Thirdfort is delighted to announce a £400,000 pre-seed funding round led by Alex Chesterman (founder of Zoopla) and Lawyer Checker (leading legal anti-fraud specialist). The funding will be used principally to grow the team to

CLC Responds to Regulatory Movement

Following the news that three firms have taken advantage of the Solicitor Regulation Authority’s (SRA) removal of the six month run-off indemnity insurance for firms leaving the regulator by joining the CLC, it has emerged

How will blockchain change property auctions? 

There has been a lot of discussion in the property sector about how Blockchain technology is shaking things up. Most of it focused on how Blockchain could revolutionise the Land Registry, see an end to

Promoting Diversity Still An Issue In Legal Sector

A recent report has contradicted the long-held assumption that law firms are becoming more socially diverse at entry level which filters through overtime to a more socio-economically diverse management structure. The report, carried out by

New Housing Measures Announced

Using the Conservative Conference as a springboard to reveal their latest policy ideas, the government have announced new housing reforms that aim to support homebuyers, ensure that the country has the new housing stock it

London Housing Crisis Driving Workers North  

New analysis has found that 28% of companies in London have seen staff leave because of soaring housing prices. According to the latest CBI/CBRE London Business Survey, 66% of respondents said that housing costs and

Conveyancing Firms Benefiting From SRA Run-off Insurance Cover Change

Three firms have taken advantage of the lapsed SRA indemnity insurance run-off requirement by moving from the Solicitor Regulation Authority (SRA) to the Council for Licensed Conveyancers (CLC). In recent months, conveyancing specialists Fidler &

Government Could Withdraw Leasehold Properties From Help To Buy

Leasehold properties have been vilified in recent months as confused tenants accused residential property developers of mis-selling the homes as ‘virtual freeholds.’ Hundreds of developments have suffered from housing developers selling leasehold properties, only to

Small Businesses Will Use Solicitors Because Of Price Transparency

A recent survey, carried out by YouGov and Europe Economics for the Solicitors Regulatory Authority (SRA), questioning more than 4,000 small businesses, business owners and managers has looked at how price transparency would impact on

6% Of Law Firms Suffered A Data Breach This Year

The Law Society have released their findings into the use of Professional Indemnity Insurance. Worryingly, 32% of law firms reported being targeted by cyber fraudsters in the last year. In particular, law firms have reported

Conservative Policy Increases Stamp Duty For Foreign Buyers

The Government have announced plans to increase the Stamp Duty Land Tax on foreign buyers. The policy aims to increase the current additional tax from 1% to 3%. During the unveiling of the new tax,

10% Decrease In First Time Buyer Market Share

The National Association of Estate Agents Propertymark (NAEA) have found that first time buyers (FTBs) looking for homes have reached a three year low in August. June boasted a strong month for FTB market presence

HMRC Publish Stamp Duty Increases for 2017-2018

Stamp Duty Land Tax (SDLT) has been a constant staple of the housing markets dietary requirements in recent years. Over the weekend, HMRC released the Annual Stamp Tax Statistics for 2017-2018. The key statistics indicate

Conveyancers Should Have Funds The Day Before Completion

The Society for Licenced Conveyancers (SLC) is calling for all its members to do everything in their power to avoid additional delays in the home buying process. In particular, the SLC believe that conveyancers should

Home Buyers Taking Longer Before Making An Offer

In a time of political uncertainty and anxieties concerning the future of our country as we exit Europe, it is unsurprising that potential buyers are viewing property for 23% longer before making an offer. A

CLC Price Transparency Guidance Announced

If you are a member from the Council for Licensed Conveyancers (CLC), then the deadline for price transparency has been officially set for December 6th. Yesterday, the CLC released their official guidance and pricing templates

Today’s Conveyancer Second Roundtable Roundup

Representatives from the UK’s most respected conveyancing firms, innovative suppliers to the sector, technology experts and industry commentators gathered yesterday to discuss the key topics concerning the sector. Hosted by Chris Harris, Managing Director of

Are tenants being offered increased protections

The start of improved reforms that will give tenants more rights will come into force over the next few months. Keen to highlight a desire to improve the rights of private tenants, the Government have

£1.9 billion announced to tackle housing shortage

The government has announced two new streams of investment to tackle the current housing crisis and ensure homes are built in areas where they are needed most. The packet of measures includes a £1.3bn Land

Today’s Conveyancer Second Roundtable Roundup

Representatives from the UK’s most respected conveyancing firms, innovative suppliers to the sector, technology experts and industry commentators gathered on Tuesday to discuss the hot topics concerning the conveyancing sector. Hosted by Chris Harris, Managing

Consumer Confidence in Housing at all time low

The Building Societies Association’s (BSA) Property Tracker Index has found that consumer confidence in the housing market remains low. The figure for September sits at the negative figure of -4% which is a 3% decrease

Families Continue to Live in Leasehold Nightmares

Getting the keys to your new home following the arduous home buying process is usually a milestone memory of joy that is difficult to replicate. However, for the thousands of people trapped in unreasonable leasehold

The Difficulty in Recruiting and Retaining Talented Legal Service Providers

With the imminent arrival of price transparency and the need to highlight an expert staff and superior services, the importance of retaining skilled talent has never been more vital. Recent surveys suggest that there is

The LegalTech North Conference aims to bridge the gap between law and technology, bringing lawyers together with innovative tech solutions. The one day event in November will explore how technology can be used to resolve

Equity Release Beginning to Dominate in Later Life Planning

The recent Autumn 2018 Equity Release Market Report has found that there has been a staggering 81% increase in equity release from H1 in 2016 to H1 in 2018. Among reasons including improved social care

The legal sector and war against cyber criminals

The war against cyber criminals has been under way for many years now. In most cases we hear about the detrimental impact cyber criminality is having on law firms. Lured in by the sensitive information

Labour announce their housing policy intentions

With whispers and rumours of a possible snap election in the near future, Labour have announced a number of potential housing reforms that they hope will reinvigorate the housing market and improve the housing crisis.

57% of Small Law Firms completely unprepared for reforms

Despite industry wide publicity and constant speculation, a recent report has claimed that 57% of small law firms remain ‘completely unprepared’ for December’s reforms or had no idea that there were any proposed changes. The

Today’s Conveyancer Second Roundtable Roundup

On Tuesday, representatives from the UK’s most respected conveyancing firms, innovative suppliers to the sector, technology experts and industry commentators gathered to discuss the hot topics concerning the conveyancing sector. Hosted by Chris Harris, Managing

Report Claims Law Firms Are Ignoring Potential Clients For Days

In a time when regulatory reforms are creating an increasingly competitive and hostile environment, it is shocking that some law firms are ignoring potential enquiries. The recent research, by Insight6, a customer experience expert, sought

Last night the conveyancing event of the year was enjoyed by a record number in attendance. Amidst the glitz and glam of the event at the prestigious VOX centre in Birmingham, the LFS Conveyancing Awards

A better deal for leaseholders could be on the horizon

Following recent concerns surrounding leasehold property, The Law Commission has suggested a number of reforms that could potentially ease the difficulties with leaseholders buying the freehold title to their property. The proposed reforms include making

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