New research has revealed that the London market is back in balance with both inner and outer London helping to drive market performance. Foxtons analysed sales volumes across each borough of London over the last
Following analysis of its October mortgage market statistics, Twenty7tec has revealed that more than half of all mortgage searches on its platform are for terms of 30 years or more. Additionally, demand for 40+ years
As the year draws to a close, the UK property market is entering into a calmer and more stable landscape – according to Nicky Stevenson, Managing Director of Fine & Country. Based on the data,
The Law Society of England and Wales has committed to being net zero by 2030. The commitment follows the launch of our Climate Change Resolution in October 2021 and milestone guidance on the impact of
Bolton and Bury-based law firm Clough & Willis has named Darren Rich as its newest residential property conveyancer. He will be primarily based at the company’s Little Lever office. Darren qualified in 2002 and joins
The Competition and Markets Authority (CMA) has published the first in a series of ‘working papers’ – which seeks feedback on potential solutions to problems with new build estate management and the charges households are
Trading Standards remains committed to introducing parts B and C of the material changes rules for property listings this Autumn. While Phase A was launched in May last year, a discussion is ongoing about whether
A poll which was launched by Estate Agent Today has revealed that 78% said that a Stamp Duty cut would help the property market, while 15% said it wouldn’t – with more than 500 readers
Today, the Bank of England’s (BoE) Monetary Policy Committee (MPC) took the decision to maintain the UK base rate at 5.25%. This marks the second consecutive decision to hold interest rates at their current level
Lawyers who help change lives through volunteering free legal help take centre stage at this year’s Pro Bono Week (6th-10th November). The 22nd annual celebration recognises the outstanding voluntary contribution made by the legal profession
New research has found that 54% of homebuyers are less likely to view potential properties now that the clocks have gone back, as 84% believe you can’t properly view a home in the dark, meaning
The Law Society of England and Wales is calling on its members to share their experience about how they are delivering unbundled legal services. Unbundling allows solicitors and clients to agree that some tasks traditionally
PIMFA, the trade association for wealth management, investment services and the investment and financial advice industry, has repeated its call for the Financial Conduct Authority (FCA) to have a greater role in combatting fraud in
On Wednesday 8th November 2023, Stuart Forsdike of PCS Legal and Lorraine Richardson of Adapt Law, will be hosting their final live “Conveyancing Matters” event of the year at The Hoxton 7, London EC2A 3JT.
Ahead of the AI Safety Summit 2023, the Law Society of England and Wales has made artificial intelligence (AI) regulation recommendations for the government to consider. The recommendations, made in response to the government’s white
The future of the UK’s legal services in an era of artificial intelligence (AI) were at the heart of discussions at the world’s largest gathering of legal professionals in Paris this week. Justice Minister Mike
Net borrowing of mortgage debt by individuals decreased from £1.1 billion in August to -£0.9 billion in September – the lowest since April 2023 (-£1.3 billion), data released by HM Revenue & Customs and the
New data reveals that £17.5 billion worth of remortgages were approved in the first quarter of 2023, a £10 billion decrease from the previous year. Confused.com Mortgages have analysed the most recent data on remortgages
An independent report has revealed that a significant number of law firms are still struggling to fully comply with the Solicitors Regulation Authority (SRA) transparency rules, even though a minority of legal practitioners believe these
The latest Propertymark Housing Insight Report reveals a dynamic landscape in the UK’s housing market, with economic uncertainty and seasonal influences causing fluctuations. The report revealed that high inflation and interest rates persist, making market
New laws came into force today to speed up the planning system, hold developers to account, cut bureaucracy, and encourage more councils to put in place plans to enable the building of new homes. These
Searchland has formed a partnership with Rightmove with the goal of addressing the housing crisis by enhancing the efficiency of housebuilders. Rightmove currently holds the highest volume of traffic among UK property portals, serving as
New research has revealed that British pension holders could be entitled to nearly £6 billion in stamp duty refunds from HMRC due to being misadvised in relation to the tax, according to Cornerstone Tax. The
New research has revealed that fewer buyers are taking a chance on auction properties, despite an uplift in the number of sellers looking to utilise auctions as a route to help sell their home quickly
Midland’s firm Aconveyancing took home seven awards at last week’s ESTAS Awards, celebrating the best agents, property lawyers, mortgage brokers and suppliers across the UK. Leicester were delighted to take gold in the East Midlands
The 2022 Building Safety Act, drafted following the Hackitt Review Building a Safer Future, contains “some technical issues” which are beginning to impact on leaseholders and cause considerable doubt and uncertainty. Specifically, confusion surrounds the
New research has revealed that there has been a 26% increase in the number of properties reducing their price this quarter (July-September 2023), compared to the five-year average. However, this is a significant decrease from
Geovation is a community of innovators and collaborators which uses location data to create solutions addressing global challenges. A new cohort of six GeoTech and PropTech start-ups has just been selected to start on its
CoStar, the £33 billion global property data giant, has solidified its acquisition of OnTheMarket (OTM) for £100 million. The new owners plan to embark on a marketing campaign – earmarking £46.5 million in the first
The 4.9 million residential leases in England and Wales could face “significant change” if new legislation is announced as promised next month. Almost 80% of lawyers and property professionals support change, but the complete abolition
New research has revealed that a fifth of all homes sold so far this year across the capital have done so for £1m or more, by far the largest proportion when compared to other major
New research has revealed that the level of new for sale stock reaching the market across Britain has surged by 128% since the start of the year, as sellers return to the fold following a