House in human hands

Every month we are intending to interview one major introducer of work to conveyancers to understand their business, what they want from conveyancers and what frustrates them. This is the first in the series. If

The Daily Deceit In Home Buying And Selling Process

We only have to watch the news for a short amount of time to understand that the world is full of lies and deceit. This is not always a bad thing; I will always wax

lawyer magnifying glass

A London lawyer, whose clients were linked to the Panama Paper scandal, has been fined by the Solicitors Disciplinary Tribunal (SDT). Khalid Mohammed Sharif, partner at Westminster private client firm, Child & Child, was fined

K House Price Index Claims Annual Prices Increase By 2.8%

According to the recent figures from the Office for National Statistics (ONS), UK house prices grew by 2.8% in the year to November, this is a slight increase from October’s annual house price growth of

2019 Predictions To The Changing Propert and Coveyancing Sector

The Prime Minister has just suffered the largest commons defeat in political history and the uncertainty created by Brexit is having a huge impact on the property market. Whilst the short-term outlook remains bleak, it

RICS UK Residential Property Report Suggests Short-Term Market Depression

The Royal Institution of Chartered Surveyors (RICS) UK Residential Market Survey reported that December’s figures meant the year ended extremely weakly. The report also predicts that the next three months are going to show a

In a bid to prevent economic crime from increasing in the UK, The Home Secretary, Sajid Javid, and Chancellor, Phillip Hammond, have announced that they will jointly chair a new Economic Crime Strategic Board.

In a bid to prevent economic crime from increasing in the UK, The Home Secretary, Sajid Javid, and Chancellor, Phillip Hammond, have announced that they will jointly chair a new Economic Crime Strategic Board. The

Property Consultancy Predicts Significant Rise In Property Prices And Private Rent

CBRE, an independent property consultancy, predicts that the property market is set to continue growing despite the present Brexit uncertainty and political turmoil. According to CBRE figures, forecasts of 1.8% growth are predicted in 2019;

Date For Implementation Of Tenants Fees Bill Announced

It has been a long and arduous process as the Tenants Fees Bill ricochet, rebounded and recoiled through Parliament, but from June 1st this year, it will become illegal to charge fees to tenants in

HM Land Registry Looking For New Chief Executive

HM Land Registry are officially looking for a new Chief Executive following the resignation of Graham Farrant who has left the company to take up a new role for a Southern local authority. Mike Harlow,

Housing Stock Prices Reach Record Levels

Recent research from estate agents Savills has placed the official exclamation mark to the end of claims that housing has reached an affordability ceiling point as housing stock reached record levels. Despite the political landscape

Over 30% Of Housing Transactions Fell Through In 2018

There has been a significant increase in incomplete and failing housing transactions according to a recent report from Quick Move Now. In total, 49.8% of all house sales in England and Wales fell through before

Collaboration And Innovation Within The Legal Sector

Technology has forced the legal sector to innovate in order to manipulate and sculpt technology to suit the needs of law firms. The legal sector is increasingly using online document portals, online contracts, electronic case

New Private Housing Construction Increases In November

November’s construction output in Great Britain, released by the Office for National Statistics, has found that all work has increased by 2.1% on a quarterly to quarterly series. All new work had increased by 3.4%

High Street Estate Agents Declining By Nine Per Week

The decline in the high street has been evident over the past two decades. Remnants of huge commercial units that were once filled with long-term high street stalwarts like Woolworths and C&A are now occupied

Residential And Buy-To-Let Mortgage Rates Reducing

Buyers within both the residential and buy-to-let sector have enjoyed a range of new products and reduced rates on existing products in recent months. Within the past week, mortgage lender, Barclays, have released eight new

FTB Mass Exodus Predicted Until Brexit Reaches Conclusion

Concerned that Brexit uncertainty could taint the purchase of their first taste of home ownership, first-time buyers are delaying making a housing offer prior to the Article 50 deadline of March 29th. Although confidence in

Conveyancer Jailed Following Property Fraud And Money Laundering

A solicitor has been jailed following a conviction for money laundering. Greater Manchester Police had been investigating the criminal activity of an organised group for some time before the arrests were made. In order to

3 Million People Resigned To Repaying Mortgage Past Retirement Age

Figures released by leading mortgage broker London & Country (L&C) reveal that one in five mortgage holders believe they will still be paying off their mortgage beyond the age of 65. 19% of those who

Leasehold Advisory Service Bolstered By High Profile Appointment

The Leasehold Advisory Service (LEASE) have appointed Wanda Goldwag, the current Chair of the Office for Legal Complaints within the Legal Ombudsman, as Interim Chair. It is hoped that LEASE, the executive, non-statutory non-departmental public

Mortgage Approval Levels Down 20% Over Past Three Decades Whilst House Prices Rise

New lending figures released by the Bank of England reflect the general sluggish state of the property market as political uncertainty continues and consumer confidence remains low. The number of mortgage approvals for property purchases

Three Million New Social Homes Needed By 2040

A recent report has claimed that three million new social homes must be built by 2040 in order to solve the developing housing crisis in England and Wales. The cross-party commission, including Ed Miliband and

CILEX Claim Leaseholders Require Increased Powers

A recent response by the Chartered Institute of Legal Executives (CILEx) to the Law Commissions consultation ‘Leasehold home ownership: Buying your freehold or extending your lease,’ has claimed that leaseholders continue to be placed at

Continuing house price stagnation predicted for 2019

Leading mortgage lender Halifax is predicting house price growth for the coming year of between 2% and 4%. This time last year their estimate was growth of between 0% and 3%, with the actual figure

According to the independent thinktank, Resolution Foundation, the government could save the UK economy £7 billion per year by 2022 through reforming a number of wealth taxes.

According to the independent thinktank, Resolution Foundation, the government could save the UK economy £7 billion per year by 2022 through reforming a number of wealth taxes. The thinktank claims that funding our ageing welfare

Price Transparency and the SRA's Risk Score System

It seems as though the conveyancing sector spent most of 2018 discussing and fretting over price transparency changes that came into force on December 6th. Now that the deadline has passed, and regulated law firms

Construction Figures Reach 3-Month Low In December

Figures released by a leading financial data company have revealed that construction sector growth fell to 52.8 last month, down from November’s level of 53.4. The IHS Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) report

The Final Journey Of The Tenants Fees Bill

Throughout 2018 the Tenants Fees Bill made its arduous journey through the Parliamentary system in preparation for becoming law in 2019. In October, the House of lords pushed the Bill closer to becoming law following

Growth In House Prices Weakens As Brexit Uncertainty Continues

Figures released by lender Nationwide reveal that house prices are growing at the slowest rate for almost 6 years. The house price index for the year ending December 2018 stands at 0.5%, compared with 2.6%

Property Sales Down In Two-Thirds Of Local Authority Areas

Modular homebuilder Project Etopia has revealed that out of 374 local authority areas, 241 saw a drop in the level of house sales last year. Despite schemes designed to stimulate the property market such as

Giving Up Lattes To Buy A House: FTBs Forced To Eradicate Luxuries

A recent article published on home buying website reallymoving.com has thrown a spotlight on how much is needed by way of a deposit for a first time house purchase. Reallymoving.com suggest that giving up luxuries

First time buyers figures highest for twelve years

First time buyers with mortgages now account for 50% of house purchases, the highest level since 2006, before the financial crisis. The First Time Buyers 2018 report released by Yorkshire Building Society reveals that 367,038

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