An overhaul of the planning system has been announced today, as government sets out tough decisions necessary to fix the foundations and grow the economy. All councils in England are to be given new, mandatory
The Legal Services Board (LSB) published its Annual Report and Accounts for the year ended 31 March 2024 (PDF). The report describes the LSB’s work to ensure regulation contributes to reshaping legal services to better
Law Society CEO Ian Jeffery and President Nick Emmerson overcame a vote of no confidence at the Special General Meeting (SGM) held on Tuesday, July 23rd, 2024. The SGM was convened to address widespread dissatisfaction
The Council for Licensed Conveyancers (CLC) has said that all of its regulated firms, across both conveyancing and probate, have successfully secured professional indemnity insurance (PII) coverage for the year ahead. The PII market has
Nationwide has joined the Open Property Data Association (OPDA) to support its efforts to speed up the homebuying process by sharing digital property information across the housing market. They have said that the move will
The Equity Release Council’s latest quarterly market report shows that new customer numbers rose by 12% in Q2, compared with Q1, while total lending rose 15% to £578m. A double-digit rise in the number of
Rentcharges (PG56) Page summary: Guidance on a variety of points which commonly arise in rentcharge applications, including formal apportionment and redemption (practice guide 56). Change made: Section 3 has been amended as a result of
Flood Re, UK insurance industry that promotes the availability and affordability of flood insurance, has reported strong financial and operational performance for the year ending 31 March 2024. Storms Babet, Ciaran and Henk represent the
Koodoo, mortgage technology provider, has announced a new partnership with Smoove, utilising its eConveyancer platform. This collaboration aims to enhance the homebuying process by integrating Smoove’s network of local solicitors and advanced digital platform into
As the year has progressed, more people are looking for conveyancing solicitors, with an overall increase of 1.5% in conveyancing enquiries between the first and second quarters of 2024, according to Compare My Move’s recent
The Council for Licensed Conveyancers (CLC) has launched a consultation on proposals to change how its contribution towards the Legal Ombudsman is paid, so that those firms who generate more complaints contribute more to the
Purchase mortgage searches were down 7.4% in June 2024 compared to May 2024 but were down 1.25%% compared to June 2023, according to Twenty7tec’s June 2024 mortgage market activity. Remortgage searches were down 7.27%% compared
The Bank of England recently reported a glitch with the CHAPS service which delayed house purchases and other high-value payments. They have confirmed that the third party supplier has restored service and CHAPS payments are
Hugh James has announced the arrival of Partner Alex Madden to the new role of Head of Planning and Environmental. Formerly Head of Planning and Environmental at Thrings Solicitors in Bristol, Alex has more than
Average house prices largely flat in June, down by just -0.2% on a monthly basis, according to the recent Halifax House Price Index. Annual rate of house price growth unchanged from last month at +1.6%.
