EU Movers Snub The UK Amidst Brexit Uncertainty

Brexit frustrations have spread across the pond as disillusioned Europeans are opting to avoid moving to the UK whilst political and economic uncertainty rampages through the continent. An analysis of over 100,000 international removals quotes

The 14-Point Leasehold Pledge And The Freeholder Perspective

In March, 40 house builders and developers signed up to a voluntary 14-point pledge designed to end the practice of unfair and onerous leaseholds. Many of the most influential home builders have committed themselves to

Longest Uninterrupted Sequence Of Declining Landlord Instructions Since Records Began

The housing stock entering the UK property market is at its lowest levels since the UK decided to leave the EU in June 2016. Similarly, the decline in landlord instructions has consecutively fallen for almost

Government 'How To' Guides Emphasise Importance Of Price And Service Transparency

Conveyancer transparency in the home buying and selling sector was emphasised earlier today as the government published their detailed ‘how to’ guides on buying and selling property. The reports emphasise that consumers should be savvy

26 Solicitors Regulatory Authority (SRA) regulated firms out of a sample size of just 59 law firms providing trust and company services (TCSP) have been placed into the SRA’s disciplinary process for inadequate money laundering procedures.

26 Solicitors Regulatory Authority (SRA) regulated firms out of a sample size of just 59 law firms providing trust and company services (TCSP) have been placed into the SRA’s disciplinary process for inadequate money laundering

MPs Consider Banking Bill Regulations Trapping Mortgage Prisoners

A Conservative MP, passionate about helping the plight of mortgage prisoners, has convinced parliament to discuss the Banking (Consumer and Small Business Protection) Bill in a bid to persuade government to increase the help and

FCA Amend Standards Hindering Buyers From Finding Ideal Mortgage

The way customers choose their mortgage could be about to change following the Financial Conduct Authority’s (FCA) proposals to its mortgage sales requirements. Making up one section of the previously published Mortgages Marketing Study, the

Technical Specialists Appointed To Ready Land For Future Builds

Homes England have appointed technical specialists to help facilitate three national framework panels as the government prepare to ensure more public sector land, both brown and green belt, is fit to build upon. Homes England

Property Savers Not Flying The Nest Until 35-Years-Old

Flying the nest has never been more difficult for young UK adults saving for a property, as over half of the adult population, over the age of 35, still live in their family home. A

model houses in ring

Following the Government’s recent plans to abolish Section 21 notices or no fault evictions, the National Landlords Association (NLA) have launched a national postcard campaign which aims to inform the public and the government of

Bank Of England Predict Property Decline Amidst Brexit Uncertainty

Despite the number of sales received for registration increasing slightly between February and March, since the turn of the year sales received for registration have fallen by 11%. According to the HM Land Registry’s Price

Cootes Solicitors Nurturing And Developing Expert Talent

Coodes Solicitors have highlighted the importance of nurturing staff, training them and helping them develop as they have promoted four new Partners and four new Associates in recent weeks. According to The Annual Law Firms’

Stamp Duty Receipts Decline With UK Residential Transactions

Quarter one Stamp Duty Land Tax (SDLT) statistics have rubber stamped the long-held belief that property transactions are falling in the UK with residential transactions decreasing by 5% when compared with the figures from a

Law Commission Demand Improved Right To Manage Legislation

The Government requested that the Law Commission review the Right to Manage (RTM) legislation in July last year. The consultation paper has now been released with a number of amendments suggested to the current legislation.

Updated CQS Core Practice Management Standards Enforced From Today

All accredited Conveyancing Quality Scheme (CQS) firms must adhere to the new Core Practice Management Standards (CPMS) from today 1st may 2019. All CPMS regulations are now enforceable to all legal practices that have already

Latest Data Suggests Housing Stock At Lowest Recorded Levels

Both the supply and demand of property decreased in March as the anti-climax of the Brexit deadline continued to deter buyers and sellers from entering the property market. Demand for housing is now at its

83% Of Consumers Demand More Online Communication From Law Firms

The legal service consumer views online communication as a vital tool in creating a more efficient, cheaper service. According to a recent survey, carried out by mmadigital, 83% of respondents would opt to communicate online

Bottom Of Property Market Increasingly Dependent On Help To Buy

The bottom end of the English property market’s dependence on Help to Buy has become clear in recent days as the use of Help to Buy hit record levels in 2018 and is only continuing

HMRC Statistics Reveal Stamp Duty Land Tax Receipts Declining

Stamp Duty Land Tax (SDLT) has decreased by more than £1 billion in the past year according to statistics revealed by HM Revenue and Customs (HMRC). For the financial year 2017/18, the government amassed £12.9

Resolution Service Offers Interest-Only Mortgage Prisoners Options

Currently, there are around 1.7 million interest-only mortgages outstanding in the UK. When 200,000 of these mortgages are due to mature by 2020, it is understandable that a huge number of borrowers and lenders are

61% Of Firms Breached In The Past Year

Three in every five global firms have reported a serious data breach in the past year. The Cyber Readiness Report 2019, conducted by insurer Hiscox, found that 61% of firms have been breached in the

The survey results imply that female property owners in particular are reliant in the equity in their homes to help fund their retirement.

Almost a quarter of women over the age of 55-years-old are massively unprepared for financing their retirement. A recent report of 1,000 people over the age of 55, carried out by Sunlife, has found that

New Holistic Department Policing Letting And Estate Agencies Launched

A new umbrella team has been set up to oversee and police all regulatory legislation for both estate and letting agents. Under the new holistic department, The National Trading Standards Estate & Letting Agency Team

Lack Of Available Small Homes Deters Downsizers From Moving

A lack of available housing continues to plague the property market, with potential downsizers being deprived of appropriate property which could influence them in making the move into a smaller home. According to a recent

Cyber Security Measures Improving But UK Firms Still Vulnerable

Millions of people across the globe continue to use hack-able passwords, underestimating the importance of creating a unique password to protect themselves, their business and clients from cyber criminality. The inaugural UK Cyber Survey, released

Quarter One Report Blames Reducing New Listings For Sluggish Market

Reducing property instructions and a lack of new listings is causing the property market to remain sluggish in the opening quarter of 2019. According to the TwentyCi & Property Homemover Report 2019, the 430,000 new

February's UK Transaction Data Shows Growth Amidst Longer-Term Slowdown

Transaction and Volume data indicates that fewer transactions are taking place as the UK hunkers down whilst the Brexit storm continues to bluster. Official data sources suggest that, whilst UK property transactions are displaying marginal

Report Claims More Funding Needed For Affordable Housing

In order to reach the target of 300,000 new homes by 2025, the construction sector output will need to grow by 26% over the next seven years or 3.4% per annum according to a new

Band Of Mum And Dad Raid Home Equity To Fund Younger Relatives

Record numbers of UK home owners used equity release products to help younger relatives buy property in 2018. According to the 2018 Equity Release report, published by retirement finance specialists Key, 27% of equity release

FTBs Increasingly Reliant On 40-Year Mortgages To Afford Property

Despite the recent market slowdown bringing wages more in line with property prices, there is increasing demand for the mortgage market to offer more 40-year mortgage terms. According to data from Santander Mortgages, around half

Increase In 95% LTV Mortgage Products Helping Buyers

The number of lenders offering mortgages to low deposit buyers has increased significantly in the last decade. According to figures obtained from Moneyfacts.co.uk, since 2009 the number of providers offering mortgages to savers with a

Labour Housing Policies Aim To Reduce House Price Inflation

As the political climate continues to resemble an Easter Egg left under a hot sun, the likelihood of a general election lurking on the horizon is increasing. In a bid to win over voters, Labour

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