Company Black Brick has conveyed concern about the adverse effects Stamp Duty is having on the economy, according to their housing transactions this year. Throughout the first half of 2018, Black Brick’s housing transactions were

Cyber criminals

£236 million was lost to fraudsters last year, according to recent information from HL Partnership. In the majority, poor security, the use of vulnerable email accounts, or clicking on seemingly innocent phishing links have been

The SRA’s Annual Review for 2017 has found that the Solicitors Regulation Authority (SRA) awarded £15.2 million in grants from the Compensation Fund, this is a £5 million increase on 2016 figures. The average claimant

House prices

Despite the number of housing transactions decreasing in recent months, the number of mortgage approvals have increased, according to a survey from e.serv. The survey compares the nation’s changing monthly mortgage approval figures and has

Despite Government incentives and plans to help ease the burden for first-time buyers, a recent report conducted by Aldermore, insists that many still struggle under the immense stress and pressure buying a property can place

The recent Legal Services Sector Forecast report, published by The Law Society, indicates that the sector will enjoy a brief buoyant market, followed by a sustained slowing of growth. The short-term predictions look optimistic for

Disciplinary proceedings

Following The Law Society’s recent condemnation of the Solicitor Regulatory Authority’s (SRA) transparency reforms, The Law Society have now opposed the SRA’s plans to amend the Solicitors’ Handbook. In a recent letter to the Legal

A recent survey, of over 300 respondents aged over 55, carried out by Moneyfacts has revealed that they are overwhelmingly opposed to seeking advice on equity release. 81% of those surveyed would not look for

The Law Society claim that conveyancing panel memberships, and the increasingly demanding standards needed to remain a panel member, reduce consumer choice, push-up consumer fees and should be investigated further. The Law Society has stated:

blockchain

Proptech is a growing industry that is forcing legal service providers to consider how they interact and use technology to improve the property moving process; however, could latest technological innovations force us to redefine the

Recent research, carried out by Rightmove price index, has shown that newly-marketed property suggests an asking price reduction of 2.3%, around £7,200 drop on the average price of a house. The statistics also highlight that

The word ‘transparent’ is quickly becoming common place in the conveyancing sector. Well, it has been used again with the Solicitors Regulatory Authority (SRA) and Legal Ombudsman’s (LeO) claims that legal service companies are not

In a time when people are finding it increasingly difficult to save for a house deposit, recent Government statistics show that over 420,000 people have successfully bought homes using the various Help to Buy schemes.

converting enquiries residential conveyancing

Although UK house prices continue to increase, they are rising at their lowest levels since 2013, according to the most recent HM land registry price index data. House prices increased by 3% in the month

House prices

Today’s property market, much like the stereotypical bouncer of a weekend nightclub, is asking the young for their ID and then preventing them from purchasing property, according to a recent joint report carried out by

Following the news that primary estate agencies in England and Wales had shrunk by 3.09% within a year, doubts have been cast over the fate of the current conveyancing sector. It would seem that the

The hornets’ nest, that Boris Johnson kicked up earlier this week, is raging on with many speculating on how to best improve the flow of housemovers. Once again the issue of stamp duty relief was

Recent figures, published by UK finance, have highlighted a clear correlation between the recent interest rate rises and the property market in June. The main headline figures are not fantastic reading for the month of

trading standards

A press release by The Law Society earlier today has firmly rejected the proposals made by the SRA into transparency reform because they would severely reduce consumer protections, rather than create transparency and increased choice.

Whilst the world has been vilifying former foreign secretary, Boris Johnson, MP for Uxbridge and South Ruislip, he has been berating current government policy concerning stamp duty. The article warned that young people are feeling

House prices

Recent Halifax data has tracked the average national deposit for a first-time buyer at an unassailable £33,127. Staggeringly, this is a colossal increase of 71% when compared with the 2008 deposit figures of £19,364. In

Through a new remortgage product, Tesco remortgage customers are being offered a cashback amount ranging from £250-£1000 or they can take advantage of a free conveyancing service. Julian Hartley, director of mortgages, savings and loans,

Despite government attempts to help first-time buyers, a recent report by L&C Mortgages has revealed that almost a third are still confused by the stamp duty changes. Astonishingly, and in spite the government widely publicising

The Legal Services Board (LSB) has unequivocally agreed with the recent Solicitors Regulatory Authority’s (SRA) price transparency reforms. Under the new regulations, the SRA has said that all costs should be “clear and accessible,” ideally

Property Network

According to Property Week’s recent survey, conveyancers are excited by the increased use of proptech in the property industry. The report found that 61% of respondents believed that technology will only have a more positive

In a time when house sales remain flat or falling, propcast have issued their figures for August, informing the public about how different regions fair in terms of house selling. According to HMRC statistics: “UK

A recent joint memorandum made by various sections of the Northern Irish property professionals has indicated that improved communication is important to ensure a smooth and swift home buying experience. The Joint Memorandum on improving

The Mayor of London, Sadiq Khan, has criticised the Draft Tenants Fees Bill which looks at bolstering the rights of private rental tenants. Whilst home ownership continues to decline and getting a foot on the

Following on from a recent article highlighting the interest rate implications for buy-to-let property owners, it would seem that the government are considering a stamp duty surcharge on additional homes, holiday homes and buy-to-let property.

Under the updated rule 14.5 of the Solicitors Regulation Authority (SRA) Accounts Rules, the SRA have issued a warning notice on how all practitioners who have any involvement in holding or using money received for

House prices

Following The Bank of England’s decision to increase interest rates from 0.5% to 0.75%, industry insiders have revealed that buy-to-let landlords and first-time buyers will be most affected. This in turn means that private tenants

A recent report into how consumers are choosing legal services has found that users are driven by many factors, but they are not shopping around for legal services. Shockingly, the report, carried out by the

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