Law Society Survey Results Revealed In Application To Legal Services Board

In an application to the Legal Services Board (LSB) that has the Law Society asking for the Practising Certificate (PC) fee to remain the same, the results from a recent survey, regarding the fee, have

Mortgage Market Has Felt No Immediate Impact After Stamp Duty Holiday

Despite the stamp duty holiday, the mortgage market has felt no immediate impact, online mortgage broker Trussle has reported. With lenders reducing the number of products with high LTV rates during the pandemic, many struggled

Calls for stamp duty changes to become permanent

One of the UK’s leading independent real estate consultancy has stated that the stamp duty holiday, which has raised the threshold in which stamp duty becomes payable, should be made permanent. The stamp duty holiday,

Online estate agency Yopa has released a statement saying the company it has reached profitability six months ahead of schedule

Online estate agency Yopa has released a statement saying the company it has reached profitability six months ahead of schedule and now holds “a substantial amount” of cash on its balance sheets. July showed massive

National Firm Closed Down By SRA

A national firm, with offices across the United Kingdom, has been closed down by the SRA after they failed to comply with terms of its licence. An SRA spokesperson stated: “An intervention means the SRA

Buying A Home More Important Than A Summer Holiday

In what Rightmove is describing as the “rulebook being rewritten”, the mini boom the housing industry is currently going through is accelerating rather than decreasing. Usually the summer holidays are a time of relief for

Industry Response To Increase In Conveyancing Vacancies

Following Today’s Conveyancer’s report on the increase in demand for conveyancers, reflected by the increase of vacancies on job site Indeed, we discuss reactions from those in the industry. New data this week has shown

Increase In Boundary Disputes During Lockdown

Litigation lawyer and dispute resolution expert Guy Barr says his law firm has experienced a surge in boundary disputes during lockdown due to warring neighbours. Guy, who is Head of Dispute Resolution at Gordon Brown

Conveyancing Paralegal Banned for Covering Up Mistake

Paralegal, Amy Hannah Whiting, has been banned from working in law firms after attempting to cover up a mistake in not sending an updated plan to the buyer’s solicitor. In January 2019, following the client

Anti-money-laundering specialist SmartSearch, has stated that backlogs in issuing official ID documents has created a surge of interest in remote, document-free electronic ID verification. The Passport Office and DVLA issued warnings of significant delays in

Land Registry Improves User Experiences In Portal

HM Land Registry has confirmed that customers are now able to manage all applications through the Land Registry Portal as well as all correspondence in one place. Following the announcement that Land Registry was to

Leading Professionals Call On Governement To Clarity On Deferred Debts

The UK’s leading professional services group of independent chartered accountancy and law firms, the UK200Group, has called for the government to put in place measures for the handing of billions of pounds worth of business

increase in enquiries from overseas buyers

Legal & General Mortgage Club has stated that there has been a significant rise in adviser mortgage searches for non-UK residents since the stamp duty holiday announcement. The SmartrCriteria tool, from the Club, has shown

Surge In Conveyancing Vacancies

Since the 23rd July 2020, Today’s Conveyancer has been keeping track of the number of adverts that include the term “conveyancer” on recruitment website Indeed, which has shown an increase of over 34%. Estate agents

Responses to Proposed Planning Reform

Following the white paper reforms to planning, we round up some of the responses by those in the industry. Yesterday the Housing Secretary Robert Jenrick (6 August) announced an overhaul to the planning system that

Rightmove Half Year Results 2020

Rightmove results have been released showing a revenue and profit drop for the six months to 30 June 2020. Dominated by the pandemic, for the first six months of 2020, it is not surprising that

Consultation To Reform Planning System For The Future

Today, 6 August, Housing Secretary Robert Jenrick announced that an overhaul of the planning system is needed, to deliver “high-quality, sustainable homes communities need” and that need will be at the heart of “significant reforms”

Thinktank Recommends Tax Grab With New Property CGT

Since the escalating costs of support to the nation throughout the pandemic, as well as the stamp duty holiday announced by Chancellor Rishi Sunak, many have wondered how the government will make up the loss.

Larger Law Firms To Face New Economic Crime Levy

Announced in the Budget in March, larger law firms will face a levy of between £100 and £200 per every £1m of revenue, that will go towards supporting the government’s economic plan. Firms that are

New Stamp Duty Land Tax Rates For Non-Residents

Non-residents will have new rates of Stamp Duty Land Tax (SDLT) from the 1 April 2021 under new measures. The new rate will be 2% higher than purchases made by UK residents, and will apply

Free Mentoring Offered To Firms To Help Develop Equality, Diversity And Inclusion

A new scheme launched this week that will give law firms the opportunity to develop their approaches to equality, diversity and inclusion (EDI) with 12 months of free support from firms recognised as leaders in

National Accident Helpline Pre-close Trading Update

The National Accident Helpline Group PLC (the “Group”) has today released its Pre-close Trading Update and Revised Banking Facility document. Despite the results being significantly impacted by the pandemic, NAHL has responded well, with the

Reopening the Housing Market – Industry Guidance And Professional Experience

Pan-industry guidance has been released to professionals in the property industry to provide them with information “to enable them to complete moves while maintaining safety as social distancing measures are eased”. Developed collaboratively from organisations

Over the last 12 months Land Registry has paid out £5.3m in compensation for inaccuracies in its register and compensation for fraud. Representing only 0.00008% of the title value of property in its register, the

CGT Review Could Be Disasterous For The Housing Market

A review into the Capital Gains (CGT) regime has been requested by the Chancellor of the Exchequer, Rishi Sunak, causing worry in the property industry. In his letter to the Office of Tax Simplification (OTS),

Barratt Developments Announce Resilient Performance And Strong Financial Position

Barratt Developments PLC (the ‘Group’) last week issued their trading update for the year ended 30 June 2020 ahead of publication of its annual results on 2 September 2020. The Group reported that following a

RICS confirms housing bounce

Figures by the Royal Institute of Chartered Surveyors (RICS) has added further confirmation that the housing market is enjoying a short-term bounce, even before the stamp duty announcement by chancellor Rishi Sunak on Wednesday. In

HM Land Registry Announces Introduction Of Electronic Signatures

Mike Harlow, the Deputy Chief Executive and Deputy Chief Land Registrar, in his blog has announced that following the many questions received from customers regarding electronic signatures, as “printing, posting and scanning can be a

Welsh Government Urged By Conveyancing Association To Match Stamp Duty Changes

The Welsh Government has been urged to open up the housing market by matching the recent changes to stamp duty in England and Northern Ireland, by the leading trade body for the conveyancing industry. The

£2bn Grant Scheme To Fund Energy Saving Home Improvements

As part of a £3bn plan to cut emissions, Chancellor Rishi Sunak set out a £2bn grant scheme in England to fund energy-saving home improvements. The scheme will see hundreds of thousands of home owners

A group of people chatting during a networking event

The Legal Services Board (LSB) has charted the latest phase in the delivery of it’s priorities from its three year strategy in its annual report. The strategy outlines the progress the LSB has had with

New Panel Created By SRA To Advise On Policy

A team has been named that will advise the Solicitors Regulation Authority to “help deliver our work in a way that meets the public interest and is responsive to changes in the legal services market.”

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors