Remortgaging accounted for only 25% of loans in August, the lowest proportion in over 10 years, according to the latest survey data from the Council of Mortgage Lenders.  The large remortgage sheds and panel managers

The September RICS Housing Market Survey continued to show more surveyors reporting falling rather than rising prices, with the headline price net balance suffering the third consecutive monthly fall. That said, half of all respondents

Today’s Conveyancer welcomes the stricter policies the SRA is taking to remove firms from the market that are unable to work themselves out of the ARP.  The SRA has claimed that its strategy to manage

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In a brand new webcast featuring the Managing Director Bob Bhalla, Gordons Property Lawyers have set out detailed information on the remortgaging. The webcast has been produced as an introduction as to how Gordons deals

Following his article two months ago about Acorn “solicitors” of Rotherham who were not in fact a firm of solicitors Sebastian O’Kelly Property Editor of the Mail on Sunday has subsequently noted a distinct change

Fears grow of a further collapse in consumer spending, as new figures on mortgages and personal lending are released by the Bank of England. Mortgage approvals slumped to a six-month low in August, leading some

Transactions in September increased by 3.4% in the month, up 11.5% compared to last September, reveal LSL Property Services/ Acadametrics House Price Index. Average house prices registered a 0.2% increase in September. Over the last

The Legal Services Board (LSB) has confirmed that it does not back reinstating the ban on referral fees but suggested that instead all agreements between lawyers and their introducers should be made public The LSB

With conveyancers being pressured on every side, Allan Carton of inpractice has reminded firms about the opportunities that will arise over the coming months from providing services that aren’t legal but are linked to the

Alan Riley of Property PSL has kindly allowed us to publish a recent article he has written on the First Title HOPP. http://www.propertypsl.co.uk/ Home Owners’ Protection Policy Posted by Alan_Riley on Fri, 01/10/2010 – 10:33

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Fast growing Birmingham based Shakespeare Putsman has selected LawSoft as a unified platform for its three way merger with Needham & James (Stratford upon Avon) and Berryman (Nottingham), which catapults the practice firmly into the

The lucky winner of this month’s prize draw is Keeley Miller, a conveyancing lawyer with Sackville’s, a long standing and well established firm of solicitors in Hornchurch and Rainham, Essex. Keeley wins a bottle of

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The Council for Licensed Conveyancers is holding an event which is to focus on key changes in the legal services market. The seminars will be held in October at three venues across England & Wales

The Building Societies Association (BSA) has today responded to the Financial Services Association (FSA)’s Mortgage Market Review (MMR) on responsible lending with specific emphasis on interest only mortgages. The BSA remains concerned with the overall

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Today’s Conveyancer has obtained from Land Registry its figures for applications made by firms in August.   This gives us a good idea of the volume and amount of conveyancing transactions that conveyancers are completing.

A new conveyancing legal recruiter has entered the market.  Ben Whiting has established “Ab Initio”: Latin meaning “from the beginning” following over 9 successful years in legal recruitment with a national recruiter. He has developed

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Today’s Conveyancer is pleased to hear that the new Conveyancing Association has issued a strong message to the rest of the industry in one of its first press releases and urges good quality conveyancing firms

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Grant Shapps, the coalition’s Housing Minister, has dropped the threshold of agreement needed for his “Community Right to Build” scheme from 80-90% to 75%.  The scheme is part of David Cameron’s wider “Big Society” policy

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The Council of Mortgage Lenders (CML) have worried conveyancers with its warning that proposals by the Financial Services Authority (FSA), to encourage responsible lending, will cause house price falls. The financial watchdog is currently consulting

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The British Banker’s Association (BBA) reported yesterday that mortgage lending has fallen for the third month to 31.767 mortgages approved in August, down from 34,219 in July. Gross mortgage lending of £8.1bn in August was

August saw gross mortgage lending fall by 14 per cent, new data shows. The latest figures from the Council of Mortgage Lenders show that gross mortgage lending was an estimated £11.4billion in August, compared to

Richard Mathias the Sales Director of Law Firm Services has launched his new Property Chain Manager product today at his Law Firm Services Conference.  Saying that he recognises to make it work he will need

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Rightmove has this morning issued its September House Price Index. Rightmove’s House Price Index is compiled from the asking prices of properties coming onto the market via the estate agency branches listing on Rightmove.co.uk, representing

Conveyancers acting for landlords will welcome the news that Mortgages for Business reports a 396% increase in the number of buy-to-let mortgages available on its buy-to-let mortgage-sourcing tool, Mortgage Flow. David Whittaker, managing director said;

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Tom Horrocks has moved from the Ashley King Simply Property Lawyers business to Fridays Property Lawyers as Head of Legal. Tom is reported as saying, “I was aware of Fridays as one of the fastest

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Landmark Information Group today announced a deal with The Co-operative Legal Services (CLS) to use its Anti-Money Laundering (AML) and Financial Asset Search (FAS). James Sherwood-Rogers, Managing Director of Landmark Legal & Financial, said:  “CLS

Both the SRA and the CLC have published reminders to their respective lawyers that the Legal Services Ombudsman will take over the role of accepting service complaints from the 6th October 2010. Conveyancers need to

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The BSA’s latest, June 2010, quarterly Property Tracker survey shows that just 45% of consumers surveyed think that now is a good time to buy property. This compares with a figure of 49% of those

Royal Bank of Scotland is launching a £4.7bn issue of securities backed by its mortgages in its first securitisation deal of this type since the financial crisis began. RBS said it planned the mortgage-backed bond

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The RICS August Housing Market Survey has been released, confirming reports of a wide disparity between the health of the northern/southern housing markets. In broad terms, a further increase in housing supply has pushed the

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LSL/Academetrics last week published comments on the market.  Based on the last three months, all regions in England & Wales are currently experiencing annual house price growth. However, the pattern remains one in which London

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