New homebuying platform to dramatically slash average transaction time

OneDome’s new homebuying platform is to cut average transaction time of 20 weeks in half once it is launched. The homebuying platform set up by a challenger portal, OneDome, expects transaction times to be cut

Land Registry calls on conveyancers to help shape Business Gateway

HM Land Registry are calling on conveyancers and other stakeholders involved in property transactions to join together to help shape the future of Business Gateway. The Land Registry has launched a new Business Gateway community

Data companies become partners of Conveyancing Information Executive

The Conveyancing Information Executive (CIE) has announced that four notable property and land data-led businesses have become Industry Partners of the trade body organisation: Ambiental; Barbour ABI; Glenigan; and JBA Risk Management. • Ambiental is

Mortgage lending soars and breaks Bank of England records

Mortgage lending has skyrocketed to the point of being the strongest since Bank of England records began. With the Government’s 95% mortgage scheme coupled with stamp duty land tax holiday, mortgage lending is soaring and

Housing Secretary launches new industry Commonhold Council

The Government has launched a Commonhold Council of leading industry figures who will inform the government on the future of this type of homeownership. The Housing Secretary, Robert Jenrick, has revealed that many industry expert

New survey shows strong business confidence in legal sector despite Covid

Small and medium sized law firms saw a strong first quarter in 2021, with around half seeing an increase in the number of new matters, chargeable hours recorded and fees billed, the Law Society of

Firms with the most complaints should bear the cost

Law firms that generate high numbers of complaints compared to their size should bear a greater burden of paying the costs of the Legal Ombudsman (LeO), the Council for Licensed Conveyancers (CLC) has proposed. In

Money incentivisation for Councils to migrate to Central LLC Register

Money is to be paid to councils across the UK to motivate them to transfer their land charge data to the central Digital Local Land Charges (LLC) Register quicker. It has been revealed by the

Movers and Shakers - 14th May

Here at Today’s Conveyancer, we wanted to share with you the good news we’ve had within in the industry of professionals joining firms and those who have moved up the promotional ladder. This week we’ve

Conveyancing Association welcomed Leasehold Reform in Queen’s Speech

The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today (13th May 2021) welcomed the inclusion of a new Leasehold Reform (Ground Rent) Bill as announced in the Queen’s Speech to

A Kent Council joins Land Registry’s Local Land Register

HM Land Registry’s digital Local Land Charges Register continues to grow, enabling the digital transformation of homebuying with Kent Council now joining Land Registry’s Local Land Charges Register. Anyone requiring local land charges (LLC) searches

Passed Fire Safety Bill to leave leaseholders liable for cladding bill

There was outcry over the Fire Safety Bill being passed in Parliament last week as critics believe the reforms will leave leaseholders footing the bill associated with the removal of dangerous cladding. The survivors and

Conveyancers given extra time to respond to requisitions

HM Land Registry will be asking conveyancers for written evidence to show they have taken steps to resolve a request for information (requisition) before granting an extension from next month. This change comes after the

Consultations begin on a proposed new Property Tax

The government has launched a formal consultation process with a view to introduce a new Residential Property Developer Tax as part of its Building Safety Package including cladding repair work. The tax is one of

Fire Safety Bill is given Royal Assent

The Fire Safety Bill has been passed in the Houses of Parliament and granted Royal Assent today (29th April). The Bill is to make provision about the application of the Regulatory Reform (Fire Safety) Order

A Surrey Council joins Land Registry’s Local Land Register

HM Land Registry’s digital Local Land Charges Register continues to grow, enabling the digital transformation of homebuying with Surrey Council now joining Land Registry’s Local Land Charges Register. Anyone requiring local land charges (LLC) searches

New 95% Mortgage Scheme keeps conveyancers busy

The government-backed 95% mortgage scheme is set to bolster the property market but conveyancers potentially face more pressure with busier times ahead for the property industry. The Government announced in last month’s Budget a new

Conveyancers face disciplinary hearing after alleged housing process fraud

Two conveyancers are facing a disciplinary hearing following an investigation by the Solicitors Regulation Authority (SRA). The conveyancing solicitors from the West Midlands were scrutinised by the SRA after they acted for numerous clients who

Law Society Group publishes gender pay gap report

The Law Society Group (the Group) has published its gender pay gap report for 2020. The report details the combined results of the Law Society of England and Wales and Solicitors Regulation Authority (SRA), which

The latest on property information up front

A leading protagonist in the Conveyancing Association campaigns to create a positive home moving process says vendors need to collate upfront property information to help improve house buying transactions and a smoother sale. Speaking on

ESTAS unveils new Headline Partner for 2021 and beyond

ESTAS, the customer review and awards platform for the property industry, has unveiled a new headline partner for 2021. Coadjute will become the Headline Partner of ESTAS with immediate effect and will be the title

Latest SRA report reveals conveyancing fraud rife

The latest Solicitors Regulation Authority (SRA) Board report reveals vendor fraud as the ‘key money laundering’ activity in 2020. The SRA report, which was issued for its most recent board meeting, revealed conveyancing fraud as

Headline sponsor revealed for 2021 British Conveyancing Awards

We are excited to announce that Lawyer Checker, an exclusive risk management solution provider, are the headline sponsors of the first ever British Conveyancing Awards 2021. The exclusive awards takes place on 25th May 2021

HM Land Registry first Digital Identity Standard launches today

HM Land Registry’s first Digital Identity Standard has launched today (Friday 12th March) which allows homebuyers to use their mobile phone to prove their identity. HM Land Registry paves the way with new standard for

A positive outlook for conveyancing market

Following the Spring 2021 Budget, market leaders and organisations in the industry voiced their future insights of the property market with great positivity. In the Chancellor’s Budget it was announced that Stamp Duty Land Tax

New cladding guidance announced

The Royal Institution of Chartered Surveyors (RICS) has issued new guidance to lenders which will ultimately lessen the number of wall safety surveys taking place on blocks of flats. The guidance issued clarifies to banks

HMLR Update for Conveyancers : First registrations (PG1)

HM Land Registry (HMLR) have provided guidance for conveyancers on how to register unregistered estates in land for the first time (practice guide 1). Section 4.4.4.1 has been amended to clarify existing practice and Section

Feel Good Friday : Robertsons, BDB Pitmans & Prosperity Law

There have been lots of positive things happening across the sector this week, so we wanted to share these good vibes with you as part of our ‘Feel Good Friday’ news items. Here is a

Help to Buy deadline date has been extended

The Help to Buy equity loan scheme has been extended to 31 May. The deadline was changed due to the impact of the pandemic on the housebuilding industry. Covid-19 has disrupted the time it takes

Land Registry advises conveyancers on how to solve requisition problems

Every day HM Land Registry receives around 18,000 applications to update the register. The majority of these applications are submitted correctly with all the necessary information included for our land registration experts to complete the

Is there a need for Reservation Agreements?

With the stamp duty holiday deadline looming in just over 6 weeks time, the pressure is mounting on the residential property market, causing logjams and delays in conveyancing transactions, so, should reservation agreements be introduced?

Government maps out future use of digital identities

The Government has today published new plans which will govern the use of digital identities and revolutionise conveyancing transactions when proving identity. The Government’s new draft rules is to help build trust in the use

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