since gone on to open a further office, in Spennymoor,

LSSA publishes white paper

The Legal Software Suppliers Association (LSSA) has published a white paper for law firms that outlines how to ensure the smooth implementation of legal software. The white paper aims to set out the essential items

As part of next weeks autumn statement, “transformational” housing-led projects are set to announced, replacing the “investment zones” planned by former prime minister Liz Truss. The “investment zones” were meant to introduce lower taxes temporarily

SRA logo

Safeguards proposed by the Solicitors Regulation Authority (SRA) to increase the transparency and accountability of its enforcement processes do not go far enough, the Law Society of England and Wales have said. Lubna Shuja, President

Government announces new housing minister

Former barrister becomes latest MP to take up the role Lucy Frazer, a former Queen’s counsel barrister, and now the MP for South East Cambridgeshire since 2015 has become the fifth housing minister this year.

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