At last Friday’s Sunday Times Estate Agency of the Year Awards Conveyancing Association (CA) members took home the top awards. CA members took the top three places in the awards taking home awards for Overall
The latest Council for Mortgage Lenders (CML) figures released today show that 26,800 loans were advanced to first-time buyers in October, the highest number of loans in a monthly period since November 2007. The total
According to the latest market index from Haart estate agents the number of first time buyers increased 4.5% from October to November and 78.4% from November 2012. The average price that first time buyers are
In troubling news for the profession, the Solicitors Regulation Authority SRA has discovered a number of firms that did not enter the extended policy period (EPP) appear to have failed to declare their insurance position.
Move with US has launched Navigator, an interactive online conveyancing system, which they believe will enable the moving process to be sped up by 11 days. Initial customer trials have shown that using Navigator can
Beaumont Legal has strengthened its position as one of the fastest-growing law firms in Yorkshire by appointing three new directors and increasing its staff count beyond 100 as part of the company’s strategy to become
In the first year of the Funding for Lending Scheme building societies and other mutual lenders accounted for £15.7 billion of net lending. During the period banks and other lenders reduced their lending by over
Online conveyancing brand In-Deed has been acquired by Fitzalan Partners for an undisclosed sum. Fitzalan Partners own and operate a number of online brands within the legal and property space, including national conveyancing provider Fridaysmove.
The Land Registry has announced their amended opening hours over the holiday period. If not detailed then normal service hours will be in operation. Throughout this period Business e-services will be available in line with
The Law Society is calling for input on their plans for a conveyancing portal; an online platform that it hopes will make the conveyancing process easier. In order to make sure the portal meets the
The Solicitors Regulation Authority (SRA) has launched a twelve-week consultation on proposed changes to its education and training regulations. The closing date for responses is 25 February 2014. This consultation follows the publication of “Training
The latest Mortgage Monitor from e.surv has shown that 71,920 home loans were advanced in November. This was the first time since January 2008 that the figure went above 70,000 and represented a 6% increase
The winners were crowned at the Conveyancer of the Year Awards on Friday 6th December at the Lancaster London Hotel. The awards formed part of the Sunday Times Estate Agency of the Year Awards and
The Conveyancing Association (CA) has worked together with Connells, Move with Us, Countrywide and LSL Property Services, to develop the CA Protocol in a bid to make the conveyancing process more efficient. According to research
Des Hudson, Chief Executive of the Law Society, has written to all members expressing concern about the potential danger Lender Exchange poses to firms that do conveyancing. Lloyds, RBS and Santander recently announced that from
The Council for Licensed Conveyancers is reviewing paths to qualification as a Licensed Conveyancer to make sure they fit the needs of legal businesses. As part of this process they are looking for representatives from
Leading portals Zoopla and Rightmove have seen an increase in traffic of 64% over the last twelve months, meaning Zoopla, Rightmove and Primelocation now account for 59% of all online property traffic. The latest data
The SRA has taken the first steps towards replacing the prescriptive requirements of the training contract with a more targeted approach to ensure solicitors have the skills to deliver high quality legal services. Following agreement
The Bank of England and HM Treasury has announced changes to the terms of the Funding for Lending Scheme (FLS) extension, designed to re-focus the incentives in the scheme towards supporting business lending in 2014.
The Land Registry has announced Adzuna and Dan Hilton as the first winners of its open data challenge. Both entries win a £3000 prize. The winners were awarded on the basis of their ability to
Convey Law, Wales’ largest conveyancing company, has welcomed the Welsh Assembly’s decision to introduce Help to Buy in Wales. The £170 million shared equity loan scheme is designed to support home ownership, stimulate building activity
The Land Registry’s historic price paid data from over 18 million sales is now available to download for free as part of its open data programme. The dataset goes back to 1995 and contains more
Paul Lewis, presenter of Radio 4’s Moneybox, was host of the SLCs 3rd Annual Conference held at the Riverside Centre in Derby on 20th November with a record number of 170 delegates. The first speaker
DUAL, the underwriting arm of Hyperion Insurance Group, has launched a new asset protection division, DUAL Asset Underwriting (DAU). The division provides niche insurance products to protect home buyers, real estate investors and will executors
The Land Registry has released the latest figures for those organisations that hold accounts with them, showing their activity for October 2013. Information relating to applications for transfers for value (i.e. an approximation of purchase
The Solicitors Regulation Authority (SRA) has advised of the next steps for firms that have failed to secure a new professional indemnity insurance policy. The 141 firms that are still in their extended policy period
Following allegations made against their former chairman the Co-op bank are to undertake a ‘root and branch’ review of the bank. This review will not include the banks legal services arm. The review follows an expose
John M Lewis & Co, one of the largest specialist residential conveyancing companies in Derby, has been awarded the Legal Eye Quality Standard. The award follows a 12 month review of the company’s legal systems,
The latest statistics on the Help to Buy scheme show that in the schemes first six months there were 5,375 properties bought with the support of the Help to Buy: Equity Loan scheme. The average
November’s National Housing Market Monitor from haart has shown that Help to Buy fuelled a 92% annual rise in new buyer enquiries in first week of October whilst new property supply fell 2%. The average
The Advertising Standards Agency has told a website that offers Land Registry property searches and documents it must remove wording from its website which implies it offers an official government service. The website www.landregistryonline.net, states
The average time it takes to sell a property in the UK is currently 58 days, 11 days less than the same period last year. According to the latest “Rate of Sale” report from the