The Legal Services Board (LSB) has approved a rise in the contributions solicitors make to the Compensation Fund, despite serious concerns from the Law Society of England and Wales. The Solicitors Regulation Authority (SRA) has
Derby-based property, legal and financial specialists, Sort Group, have been shortlisted for the coveted title of ‘Development Team of the Year’ at this year’s UK IT Industry Awards. The awards, which are organised by BCS,
Almost half (46%) of professional services firms across the UK are not equipped to handle the risk of a potential cybersecurity attack, new research by Stridon has found. The study, of 500 key IT decision-makers
Mortgage approvals on house purchases for August sit at 64,858 up (3.8%) from 62,496 in July, according to the Bank of England Money and Credit statistics. Following revised figures from the Bank of England, this
New data from HM Revenue & Customs has revealed the number of UK residential property transactions in August 2024 is 10% higher than the same month last year. The provisional non-seasonally adjusted estimate of the
Rupert Murdoch’s Australian-based REA Group has made its fourth attempt to acquire Rightmove – raising its bid to £6.2bn. Rightmove has said that it “will consider” the new offer. This marks an increase from the
Rachel Reeves, the Chancellor, is exploring changes to the government’s borrowing regulations, potentially freeing up as much as £50 billion to fund major projects like housing and renewable energy. Economists estimate that had such rules
New research has revealed that so far this decade, there has already been a significant increase in the average number of transactions seen across the property market on a monthly basis, signalling that despite the
Movemnt has joined the Open Property Data Association (OPDA) to support its mission to speed up homebuying by sharing digital property information across the home transaction. Movemnt is part of the Houseful family of brands
Glasgow-based tech company PropEco has secured seed funding of £275,000. By expanding its team and accelerating product development, the company aims to establish a “strong foundation” for international expansion over the next 12 months. Lead
Chancellor Rachel Reeves has vowed to tackle the barriers slowing down housebuilding, promising to eliminate the “blockers” in the current system during her speech at Labour’s annual party conference. Reeves emphasised the need to “rip
Following two surveys of letting and managing agents, new guidance has been published by The Property Ombudsman to help agents, landlords and tenants deal with condensation, damp and mould in their homes. A survey of
The Law Society of Northern Ireland have announced details of Conveyancing Week 2024 which aims to help create a better understanding of the conveyancing process for the public and parties involved in the local property
Overhauling the tax rules on property wealth gifting in the new Government’s first Budget can help over-50s to expand support for first-time buyers, equity release adviser Key Later Life Finance says. The UK’s new Labour
Addressing the Labour Party Conference in Liverpool today, Chancellor Rachel Reeves reiterated the Labour Government’s promise to “get Britain building again.” The Chancellor also pledged to make improvements to the planning system, in a bid
Family contributions are increasingly essential for home purchases, and generous parents and grandparents are looking to their own property wealth to help support younger buyers, according to new research from Legal and General and the
The Society of Licensed Conveyancers Conference will be held in Derby on Wednesday the 6th of November in Reach Events, Derby. Kate Faulkner OBE will be hosting the conference again this year. Simon Law, Chairperson
Women in Estate Agency (WiEA) have announced the launch of a leadership training programme, generously sponsored by Rightmove. Designed to empower women in the estate agency industry, this programme offers a unique opportunity for professional
New analysis has revealed how a prolonged climate of high interest rates and expensive borrowing has impacted market activity when it comes to the number of homebuyers choosing to climb up and down the ladder,
A new research project launched this month is set to discover what buyers think should be done to improve homebuying in the UK. The Open Property Data Association (OPDA) has issued a survey through over
New research has uncovered that 19% of homeowners feel that the technological features offered by lenders are falling short of their expectations. finova surveyed over 500 borrowers and 500 brokers to understand how time consuming
The number of sales being agreed is up by 27% year on year, a “strong rebound” compared with last year’s more subdued market as pent-up buyer demand is released, according to Rightmove’s recent House Price
NatWest Group has joined the Open Property Data Association (OPDA) to support its drive to “radically improve” the homebuying process by sharing digital property information across the mortgage market. Currently, homebuying is taking on average
eConveyancer has announced the renewal of its longstanding partnership with L&C Mortgages, providing L&C with access to a bespoke panel of over 70 audited and benchmarked conveyancing firms. eConveyancer’s integrated software continues to allow L&C
Myerson Solicitors has announced its conversion to a 100% Employee-Owned Business (EOB), becoming the first law firm in Greater Manchester to do so. With 150 employees, Myerson now ranks among the largest employee-owned organisations in
Barratt Developments PLC has entered into a joint venture with Homes England and Lloyds Banking Group to create MADE Partnership. MADE Partnership will focus on the master development of large sites, to “help deliver thousands
Property sector SMEs have three months left to register a business banking complaint with the Business Banking Resolution Service (BBRS), which is set to close to new registrations on 13th December. The BBRS is a
Simply Conveyancing has announced the resignation of its CEO, Doug Crawford with former L&C Mortgages chief Alan Young appointed as its new CEO, effective immediately. Simply is backed by private equity investors, Livingbridge, and had
Home buying services provider, OneDome has announced a new partnership with Costco Wholesale UK. This collaboration is set to bring OneDome’s all-inclusive HomeBuyer Service to Costco members, integrating a full suite of home purchasing tools
Recent price rises build on a “largely positive summer” for the UK housing market. Prospective homebuyers are feeling more confident due to easing interest rates and that optimism is reflected in the latest mortgage approval
New research has revealed that people who are taking equity release from their properties are, on average, £12,400 worse off today than they were last year as the recent indications of house price recovery are
Buyer demand for homes is a fifth higher than this time last year and new sales agreed are almost a quarter higher, building on the increased momentum in sales from earlier in the year as