The property market is witnessing a notable shift, with a significant number of people downsizing and relocating to cities in response to increased mortgage rates and the lure of accessible facilities. A landmark study from
Three in five professionals state that their mental health has declined this year as a result of workplace stress, a new study has found. Despite UK employers spending millions on wellness initiatives every year –
Market analysis of government data from has shown that, after adjusting for inflation, just three areas of the UK property market have seen house prices increase since interest rates started to rise in December 2021,
New data has revealed that there has been an increase in searches for interest only mortgages as borrowers look to reduce monthly costs. The data, from Legal & General’s Ignite platform, shows that despite concerns
Although a cooling in house prices is widely anticipated, forecasts suggest a more moderate pace than initially projected earlier in the year. The property market continues to exhibit promise, with motivated buyers still actively seeking
The Competition and Markets Authority (CMA) has identified “concerns” in the housebuilding industry causing them to take a closer look at both developers and parts of the housing market. Housing Secretary Michael Gove wrote to
The Legal Services Board (LSB) has announced that it plans to review the enforcement and investigative tools available to legal services regulators, including the Solicitors Regulation Authority (SRA). This could include increasing financial penalties available
New data has revealed that mortgage approval levels are forecast to decline by 11% annually come the end of 2023, although short-term positivity is expected with an uplift in activity during the second half of
Kendal’s Arnold Greenwood Estate Agents has expanded with the launch of a new south Cumbria branch. Estate agency services at the new office in Grange-over-Sands are provided by the established Arnold Greenwood team of manager
Developers have claimed that shortages and planning delays are hindering homes being built, as reported by The Times. Builders were surveyed by CMS and said the planning system was slowing down development. They also said
A new report has revealed that 95% of UK legal professionals believe generative AI tools will have a noticeable impact on the practice of law. LexisNexis Legal & Professional has released a new report entitled
Company founder and director Natalie Moore has established her own consultancy practice, six years after the launch of her award-winning firm, Aconveyancing. Natalie Moore Consulting will offer mentoring, training and consultancy services to other companies
A conveyancer has been banned from the profession for persuading clients to pay into his personal bank account and “cutting costs” for people, according to reports. Phillip Harris, who worked on behalf of a Milton
The latest research estimated that, despite changes to stamp duty thresholds implemented last September designed to save homebuyers money, the nation has still paid an estimated £884.3m in the following six months, climbing to £2.9bn
The latest research has revealed that while house prices may be cooling during this period of economic turmoil, some local markets are said to be “heating up” with property values increasing by up to 10%.
Thousands of people will be equipped with the right skills to make homes more energy efficient due to new government funding which will see training courses rolled out across the country. Since the 25th July
A Solicitors Regulation Authority (SRA) document suggests that legal executives should get the “same status” as solicitors and become aligned in the standards that apply to them, according to reports. After carefully evaluating both regulators’
New research has found that when it comes to selling your home, a “nightmare neighbour” could end up costing you over £20,000, although 97% of buyers would pull out of the purchase completely. House Buyer
Yanthe Richardson, Managing Associate in Foot Anstey’s New Homes and Plot Sales team, has been announced as the Vice President of the Chartered Institute of Legal Executives (CILEX). CILEX is the professional and regulatory body
A London firm has reported a “significant rise” in enquiries from landlords seeking to sell their buy-to-let properties ahead of the eventual introduction of the Renters Reform Bill. Under Section 21 of the Housing Act
The number of people making unauthorised withdrawals from a Lifetime ISA (LISA) rose by 56% to 74,650 in the 2022/23 tax year – up from 47,850 in 2021/22 – leading to calls for reform in
A new government-backed scheme providing free legal advice to help 38,000 people a year at risk of losing their home has launched this month. The advice will be available from the moment a written notice
A regular survey carried out by Ipsos Mori has revealed that levels of customer satisfaction with HM Land Registry (HMLR) have fallen for the second consecutive year, as reported by The Law Society Gazette. HMLR
New data has revealed the number of property transactions fuelled by the mortgage sector has fallen by 42% so far this year. The research from Octane Capital shows that, so far this year, 87,686 property
The Government is right to look at building on more greenbelt land to help deal with the housing crisis, a leading property association said. Pressure is building on ministers to use greenbelt sites to build
The Geospatial Commission has identified opportunities where improved data and use of location services and applications can unlock innovation across the property ecosystem in a new report that has recently been published. The UK property
More sales are continuing to completion than in the last two years as the market begins to level out, according to Spectre’s Q2 Market Report. Spectre compared Q2 figures to those from 2022 and 2021,
A Bank of England (BoE) economist has revealed that those who have access to the Bank of Mum and Dad get a 10-year head start over their counterparts when purchasing a home. Conversely, new data
Fine & County’s Ben Madden has claimed that licensing of estate agents may raise the barrier to entry but it will not stop those with poor morals, as recently reported in estate agency press. Madden
New data from the Bank of England has revealed that net mortgage approvals for house purchases saw an increase from 51,100 in May to 54,700 in June, while approvals for remortgaging rose from 34,100 to
The government has announced its biggest building safety intervention to date as part of a wider package of measures to help end the building safety crisis across England, according to Department for Levelling Up, Housing
The Wellbeing at Work Survey Report by The Conveyancing Foundation (CF) has revealed that people’s self-reported levels of mental health are currently the best they have been for the past three years. CF commissioned Morale