HM Land Registry Update on digital land charges roll out

HM Land registry (HMLR) have boasted that their digital, holistic Local Land Charges (LLC) system will reduce official search times from “8 weeks to 8 clicks.” Although the system and allure of instant results will

Remortgaging hits a ten year high

The residential remortgaging market has seen the strongest July in a decade. That’s according to new figures from UK Finance. The findings by the industry trade body reveal that there were 46,900 new homeowner remortgages

Government Increase Funding for Additional New Build Sites

The housing crisis in England and Wales has been a consistent discussion topic amongst conveyancers in recent years. The Government’s desire to build 300,000 homes per year is inevitably outweighed against the issues like desirable

UK House Price Index Recognised as National Statistic

The UK house price index (UK HPI) has been well respected for a significant period of time. It has now been recognised as a National Statistic by the Office for Statistics Regulation. Deemed as providing

Executors selling Long Leaseholds offered relief

The case of Villarosa V Ryan (2018) has been a complex one. However, the recent ruling and slight amendments to the Housing and Urban Development Act 1993, will now permit an executor to apply for

Carney Warns a No-Deal Brexit could cause a housing crash

Mark Carney, the Bank of England’s Governor, has issued a stark warning that a no deal Brexit could set the housing market dominoes in motion, culminating in a significant and prolonged crash. Among the headline

Average cost of moving home exceeds £12,000 for the first time

According to the Lloyds Banking Group, the average cost of moving home has increased by 4% in a year from £11,624 to £12,110. The holistic figure is calculated by adding up stamp duty, home removal

Legal Service Robots Are On The Rise

The rise of the robots has plagued the imagination of science-fiction since its inception. Whether it involved Asimov’s three rules of robotics or the time travelling robotic psychopaths in the Terminator franchise, the world has

Land Value Capture Reform Could Cause Housing Slowdown

The Housing, Communities and Local Government Committee has written a report advising a range of reforms to Land Capture. Amidst other changes, removing hope value on land was near the top of the agenda. However,

Regulators Meeting Offers Mixed Feelings Towards December’s Price Transparency Deadline

Despite the December deadline of the Competition and Markets Authority (CMA) recommendations into price transparency rapidly approaching, many regulators are still uncertain as to how they will implement the changes. The SRA came to the

Single Income Public Sector Workers Cannot Afford To Own Property

The union UNISON has claimed, through a recent report, that public sector workers face a near impossible task of owning their own property on their single public sector salary. The ‘Priced Out’ report is based

In the age of price transparency, the future of legal services has been uncovered with the increased services to website ReviewSolicitors. The site has grown from strength to strength since its creation in 2015. They

Digital Conveyancing

Residents of 95 property estate in Framlingham, Suffolk have been left feeling anxious and angry after being told that their brand-new homes do not have full and appropriate planning permissions. Initially, the 95-home plot at

New Legal television show set to air pilot

Have you ever started talking through the conveyancing process with a client, only to see their faces glaze over in panicked confusion? Well, all of this could be set to change with the imminent release

The Bank of Mum and Dad Search for Financial Guidance

The age of the millennial has been technologically enlightening, improving the ease in which we can access information. However, when the bank of mum and dad is on the rise, a recent survey has found

Ombudsman Plea for clarity on new build redress

Following the shocking NAEA report that highlighted the mis-selling and disguising of leasehold property as freehold, the Property Ombudsman is pleading with the Government to bring new build property under the umbrella of consumer redress.

Customers sign the final paperwork, receive the keys and drive up to their shiny, untouched new build with a naive optimism and pride that they own their own forever home, only to discover that they

Facebook enter the buy-to-let market

Facebook are set to launch into property by placing rental property listings to their Marketplace function. Initially, the listings will be supplied by Zoopla and OnTheMarket, but it is assumed that many portal-based agents will

converting enquiries residential conveyancing

The environmental organisation ‘Friends of the Earth’ is seeking High Court Action in the hope of forcing the Government to carry out adequate Strategic Environmental Assessments (SEA) of the policies embedded with the National Planning

30% of people recently surveyed, by When You Move, claim that their property completions were delayed by an average of 6.4 weeks because their conveyancers were out of the office. Whilst there are many reasons

OneFamily Advice to offer holistic financial planning

A recent report, carried out by Legal and General and Centre for Economic Business Research (Cebr), has found that parents are struggling to help their children acquire property and it is making them feel financially

Digital Conveyancing

Not since 2012 have monthly house prices fallen so dramatically, with prices decreasing by 0.5% month-on-month. It seems as though all recent reports into the housing and conveyancing market deliver apocalypticesque conclusions and a new

House prices

In the midst of the Tenants Fees Bill that is due for Third Reading on Wednesday, the Government have published a deposit schemes paper that indicates the main problems with the existing system involve non-compliance

The city of Liverpool, 2008’s capital of culture, is ready to be one of the first cities in England and Wales to embrace the Local Land Charges (LLC) register, a digitised service provided by HM

Sadiq Khan, Mayor of London has announced a new housing partnership to bring 5,000 new houses to the district of London. This follows more money given to the city of London to build more affordable

The Council for Licensed Conveyancers (CLC) has had its reform proposal approved by the Legal Services Board (LSB) Similarly, to the reforms made by the Solicitors Regulatory Authority (SRA), the CLC aimed to empower consumers

A new report, by retirement developer McCarthy & Stone, commissioned a survey of pensioners and found that over 20% of respondents would be encouraged to move into a smaller property if additional help, like stamp

A recent report, by law firm Collyer and Bristow, looking into home ownership attitudes and aspirations, has found that 32% of potential buyers believe that the only realistic way they can envisage finding the necessary

Gaining a foot on the property ladder could begin to get a little easier for those that have previously struggled with finances. Moneyfacts data has indicated that mortgage deals on the market aimed at those

House prices

The HM Land Registry Price Paid Data that tracks land and property sales for England and Wales has found a clear increase in all property types for the month of July. The data reveals that

As the use of equity release grew past £3.06 billion in 2017 with a further 25% increase in quarter one data to more than £870 million, many speculate that equity release could replace downsizing in

House prices

With headline cities like Liverpool, Belfast and Aberdeen still lingering below the house prices of 2008, the effects of the economic crash are still clearly being felt a decade later. The recent report, carried out

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