A new Freehold Management Enquiries form (FME1) is being launched in order to ensure buyers of a property, where a service charge or estate rent is likely to be charged, are fully aware of this

Following the most recent Land Registry data that found property growth at its slowest recorded level in five years, shares in house builders plummeted. Four of the top ten worst performing shares belonged to house

The Solicitors Regulatory Authority (SRA) have confirmed that their new regulations will come into force on November 25 2019. The SRA have claimed to have streamlined the rules, making them shorter and more specifically targeted

The Solicitors Regulatory Authority (SRA) is set to write to 400 firms reminding them of their obligations to remain compliant with the 2017 changes to money laundering regulations. Following this, non-compliant firms could face significant

The most recent UK House Price Index Summary from HM Land Registry has found that as the property market entered the new year, January’s figures showed signs of a subdued market. Even though January is

The amount of older home owners that have benefited from considerable increases in the value of their homes, are also using this equity to help their younger relatives become first-time buyers. In fact, when the

Despite increased attempts to crack down on money laundering, the opaque and murky reality of UK property ownership was made clear this weekend with the announcement that more than £56 billion (taken from Land Registry

Only 8% of small to medium sized law firms have failed to implement any cyber security measures last year. In comparison, over a quarter of the UK’s small to medium sized enterprises (SMEs) have no

The usual buoyant residential spring market has failed to spring into action. Instead, continued uncertainty around the UK’s future in Europe is stifling the property market and subduing transaction figures. According to the most recent

According to the latest mortgage report from e.surv, in the month to February the number of loans approved has increased by 3.8%. Although the mortgage market continued to grow in February, there are indications that

With the door locked on a no-deal Brexit, at least for the time being, and an EU extension until May very likely, it is unsurprising that Brexit is viewed as the biggest challenge facing the

A recent report has claimed that one in six UK housing transactions are currently falling through and failing to complete. Although these figures are more conservative than government estimates that speculate somewhere between a quarter

The UK National Crime Agency and the Home Office have been under immense scrutiny in recent months regarding their perceived inaction concerning new anti-money laundering regulations that were introduced in June 2017. Since that time,

Following the Law Commission’s ‘Commonhold: A Call for Evidence’ request, the report has found that mortgage lenders are anxious about lending money to commonhold properties amidst fears over increased insolvency risks. The nightmare that leasehold

Despite the Intermediary Mortgage Lenders Association (IMLA) speculating that house prices and transactions would remain flat in 2019 amidst Brexit uncertainty, Q4 statistics for 2018 highlighted significant growth in the use of intermediary lenders. The

The Spring Statement announced itself by declaring the financial promises do not amount to a budget with a number of housing measures being suggested to improve the broken housing market. In particular, the government will

A recent housing index, carried out by Agency Express, has echoed UK wide trends and sentiments that sellers remain nervous to enter the housing market in the midst of severe political uncertainty. Whilst sales increased

A recent Freedom of Information (FoI) request has found that law firms were amongst the quickest organisations to react and report data breaches to the Information Commissioner’s Office (ICO). However, in the time prior to

Currently, leaseholders who successfully sue their freeholder are frequently liable to pay the legal costs incurred by the losing side. As was reported in The Sunday Times, this legal loophole often leaves leaseholders burdened with

A recent report, completed by the Communications Committee in the House of Lords, has claimed that the use of and reliance on digital technology has moved at a swifter pace than the regulations monitoring business

The majority of law firms have failed to prepare for Brexit and do not prioritise it as an immediate concern despite the March 29 deadline just weeks away. According to the most recent Bellwether Report

A new report released on Friday believes that the UK’s anti-money laundering system is fragmented and needs urgently re-ordering. The unanimously agreed report ‘Economic Crime – Anti-Money Laundering Supervision and Sanctions Implementation’ was transparent in

March 8 marked the annual International Women’s Day (IWD). Whilst ‘great strides’ have been taken since the Sex Disqualification Act was passed in 1919, allowing women to train as a solicitor, recent Law Society research

One of the oldest law firms in England has fallen into liquidation and closed its doors after almost 250 years of providing legal advice. Founded in 1773, Brighton Firm Howlett Clarke Solicitors, would have been

Reduced housing stock has created a short-term sellers market that has inflated price growth for the month of February according to a recent report. Halifax House Price Index have found property prices have increased by

Throughout 2018, struggling estate agents, Countrywide, waded through attempts to accrue emergency fundraising revenue, a plethora of profit warnings and reducing share value. Full-year adjusted earnings plummeted by 49.2% to £33 million and group income

Declining quality in newly built homes has prompted an industry think-tank to call for immediate changes to ensure new homeowners are not left abandoned to deal with their extensive snagging lists. The report by the

Although many experts have predicted that house prices could be adversely affected by Brexit outcomes, in the past five years property prices have skyrocketed by up to 60%. A recent report carried out by property

The Council for Licensed Conveyancers (CLC) have welcomed the recent guidance to estate agents on referral fee transparency, claiming they are a ‘step in improving the homebuying process for consumers.’ Clarification on referral fees guidance

UK construction activity has fallen for the first time in eleven months, according to a recent report. The IHS Markit/CIPS UK Construction PMI for February found that the UK’s building output for the month was

The vast majority of millennials that currently own property are adamant that Brexit ambiguity will be the main deterrent preventing them from attempting to move home within the next two years. According to recent research,