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  • Free travel incentive on new east London shared ownership development (8/21/2019) - Buyers are being offered a raft of incentives that includes free travel to buy a shared ownership property on a London development. The development by L&Q Housing Association is at a brownfield project at Barking called Parklands Riverside where 10,800 homes are being built on former industrial land. New community by the Thames Riverside is […]
  • Lender's mortgage offer to older borrowers (8/15/2019) - Age is now no barrier to getting a mortgage. In fact, a finance company has just announced it will offer new mortgages for those in their 80s. Where a typical mortgage was once 25 years, the lending landscape has changed drastically in the decade since the financial crash. Stricter lending criteria Now buyers can get […]
  • Revealed: the postcodes achieving the best property asking prices (8/8/2019) - Most people selling their homes are achieving close to the asking price, according to new data. Get Agent, the estate agent comparison site, analysed the asking and achieved asking prices for property across postcodes in England and Wales, revealing that homeowners are getting an average 95.94 percent on their asking price. Sheffield hotspots Their research […]
  • New hedgehog highways rule in England's housing (7/24/2019) - Buyers moving into a new-build home will be sharing their space with a hedgehog highway. That’s the planned outcome of new rules that developers will have to follow when it comes to building new housing estates. Communities Secretary James Brokenshire says protecting wildlife and habitat will be a priority in new developments. Specific species protected […]
  • Anglesey most affordable spot for upsizers (7/18/2019) - Look north and west for the most affordable property when you’re ready to move from a flat to a home. That’s the conclusion of analysis of Land Registry data by One77 Mortgages. Lowest gap between styles The broker looked at house prices across the country to figure out the most affordable locations for home movers […]
  • Revamped Camden estate wins top London architecture prize (7/11/2019) - The redevelopment of a housing estate in Camden in London has won a top architectural award. The first phase of the Agar Grove project was named the 2019 overall winner of the annual New London Awards, organised by New London Architecture (NLA) and supported by the Mayor of London. The project claimed the top prize […]
  • Mortgage affordability rules could be relaxed, says Bank of England (7/10/2019) - Mortgage affordability rules will be relaxed across the UK if house price growth grows. A new paper from the Bank of England says the return of house prices virtually to pre-2008 financial crash levels means it has to examine the current affordability rules on borrowing. Increase in high LTV mortgages These were introduced in 2014, […]
  • University partnership to deliver 3k homes in Oxford (7/3/2019) - Financial giant Legal & General is to build 3,000 homes for students and staff in a £4 billion partnership with Oxford University. L&G, which specialises in insurance and pensions, will also build science parks for the top university. The main part of the project will be the creation of 1,000 subsidised homes for students and […]
  • 224 affordable homes in new Kent garden community development (6/25/2019) - Almost 600 new homes are to be built in Kent as part of a deal between developer Keepmoat Homes and national agency Homes England. Homes England is to sell an 11.6 hectare site at Northfield Embankment in Ebbsfleet to Keepmoat who will then build 598 homes and a new primary school as part of the […]
  • Northern property market outperforming the south (6/17/2019) - The north-south divide in UK property is rearing its head again, only this time it’s the north that’s leading the way. Rightmove, the online property portal, has revealed that both the supply of homes for sale and sales are falling across the country. Prices close to record high However, buyer demand in the north is […]
  • Not using mortgage adviser is costing home buyers (6/11/2019) - Not speaking to a financial adviser while seeking a mortgage is costing borrowers thousands. According to research by Legal & General’s Mortgage Club, almost a third of borrowers (31 percent) went direct to their lender, not realising how a financial adviser could help them find a better deal. Failing to look for a better deal […]
  • Biggest deal yet for modular housing will deliver 750 units (6/5/2019) - The increasing popularity and importance of modular housing to the property market has been underlined by a deal to manufacture hundreds of new units. Ilke Homes has gone into partnership with Places for People to deliver 750 units for affordable and market-priced housing. Speeds up delivery Places for People is a placemaking organisation with a […]
  • Mortgage lenders urged to relax rules on Japanese knotweed (5/30/2019) - MPs want mortgage lenders to stop using discredited scientific evidence that is reducing the value of properties where Japanese knotweed has been found. An investigation by the House of Commons Science and Technology Committee has concluded that lenders are “overly cautious” when offering mortgages on a property where the invasive plant has been discovered. As […]
  • 20k homes planned for Greater Exeter garden community (5/17/2019) - Exeter is to become home to a new garden community of up to 20,000 new homes. The project is part of a deal for the south-west with the homes built by 2040. The Government is to provide £750,000 to fund dedicated project teams who will work with three councils – Exeter City Council, East Devon […]
  • UK's fastest places to sell a home revealed (5/14/2019) - Location, location, location is everything in property. And that’s never more apparent than in the latest research revealing where homes are selling fastest across the UK. Sellers north of the border – in particular Edinburgh and Falkirk – find their properties flying out of the estate agent in just 27 days. But just south of […]
  • UK's regional cities register strong house price growth (4/30/2019) - House prices in the UK’s most affordable cities are outgrowing those of other areas. Hometrack’s UK Cities House Price Index has revealed that the highest price growth is happening in those urban areas most weakened by the 2008 financial crash. Liverpool leads the way Liverpool has registered the UK’s highest annual house price growth rate […]
  • Cheapest places for London commuters revealed (4/24/2019) - London’s expensive housing market means many of those working in the capital are looking ever further afield for the most affordable and do-able commute. According to Zoopla, the average price of a home in London is £659,897 with those in the wider south-east standing at £401,883. Those prices often put London houses and flats beyond […]
  • Easter opening hours at Fridaysmove (4/18/2019) - Fridaysmove has home buyers and sellers covered this bank holiday weekend. Our friendly team will be standing by to take your calls on all conveyancing services  and queries about building surveys right across Easter weekend. Our opening hours at Fridaysmove this Easter are: Good Friday, April 19, 9 am until 4pm Easter Saturday, April 20, […]
  • Pod living an innovative addition to city dwelling (4/16/2019) - Necessity is said to be the mother of invention. And certainly the idea of LIVING inside an empty shopping mall is an inventive one. But it might also be an innovative, short-term solution to a shortage of suitable housing. Vivahouse co-living aims to offer flexible, city-centre living for millennials who are looking for something different […]
  • How to decipher house price trackers (4/10/2019) - Home sellers and buyers could be forgiven for being confused over conflicting reports on property prices. With a variety of trackers all offering different and often contradictory evidence of whether prices are going up or down, it’s easy to be perplexed by prices. Different strokes for different folks Which? recently offered a breakdown on the […]
  • Solicitor watchdog criticises hidden pricing but Fridaysmove offers transparency on conveyancing (4/9/2019) - Price transparency is a concern in a third of all property transactions, according to a review by the Solicitors Regulation Authority (SRA). Clients were given an unrealistically low initial quote by conveyancing solicitors, then hit with additional fees and charges further down the line. Those fees were for work that the solicitor had to do […]
  • Transport incentives for London home buyers as new low emission zone takes effect (4/4/2019) - Developers in London are offering buyers transport incentives as new rules on driving in the city are introduced. From April 8, a new Ultra Low Emission Zone (ULEZ) will be put in place in central London, covering the same area as the congestion charge and aimed at improving the capital’s air quality. Vehicles will have […]
  • New financial funds could eliminate negative equity for homeowners (4/2/2019) - Negative equity is a feature of the property market that often strikes fear into homeowners. Financial turbulence in the late 1980s, early 1990s and in 2007-08 left millions of people living in homes that were worth less than the mortgage still outstanding on them. That has a paralysing effect on homeowners, leaving them unable to […]
  • £6m backing for jobs and homes in the Thames Estuary (3/26/2019) - The Government is backing a project to create new jobs and homes in the Thames Estuary. Almost £6 million is to be invested in two projects that could create 1.3 million new jobs locally by 2050 and generate £190 billion for the local economy. Supporting local partners The Thames Estuary 2050 Growth Commission will receive […]
  • 600 affordable homes promised on London's Holloway prison site (3/19/2019) - London’s Holloway Prison is to be transformed into a new housing estate featuring affordable homes for Londoners. The Peabody housing association will receive a loan of £42 million from City Hall to pay towards the £80 million cost of buying the 10-acre site in Islington, north London. In return, Peabody, which has gone into partnership […]
  • Community, transport links and good wifi the key to where we choose to live (3/8/2019) - We all have our own ideas of what matters when we’re looking for a place to buy. Price is obviously key, but it seems even more important is the local community and amenities. New research carried out by Opinium for online mortgage broker L&C Mortgages reveals that many of us consider the community feel the […]
  • London homeowners remortgaging at highest rate in a decade (3/6/2019) - Homeowners in London are remortgaging at the highest levels in a decade, according to new finance industry figures. Meanwhile, first-time buyer mortgages are also on the rise in the capital. UK Finance, the trade body for lenders, revealed that 11,000 new first-time buyer mortgages were completed in London in the last three months of 2018. […]
  • New online portal offers Londoners advice on leasehold properties (2/22/2019) - The Greater London Authority (GLA) has launched a new advisory service to give advice to leaseholders and those looking to buy a leasehold property. The online portal will provide information on the tenure, which affects more than a third of all homes in London. Meanwhile, 90 percent of new-build properties are also sold as leasehold. […]
  • Why home buyers in 2009 were quids in selling in 2018 (2/19/2019) - Last year would have been the most profitable of any in the last 14 years for those selling a property they had bought in 2009. Land Registry data examined by estate agents Savills revealed the profits and losses by year of purchase and by region to reveal that those bold enough to buy in the […]
  • Sharp rise in younger people still living at home with their parents (2/13/2019) - The difficulty of getting on to the housing ladder has been laid bare by new research that shows almost a million more young adults are still living at home with their parents than in the 1990s. Think-tank Civitas analysed data from the Office for National Statistics (ONS) to conclude that an additional 900,000 people in […]
  • Biggest modular housing scheme to be built in Cambridgeshire new town (2/8/2019) - The biggest modular housing scheme yet seen in the UK is expected to be constructed in Cambridgeshire. Homes England have been running a competition to award the contract for the build, inviting modular building specialists and architects to bid for the multi-million pound project. A team of developer Urban Splash and architects Proctor & Matthews […]
  • Older homeowners now have greater range of mortgages to choose from (2/6/2019) - Lenders are extending the number of mortgage products on offer to older homeowners and even relaxing their rules on lending to those over pension age. Until recently, most lenders would not offer a loan to those looking to mortgage or remortgage over the age of 60. However, as the UK pension age changes to reach […]
  • UK's best place to live in 2019 is revealed (1/29/2019) - Fancy relocating to the best place to live in the UK? Be prepared for a long journey north because the Orkney Islands, off the north-east coast of Scotland, have topped the poll of the area with the best quality of life in Britain. The Halifax’s annual survey looks at a number of factors to rate […]
  • Revealed: most and least affordable London commuter towns (1/4/2019) - The most and least affordable commuter towns for people who work in London have been revealed. Online mortgage broker Trussle carried out analysis of house prices, mortgage payments and the price of rail season tickets in 300 towns within 75 minutes of central London to reveal that Apsley in Hertfordshire is the most affordable commute […]
  • Festive opening hours at Fridaysmove (12/20/2018) - Fridaysmove wishes everyone the compliments of the season, but the hunt for high-quality conveyancing services doesn’t stop for Santa and eggnog! At Fridaysmove, we’re open over the holiday period, so you can start your conveyancing for a sale or purchase instantly. Here are our opening hours: Friday, December 21, 9 am until 6pm Saturday, December […]
  • Ditch leasehold for commonhold says Law Commission (12/11/2018) - It’s time to expand the commonhold system of home ownership and give more people the chance to own their property outright without having to pay a lease. That’s the view of the Law Commission, which has been carrying out a review of the leasehold system in England and Wales. Gap in the market Leasehold is […]
  • Law firms to offer transparency on pricing (11/16/2018) - Solicitors will have to publish the prices they charge for conveyancing and probate services under new rules imposed by the Solicitors Regulation Authority (SRA). From next month, potential clients will also be given a projected timescale for how long the work is expected to take. Home buyers and sellers who choose Fridaysmove to instruct a […]
  • Modular homes could provide quickfire answer to housing shortage (11/14/2018) - Modular housing should be used to address the housing crisis in the UK. With demand for housing far outstripping supply, the Government has announced targets of building 300,000 new homes every year by the mid-2020s. However, that worthy target does not address the here and now, and that’s where modular homes can bridge the gap. […]
  • Beauty will be in eye of beholder in new housing projects (11/6/2018) - England needs to build more homes. But they should also be building beautiful ones. And a new commission has been set up to promote the importance of design quality when it comes to home building. Communities Secretary James Brokenshire has announced the Building Better, Building Beautiful Commission with a brief to develop a vision and […]
  • Number of new-build homes hits decade-high in UK (11/1/2018) - There’s a building boom in the UK’s new homes market, with the number of new homes registered reaching its highest level in more than a decade. According to figures from the NHBC, which provides warranties and insurances for new homes, more than 43,500 new dwellings were registered in the third quarter of 2018, the highest […]
  • Discounted price offers boon to property bargain hunters (10/24/2018) - The time is right for property bargain hunters to make their move. Data from online estate agent listings site Zoopla has revealed that the prices of more than a third of properties on the market have been cut. In fact, the average price cut is £26,131 (8.5 percent), meaning anyone who already has their finance […]
  • Study shows 600k vacant properties across England (10/22/2018) - There are more than 600,000 empty homes across England with a third of those properties vacant for more than six months. In a study by online property marketers Good Move, Liverpool was revealed to be the city with the most vacant homes in England, 10,512 along in 2017, which accounts for 4.70 percent of all […]
  • New-build homes to be sold as freehold as 'unfair' leasehold practices are outlawed (10/18/2018) - Most new-build houses will now be sold as freehold as the Government moves to outlaw “unscrupulous” practices in the leasehold sector. Meanwhile, ground rents will be capped at the nominal sum of £10 a year. A consultation on the proposals has now been launched by Communities Secretary James Brokenshire. There are 4.2 million leasehold properties […]
  • London community land trust's £1m boost to self-build homes (10/8/2018) - A community group in south London has been given a funding boost of almost £1 million to self-build affordable homes for local residents. The Rural Urban Synthesis Society (RUSS) is a community land trust based in Lewisham. With the £988,000 grant from the Mayor of London’s Innovation Fund, RUSS will build 33 homes on Church […]
  • New watchdog will protect interests of new-build homeowners (10/3/2018) - Homeowners who buy a new-build property are to get the protection of a new homes ombudsman behind them. The Government has announced the creation of the watchdog to protect the interests of new-build buyers and ensure developers are held to account when there are problems. To ensure developers fall into line with the new regime, […]
  • Radical leasehold property reforms proposed by Law Commission (9/20/2018) - The current leasehold property system in England and Wales is too complex, slow and expensive, says the Law Commission. And it’s come up with a radical set of proposals to reform the system to make it fairer to both leaseholders and freeholders. Tasked by both the Ministry of Housing and the Welsh Government to review […]
  • Remortgaging at record high as homeowners move to fix rates (9/13/2018) - UK homeowners are moving to remortgage in record numbers as speculation over further interest rate rises grows. July saw the highest number of remortgages in more than a decade as existing homeowners borrowed £8.7 billion when they switched lenders. A 0.5 percent rise in the Bank of England base rate in England had inevitably brought […]
  • Additional affordable homes planned for London Olympic legacy sites (9/11/2018) - Thousands of new affordable homes are to be built in east London over the next decade. The Mayor of London, Sadiq Khan, says the homes will be created on three sites in the Queen Elizabeth Olympic Park. The sites, part of the legacy of the 2012 London Olympics, are at Stratford Waterfront (600 homes), Pudding […]
  • Londoners look north as they move out of the capital (9/4/2018) - More Londoners than ever are moving out of the capital. New research has revealed that around 30,000 quit London living in the first six months of this year, up 16 percent on the same period a year ago. That’s also up an incredible 61 percent on the first six months of 2008. Hamptons International joined […]
  • Fridaysmove has the transparent, fixed fees you need for conveyancing (8/20/2018) - Choosing an online estate agent can save you thousands on the sale of your property. But some sellers are being lured into a trap of choosing the conveyancing services offered by the online estate agent – and that can be a costly error. Online estate agents usually offer a fixed fee, often paid up front, […]
  • Low-cost conveyancing services for remortgaging from Fridaysmove (8/15/2018) - Homeowners are remortgaging in ever greater numbers, according to new figures. In July, 37,400 UK homeowners remortgaged on their existing property. That’s up 8.4 percent on the same month a year ago, says UK Finance, the trade body for the finance industry. Those moving their mortgages borrowed a total of £6.8 billion, up 13.3 percent […]
  • Borrowers to be offered cheaper alternative mortgage products (8/9/2018) - Almost 60 lenders in the UK residential mortgage market are to help borrowers move to an alternative product that offers better repayment rates. The homeowners involved are up to date with their repayments but struggling to switch to a better mortgage deal because of lenders are applying stricter affordability criteria. Since the Financial Conduct Authority […]
  • Young professionals leading UK's dramatic urban renaissance (7/10/2018) - The UK’s cities and towns are enjoying a “dramatic urban renaissance” as more people return to live there after generations of drift away from city-centre living. A report commissioned by the BBC has revealed that the population of many towns and cities have doubled since the start of the 21st century. The change is particularly […]
  • Wales and north-west have most affordable homes and cleanest air (6/26/2018) - Wales and the north-west of England have the most affordable homes for buyers looking to live in the most unpolluted parts of the UK. Towns from both of those areas dominated the top 10 of regions offering both affordable property prices and low pollution levels. However, almost half of the 50 clean-air hotspots identified in […]
  • Bath named as UK's best city to raise a family (6/20/2018) - Bath has been named the best city in the UK in which to raise a family. The West Country city has knocked last year’s winner Newcastle off top spot in the moneysupermarket.com research. The comparison site analysed 35 UK cities, rating them on quality of life indicators, such as schools, green space, housing, wages and […]
  • MPs urge Prime Minister to be 'more radical' on housing market (6/19/2018) - Conservative MPs are to press Prime Minister Theresa May to do more to solve the UK’s housing crisis. Among their suggestions for improving the situation for first-time buyers and those struggling to get on to the housing ladder is the introduction of a new rent-to-buy scheme, council tax to be paid on second homes rented […]
  • How living close to a supermarket can add £21,000 to value of your home (6/13/2018) - Living near a supermarket can boost the value of a home by an incredible £21,500, according to a new report. And the well-documented Waitrose effect is spreading with upmarket and budget outlets alike helping to increase the value of a property. Research from Lloyds Bank showed that having a premium name such as Waitrose, Marks […]
  • Flood report invaluable as figures show more development than ever on risky areas (6/5/2018) - More homes than ever before are being built on areas with a high flood risk in England. New data on land use change statistics shows that 11 percent of all new residential addresses created in 2016-17 were in high flood areas, compared to 9 percent of addresses the previous year. According to the Environment Agency, […]
  • £10bn Homes England loan will help build 1,300 new homes in Cambridge (6/1/2018) - More than 1,300 new homes are to be built in Cambridge by two local firms with funding from Homes England. The homes will be built on a new development called Wing, which is 160 acres of brownfield land, and financed through a 10-year loan worth £22.4 million from Homes England, the agency set up to […]
  • England needs 340,000 new homes built every year (5/23/2018) - England needs an extra 340,000 new homes every year. According to research commissioned by the National Housing Federation (NHF), England has a housing shortage of four million homes, and the Government’s own target of building 300,000 new homes every year by the mid-2020s won’t be enough to resolve the issue. The research for the NHF […]
  • England's empty properties hit highest level in a decade (5/23/2018) - There are more empty properties in England than in a decade. Online estate agent HouseSimple analysed government data to reveal that the number of vacant homes in England has risen for the first time since the financial crash. Those 205,293 properties are worth an estimated £50 billion. And while there has been a significant rise […]
  • Holiday lets offer best financial return for buy-to-let market (5/8/2018) - If you want to make money on property, buy a holiday let. New research from holiday property fund Second Estates says renting out a property on a weekly basis to holidaymakers is one of the best ways to make money in the UK. According to its data, holiday lets provided returns 1.1 percentage points above […]
  • Financial services giant moves into affordable homes provision (5/2/2018) - Financial services giant Legal & General is to build thousands of affordable new homes. The company aims to become the UK’s leading private affordable housing provider and has established Legal & General Affordable Homes to lead the way. The new affordable homes arm is a subsidiary of Legal & General Capital, the investment arm of […]
  • 5-star service from Fridaysmove you can trust (5/1/2018) - When you read a five-star review of the excellent service we strive to deliver every time at Fridaysmove, you can trust you are reading a genuine and accurate account of a customer’s experience. A BBC investigation has recently revealed that some unscrupulous businesses are buying fake reviews to place online with the aim of falsely […]
  • Fewer homeowners on the move since the financial crash (4/19/2018) - Moving home used to be a regular occurrence for many people. But new research from the BBC suggests we are now moving half as often as we did before the 2008 financial crash. Homeowners are now focused on extending their homes rather than moving to bigger properties. Other factors that affect the number of times […]
  • Spring into home improvements month in April (4/4/2018) - Spring is here (if you ignore the current weather) and it’s not only time to clean your home but also time to get round to those home improvements you’ve been planning. April is Home Improvements Month when the UK’s homeowners are challenged to tackle at least one room that needs a makeover. We don’t confine […]
  • Buying or selling commonhold property explained (3/29/2018) - Commonhold is the newest form of tenure in England and Wales, introduced around a decade or so again as a way of allowing those who share a property, such as in a block of flats, to have a collective interest in the land and property. Most properties are freehold, where the land and property is […]
  • Easter weekend opening hours for Fridaysmove (3/29/2018) - The Fridaysmove team are standing by to provide the best service for you, Bank Holiday weekend or not. We are available during the Easter weekend, our team ready to take your calls or answer any queries about your conveyancing. Our Bank Holiday weekend opening hours are:          Good Friday, March 30, 10am until 4pm          […]
  • York tops list of best places to live in the UK (3/22/2018) - York is the best place to live in Britain, according to a Sunday Times poll. The historic cathedral city topped a list that included the London borough of Bermondsey, Altrincham in Cheshire and Frome in Somerset. According to the Sunday Times, York’s combination of the historic and modern made it an irresistible choice. In its […]
  • Wales gets set for introduction of Land Transaction Tax (3/14/2018) - A new property tax is to replace Stamp Duty Land Tax (SDLT) in Wales from April 1. The Welsh Government is introducing the Land Transaction Tax (LTT), which will be collected and managed within Wales by a new body called the Welsh Revenue Authority (WRA). The first-time buyer exemption introduced in the Budget last year […]
  • More people in England own their home outright than ever before (3/9/2018) - The ageing baby boomer generation are paying off their mortgages in greater numbers, meaning more home owners in England than ever before own their home outright. Figures from the annual English Housing Survey (EHS) for 2017 shows that 63 percent of homes in England are privately owned but more than half of those properties are […]
  • Perfect day to sell your home? Circle March 17 on the calendar (2/28/2018) - Thinking of moving home this year? Well, get your skates on because March 17 is apparently the ideal day to market your home for sale. Research by online estate agents Emoov suggests mid-March is the perfect time to get an estate to put your home on the market so you achieve a smooth sale. Emoov […]
  • Pop goes your property budget – buying homes like a superstar (2/22/2018) - Pop princess Taylor Swift has just spent almost $10 million buying a single apartment in Manhattan. She already owns three apartments in the same block in trendy Tribeca, meaning she has an incredible $50m worth of property in just one building. Obviously few of us house hunters have the superstar singer’s cash to splash on […]
  • A meat-eating doctor who is clean and tidy – meet your perfect housemate (2/14/2018) - Three out of four young Brits want to buy their own home, but an incredible one in seven would consider buying with a complete stranger just to get on the housing ladder. A study by banking giant HSBC as part of its annual Beyond the Bricks Report, looking at home-buying habits and attitudes around the […]
  • Londoners to get 'first dibs' on newbuild properties (2/7/2018) - British residents will be given the first chance to buy any new homes in London, so long as the asking price is under £350,000. Mayor Sadiq Khan announced the proposal, saying it was only fair that Londoners “get first dibs” on new homes in the capital. City Hall has brokered a deal with some of […]
  • Leasehold reform case rules in favour of freeholders (2/1/2018) - A landmark case that could have reduced leasehold extension costs by thousands of pounds has gone against leaseholder reform campaigners. They had argued that the current system was unfair and penalised those with only a short time left on their lease. However, the Court of Appeal ruled that Chelsea-based Sloan Stanley Estate was within its […]
  • England's new national housing agency aims to deliver ambitious affordable homes target (1/17/2018) - Homes England, the new national housing agency, has been officially launched by Housing Secretary Sajid Javid. Replacing the Homes and Communities Agency, Homes England is to play the major role in helping the government deliver its target of building 300,000 homes every year by the mid-2020s. Mr Javid confirmed Homes England’s status during a visit […]
  • Ban on selling newbuild homes with leasehold will come into effect (1/2/2018) - The government is pushing ahead with legislation to ban the sale of newbuild homes with a leasehold except in certain circumstances. Communities Secretary Sajid Javid said the changes in leasehold law will apply only in England and outlaw “unfair and abusive practices” that can see leaseholders hit with expensive annual ground rent rises. The announcement […]
  • UK leads world in first-ever residential property transaction made using cryptocurrency bitcoin (12/19/2017) - A family home in Essex has become the first property in the world to be sold for bitcoin. The four-bedroom property is still under construction, but when complete, its new owners will take possession knowing they haven’t parted with a physical penny for their purchase. Bitcoin is a cryptocurrency, a digital asset that only exists […]
  • How converting office blocks into apartments can boost housing supply (12/5/2017) - Converting empty office blocks and other commercial space into residential space could provide one solution to the UK’s housing crisis, according to the Nationwide Building Society. In its monthly house price index, the lender said the change of use sector has been growing, adding to the number of homes being created each year. This has […]
  • How community-led housing may offer a radical alternative for home ownership (11/29/2017) - Young people and first-time buyers face a perennial challenge in the housing market – too few properties and those that are available are often beyond their reach financially. Between the recent decision to exempt first-time buyers from paying stamp duty on the first £300,000 of a property purchase and the Government’s aim to build 300,000 […]
  • Stamp Duty abolished for 1st-time buyers on properties up to £300,000 (11/22/2017) - There was good news today for first-time buyers when Chancellor Philip Hammond abolished Stamp Duty for those buying properties worth up to £300,000, a potential saving of up to £5,000. The Chancellor made the announcement during the Budget presentation in the House of Commons and said the changes come into effect immediately, meaning all transactions […]
  • Leamington Spa tops the poll of UK's happiest towns (10/24/2017) - The Warwickshire town of Royal Leamington Spa has topped the 2017 poll of the UK’s happiest places to live, according to Rightmove’s Happy at Home index. The property website asked more than 17,000 people across Britain to rate where they live on 12 different factors to come up with a definitive top 10 of the […]
  • Chancellor's Budget on stamp duty reform could boost London 1st-time buyers (10/18/2017) - First-time buyers in London could be set for a financial boost in next month’s Budget. A report in the Evening Standard claims Chancellor Philip Hammond is ready to cut stamp duty for newcomers to property ownership. The Standard says the Chancellor is set to take “bold measures” that will specifically help people in their 20s […]
  • Making the most of shared ownership opportunities (9/28/2017) - First-time buyers can get on the housing ladder with shared ownership. The annual Shared Ownership Week – from September 21-27 in 2017 – puts the spotlight on the number of options available to all buyers. Research for Shared Ownership Week revealed that more than half of 21-30-year-olds questioned had never even heard of shared ownership. So the […]
  • New advice to help combat property fraud (9/27/2017) - The Land Registry and the Law Society have joined forces to publish new advice to help conveyancing solicitors identify and eliminate the threat of property fraud. Property transactions have always been a target for fraudsters because of the high values involved and the potential for huge financial gain. While there is already a wide range […]
  • Looking north for UK's most affordable spots for 1st-time buyers (8/8/2017) - First-time buyers might need to look north if they want to get on to the property ladder. According to a survey from online estate agent Hatched, the Lancashire town of Burnley is the UK’s most affordable housing spot for those newcomers to home ownership with an average house price of £70,311 – the UK average […]
  • Increased risk of winter rainfall means Residential Flood Search is essential for home buyers (7/25/2017) - Record-breaking rainfall is expected to fall on England and Wales in the next decade, according to the Met Office. And using an innovative research climate model, the UK’s weather watchers have predicted extreme weather could become an annual winter event. In July, a summer storm caused extreme flooding in the Cornish village of Coverack, leading […]
  • 50,000 new affordable homes to be built in London (7/17/2017) - Councils and housing associations in London are to build an extra 50,000 new affordable homes to rent and buy over the next four years. London mayor Sadiq Khan has brokered the deal with the capital’s boroughs and 44 housing providers to help meet his pledge of 90,000 new homes by 2020-21. The £1.7billion needed to […]
  • Sliding sales and falling prices in the London housing market (7/13/2017) - Fewer sales, a drop in supply and falling prices – those are the new trends in London’s property market according to the latest research. Figures from the Halifax’s monthly house price index show that the cost of buying a property in the UK dropped by 0.1 percent in the second quarter of 2017, the third […]
  • New figures show London's 1st-time buyers need £100,000 deposit (7/5/2017) - Almost half of all house purchases in the first half of 2017 were made by first-time buyers. And according to new figures from the Halifax, those first-time buyers are having to find an average deposit of almost £33,000 with London first-timers asked to fork out more than £100,000. In its First-Time Buyer Review, Halifax revealed […]
  • UK house price growth continues to slow (6/8/2017) - UK house price growth hit a four-year low in May, according to figures from the Halifax. Prices dropped by 0.2 percent from March to May, only the second quarterly fall recorded by the Halifax house price index since November 2012. While there was a slight increase in house prices between April and May, a rise […]
  • Our quick guide to General Election manifesto promises on the UK housing market (6/7/2017) - Polls open at 7am on Thursday, June for the UK general election. Each of the three main parties insists its plans for the UK housing market are the ones that will increase supply and affordability and increase the number of homeowners across the nation. Here we present the Fridaysmove quick guide to the facts and […]
  • UK house prices fall for third month in a row (6/1/2017) - Both house buyers and sellers face further uncertainty in the UK property market as figures from the Nationwide building society show that house prices have fallen for the third month in a row. The decline is the first time since the property market stalled at the height of the financial crash in 2009 that property […]
  • House builds in England at highest level for a decade (5/26/2017) - More houses have been started and completed in the last year in England than in a decade, according to new figures from the Department of Communities and Local Government (DCLG). However, the number being constructed is still not enough to reach the current government target of 1 million new homes by 2020. The DCLG figures […]
  • How to avoid delays in conveyancing process (5/18/2017) - It’s one of the first questions any buyer or seller in a property deal will ask: how long will conveyancing take? The next question is usually: and what will slow the whole conveyancing process down? In general, a straightforward transaction should take around six to eight weeks, but no solicitor or conveyancer can ever put […]
  • Simple but effective steps can keep the conveyancing process digitally secure (5/11/2017) - A property purchase is one of the biggest financial commitments most people will make. And we need to know that our money is safe during the final transaction part of the conveyancing process. However, the risk of digital fraud has increased as more buyers and sellers use emails and online banking to seal the deal. […]
  • Can we keep conveyancing process stay safe as houses online? (5/11/2017) - The business of buying and selling property is one fraught with risk. The buyer faces the possibility of being outbid by another buyer. They might end up spending many thousands of pounds on a house that’s got serious defects if they fail to get a structural survey done. Meanwhile, the seller could be left high […]
  • Cyber criminals exploiting ‘digital safety gap’ in conveyancing process (5/10/2017) - Conveyancing is the most essential element of the house-buying process. Both buyer and seller rely on the legal professionals involved to ensure the transaction is completed in good time and without risk to either side. However, new research from Barclays has revealed that many buyers are vulnerable to online swindlers who intercept legitimate emails from […]
  • How digital smart contracts are transforming traditional conveyancing (5/4/2017) - Digital smart contracts are a step closer to replacing traditional paper trails in the conveyancing process after a trial using blockchain technology successfully allowed titles to be exchanged with no risk from hackers. The two-month pilot project was run by Sweden’s land registry, Lantmateriet, using blockchains, which is the technology behind the digital currency Bitcoin. […]
  • Young homebuyers cashing in on 'Bank of Mum and Dad' (5/3/2017) - The so-called Bank of Mum and Dad (Bomad)  is funding more homebuyers than ever before, according to a survey from Legal & General. In 2016, a colossal £5 billion of cash help was handed out to buyers from parents, other members of the family and friends. That figure is expected to top £6bn in 2017. […]
  • London ready to get 'naked' to make homes more affordable (5/2/2017) - Could a new style of “naked” housing revolutionise London’s property market to make homes more affordable for first-time buyers? A popular concept in other parts of the world, this model of housing is essentially providing a shell of a property with basic utilities installed – and that’s it. Having the bare necessities in place allows the […]
  • Pioneering contract exchange with e-signature could help speed up conveyancing process (4/19/2017) - The world of conveyancing moved a step further into the 21st century this month with the first-ever electronic e-signature exchange of contracts on a UK residential property transaction. Until now all contracts have been signed in conventional fashion, with pen and ink, but adding an electronic signature to process heralds a positive and welcome change […]
  • What the general election could mean for the UK property market (4/19/2017) - The Prime Minister’s decision to call a snap general election could have far-reaching but positive consequences for the UK’s property market. However, in the short term, the uncertainty over the economy and the effects of Brexit could mean many buyers put a potential purchase on hold until the election is over. Property professionals have been […]
  • RICS survey reveals slowdown in London house prices (4/13/2017) - We’re open all Bank Holiday weekend, from 10 am until 4 pm each day. UK house prices are continuing to rise, but more slowly than before, according to a raft of figures released this week. Statistics from the Halifax and Nationwide show a much reduced increase in house prices. However, figures from the Office for […]
  • Reach for the sky with high-rise living (4/13/2017) - Think high rises and you might envision the skyscrapers that so dramatically shape the skyline of world cities such as London, New York, Chicago and Hong Kong. Perhaps you are drawn to the almost other-worldly sight of Dubai’s desert city in the sky or Tokyo’s endless skyline. You’re probably less likely to be considering the […]
  • Survey can save buyers in the long run (3/30/2017) - Moving house can be an expensive business. Often buyers are tempted to skimp on the things they don’t see as totally essential. Saving the pennies might work when it comes to hiring a man with a van to do your removal, but it certainly doesn’t cut it where a survey is concerned. Cash buyers unencumbered […]
  • Virtual viewing could be house-hunting future (3/23/2017) - The property market has long been at the forefront of technological breakthroughs. The latest might seem straight from Hollywood, but virtual reality may be set to change the way we view properties in the same way that the Internet transformed how estate agents list houses. While there may never be a genuine substitute for actually […]
  • Grand designs on a restoration project (3/17/2017) - Ever fallen in love with a ruined castle? Swooned over a derelict watermill? Imagined yourself descending the staircase of a once-grand Georgian mansion? We all have dreams of living in our perfect dwelling. Some take that dream to much greater lengths and create their ideal home from a relic of the past. Even grander projects […]
  • Conveyancing process ready for radical change (3/15/2017) - The process for home-buying and selling in England and Wales could be in line for a radical shake-up. The Conveyancing Association (CA), the trade body representing the industry, has published a plan that intends to make the home-moving experience a more positive one for everyone involved. The strategic plan, entitled Building the Framework for the […]
  • Confidence remains high in UK property prices (3/2/2017) - Home owners and house hunters have looked into their crystal ball to predict how UK property prices will react over the 12 months. And almost half of those who took part in a recent poll reckon house prices will rise by up to 10 percent. Events such as Brexit are considered among the main drivers […]
  • Live a life less ordinary in unusual homes (2/23/2017) - Picture your dream home and what comes to mind? A baronial castle? A classy Victorian villa? A penthouse apartment with sea views? Or maybe what floats your boat is… a boat. Or something normally seen floating ON a boat, a shipping container, for example. As demand for existing homes grows and pressure falls on developers […]
  • Conveyancing Cybercrime Scams First-Time Buyer Out of £74,000 (1/24/2017) - A first-time buyer was shocked to discover that he had become the victim of conveyancing cybercrime recently, when a fraudster stole £74,000 of the money he was due to pay towards his first home. Howard Mollett, 40, was due to buy a flat in Brixton, London, when he became the latest victim of conveyancing cybercrime. […]
  • Government Confirms New 20% Off First Time Buyer’s Starter Homes (1/4/2017) - It was unveiled yesterday that the government is planning to build an estimated 200,000 new homes across 30 local authorities, each with a 20% discount to help first time buyers get onto the housing ladder. The new ‘Starter Homes scheme’ is being rolled out across many locations in Britain, and property developers will be tasked […]
  • Could Outer London House Sales Receive a Boost from Brexit? (11/17/2016) - According to an article printed in the Metro, house prices in central London have been falling since Brexit, while prices in the outer areas of the capital have seen a slight boost. Since the referendum back in June, the property market has been somewhat unpredictable, with conflicting opinions coming from every angle, but several months […]
  • Average UK Home Now Takes Two Weeks Longer to Sell – Here’s How to Speed it Up (11/1/2016) - A study carried out by Post Office Money Mortgages found that the average UK home now takes 91 days to sell, two whole weeks more than this time last year when the average home would have taken just 71 days to sell in 2015. The average UK home now takes two weeks longer to sell […]
  • 10 Things to Consider Before You Buy a New Build Property (10/11/2016) - Buying a new build property? You may be thinking that it’s a 100% safe bet and your new house will be perfect in every way, but with any huge purchase, there are a few things you’ll want to keep in mind to make sure you get the best deal possible. The Good: 1. Maintenance will […]
  • Countrywide Conveyancing Means We Come to You (10/4/2016) - At Fridaysmove we aim to offer ‘countrywide conveyancing’, meaning that our solicitors can give you fantastic conveyancing services, wherever you are in the country. Whether you’re moving halfway across the map or are based somewhere remote, no conveyancing job is too far away for us. Where are you based? Finding a solicitor who is not […]
  • What Are Conveyancing Searches? The Quick Version (9/29/2016) - Many people find the ins and outs of conveyancing quite confusing, particularly searches, and it’s little wonder with so many technical terms and phrases, but even so sometimes we just want an overview of the topic, not an entire essay. We’ve compiled this quick yet comprehensive list of all the conveyancing searches you might encounter […]
  • What is a Help to Buy Equity Loan and How Do I Pay It Off? (9/22/2016) - The Help to Buy scheme is a desirable option for first time buyers as the government lends you part of your deposit, giving you more choice of which mortgage or property you choose. But these deals can be confusing to begin with, let alone to pay off, so we’ve outlined the most important factors involved […]
  • How to Know if Your Conveyancing Solicitor is Too Expensive (9/20/2016) - Moving house in general is known to be expensive, and while you can’t avoid many of the costs involved, there are ways to make sure you don’t pay too much, particularly in the case of your conveyancing solicitor. To help you compare costs for your conveyancing quote, we’ve outlined how much it all should really […]
  • Everything You Need to Know About Selling a House at Auction (9/15/2016) - Selling a house at auction can be a daunting process, but not when you’re armed with all the right information. Here we’ve outlined everything you need to know to get a good price and a smooth transaction when selling your property at auction. The benefits of selling a house at auction:• If you are in […]
  • Selling a Probate Property – The Most Commonly Asked Questions (9/5/2016) - Have you been left a house in someone’s will? If so, you’re probably going through a difficult time and will want to get the property sold as quickly as possible. To help you through this process, we’ve listed the most commonly asked questions on how to sell a probate property. Do I have to wait […]
  • 6 Conveyancing Truths You Need to Know (8/15/2016) - Do you know what to look for in a good conveyancer? Do you know what to avoid? To help you on the hunt for the perfect property solicitor we’ve outlined the top six conveyancing truths you really need to know.
  • What Do Homebuyers Look for in a Property Solicitor? (8/9/2016) - When searching for a solicitor, what is it you look for? Reputation? Communication? Trust? We’ve used data from a recent article in Modern Law Magazine to find out just what homebuyers need in a top quality conveyancer.
  • Street Talking: the new Essential Report for HomeBuyers (7/31/2016) - Fridaysmove introduces the new Street Talking report, an essential property search report for home buyers, showing details about the area around their new home.
  • Buying Property in England following Brexit (7/5/2016) - Brexit: does it hail a rush on property sales in England? Following the wake of Britain voting to leave the EU, the English housing market is unsure of where it’s going next, but despite widespread uncertainty it’s still a good a time as any to invest in property in the UK. The Independent has already […]
  • Buying and Selling Property: are you considering Attended Exchange? (6/25/2016) - Fridaysmove talks about Attended Exchange, for those who are wanting to complete quickly on a house purchase or sale
  • Transferring a business lease to someone else – getting the Landlord’s consent (3/1/2016) - Tenants of commercial premises who want to dispose of their premises will have to obtain their landlords’ consent if they want to transfer (or ‘assign’) the lease to someone else. This also applies to under-letting or sub-letting....
  • Taking a new lease of business premises (3/1/2016) - The Fridaysmove Commercial Property blog looks the complexities of taking a new lease of business premises, and the steps involved in the legal proves.
  • Joint property ownership – a problem area for couples living together (3/1/2016) - Tony Lilleystone writes on the Fridaysmove blog about the legal problems which arise when two or more people jointly own a house.
  • BUYING YOUR FIRST COMMERCIAL PROPERTY – FIVE THINGS TO CONSIDER (3/1/2016) - Alex Miller from EMW Law writes for the Fridaysmove Commercial Property Blog about what buyers of commercial premises should consider.
  • Longer commercial leases a sign of growing occupier confidence (12/14/2015) - The average length of new commercial leases has increased during 2015, suggesting a greater confidence amongst tenants in the economic recovery.
  • Leasing a commercial property (12/14/2015) - Why you really need a solicitor when leasing commercial premises Anyone thinking of taking on commercial premises of any type should get professional advice from a solicitor.
  • What is a contracted out lease? (11/26/2015) - It is very common for commercial leases to be contracted out of the security of tenure provisions set out on the Landlord and Tenant Act 1954. In broad terms, this piece of legislation provides a tenant with an automatic right to renew an existing lease save where the landlord can satisfy certain gr
  • New online portal will help solicitors provide faster Conveyancing (2/23/2015) - Conveyancing is now set to move into the 21st century thanks to the Law Society's new conveyancing portal which will be launched in spring 2015
  • Stamp Duty changes a welcome Christmas present for home buyers (12/5/2014) - Stamp Duty changes for completions taking place after 3rd December means that most homebuyers can expect substantial savings on what they will have to pay
  • Land Registry hit with £1m fine – but who really pays? (11/22/2014) - The Treasury has fined the Land Registry over £1m for breaking Treasury rules. But will it be home buyers that effectively have to pay the fine?
  • Rising cost of homes provokes Stamp Duty debate (10/19/2014) - Recent figures have provoked a debate as to the need for Stamp Duty to be abolished or at least substantially amended. Yet the chances of buyers in England or Wales seeing any real changes still look remote.
  • Should you buy a bargain flat with a short lease? (10/3/2014) - Solicitors generally advise clients against buying a flat with less than 70 years left to run as its difficult to get a mortgage.  Are they right thnough - what if you have found a bargain?
  • Property prices slow down in July but mortgage lending rises. (8/13/2014) - It looks as if the recent boom in property prices may have slowed down. But mortgage lending in June rose by 6% despite fears that stricter rules on new lending might depress demand.
  • Reducing solicitors professional indemnity insurance won't help anyone (8/7/2014) - £500,000 minimum PII would surely be inadequate for a solicitor handling the conveyancing for home buyers and sellers in London and the South-East.
  • Councils want more homes built – should restrictive planning laws be relaxed? (7/29/2014) - The Local Government Association recently announced plans which they say could result in half a million more homes being built by 2020.
  • Plans unveiled for local councils to provide extra half-million homes (7/25/2014) - Local councils could provide up to half a million extra homes by the end of the decade according to plans recently unveiled by the Local Government Association
  • Chancel Repair Liability may be scrapped if Lord Avebury gets his way (7/21/2014) -  Chancel Repair Liability could be abolished completely if a parliamentary Bill proposed by Liberal Peer Lord Avebury is passed
  • European Union wants to impose new rules on mortgages (7/18/2014) - A new EU directive means that mortgage borrowers will soon be entitled to a cooling-off period. So how might this affect the home buying and selling process and conveyancing?
  • Bogus Conveyancing firms tricking homebuyers out of money (7/10/2014) - Property owners and buyers should also be on the alert for property fraud. The Land Registry has set up a fraud hotline and has also introduced a number of services which can help property owners to protect themselves against fraud.
  • New lending restrictions are not the answer to rising house prices (6/30/2014) - What is the real problem the government must address if it really wants to stop house prices rising too fast.
  • Choosing the right agent to sell your property (6/26/2014) - Choosing an estate agent is an important aspect of selling your property.  How should you go about deciding which agent to use?
  • The risks you take when buying a flat (6/26/2014) - A user friendly list of everything you need to be wary of when buying a list
  • Help to Buy is not bumping up house prices (6/3/2014) - Fears that Help to Buy has been causing a boom in house prices seem to be unfounded according to recently released figures
  • Land Registry privatisation – a foregone conclusion? (5/30/2014) - The civil servants who run the Land Registry think privatisation is a done deal, despite that fact the government has not made announcement about it yet
  • How to stop squatters pinching your property (5/30/2014) - Think this isn't a problem now squatting is a criminal offence? Think again. You should still be worried about  squatters getting legal title to your property
  • Yorkshire BS new rules will reduce home buyer choice (5/15/2014) - This move is likely to hit smaller local conveyancing solicitor firms the hardest, and could force some of them out of business.
  • Legal Ombudsman reports rise in conveyancing complaints (5/10/2014) - One in five complaints about lawyers now made to the Ombudsman is about residential conveyancing.  What can you do if you have a problem with your conveyancing solicitor?
  • Senior judge calls for reforms to give cohabitants legal rights (5/1/2014) - A strong call for the government to reform the rights of cohabitants, which have left women especially with "nothing at all", has been issued by a senior judge.
  • Will new MMR rules make it harder to get a mortgage? (4/23/2014) - Homebuyers can expect far tougher questioning from lenders on mortgage applications made after 26 April 2014 when the Mortgage Market Review rules come into force
  • Help to Buy gets a boost to encourage more new home buyers (3/24/2014) - The continuation of the Help to Buy scheme is confirmation that the government sees this as the way to encourage the building of new homes throughout the country.
  • Land Registry fee reductions come into effect (3/17/2014) - From 17 March 2014 home buyers will enjoy a reduction of 50% in Land Registry Fees- but make sure your solicitor uses the right process or you won't be eligible
  • Stop your home being stolen with the Property Alert service (3/7/2014) - Did you realise that there are some thieves out there who could be trying to steal your house itself – not the bricks and mortar, but your legal title to the property.
  • Welsh Tories call for Stamp Duty cut, but don't hold your breath (2/17/2014) - Welsh Conservatives pledged to abolish Stamp Duty on £250k properties in Wales. This should be welcome news to anyone thinking of buying a home in Wales
  • Eastenders is no guide to buying a home in real life (2/5/2014) - Phil Mitchell's sale of the Queen Vic to Mick Carter analysed by conveyancing expert Tony Lilleystone
  • Homebuyers to benefit from 50% Land Registry fee cut (1/13/2014) - The Land Registry (the government agency responsible for maintaining the register of property titles) has announced that it will be halving the fees it charges homebuyers as from 17 March. This means that the transfer fee for an average-priced home will fall from £190 to £95. Anyone buying a home for between £80 £100, 000 […]
  • Would free local searches will cut the cost of conveyancing? (1/7/2014) - Local searches are a significant cost in buying a property – but should buyers really have to pay for information that is in the public domain?
  • Will cuts in Funding for Lending (FLS) affect mortgages? (12/2/2013) - Will mortgages be harder to get, or more expensive, now that the lending for residential loans is to be removed from the government-backed Funding for Lending scheme?  That is the question which now faces prospective house-buyers. Funding for Lending (FLS) was introduced last year, providing cheap central bank funding to banks and building societies to […]
  • Government advice for self-build property (11/27/2013) - The government says it wants to make it easier for people to stop dreaming about their ideal property and start building homes. Housing Minister Kris Hopkins recently told a Custom Build Summit in London “We are determined to help aspiring self-builders up and down the country who want to build the home of their dreams […]
  • Will the government listen to calls to slash Stamp Duty? (11/22/2013) - Stamp Duty Land Tax (SDLT) – the tax payable when you buy a property – has now come under attack from a substantial group of Conservative MPs. The Free Enterprise Group has called for Stamp Duty to be scrapped on all homes selling for less than £500,000.   The Group says:  “Stamp duty is a […]
  • Is the law batty about bats? (10/31/2013) - Writing about bats on Halloween seems highly appropriate as they are often associated with this festival. But while sticking plastic bats round your house might be a bit of a joke having the real thing in your home is no laughing matter.
  • Will statutory regulation of managing agents help flat-owners? (10/29/2013) - There have been many calls for some statutory regulation of the companies and individuals who own and manage blocks of flats.
  • Recent change in the law makes conveyancing safer for home buyers (10/24/2013) - A long-standing defect in the law has been changed making the home buying process safer
  • Grayling wants legal service reform – what about reform of the law? (10/23/2013) - Justice Minister Chris Grayling wants to reform the way legal services are provided. In the advertisement for a new Chair of the Legal Services Board he says “We need a more diverse and innovative legal services market that attracts new providers, offers new opportunities for the current and future legal profession and that meets the […]
  • New initiative brings faster conveyancing for flat-owners (10/21/2013) - A new process will knock as much as two weeks off completion times on the conveyancing of leasehold flats. 
  • Better property legal rights for cohabiting couples may come soon (10/21/2013) - An unmarried person living with a partner could soon get married couple property legal rights following a new parliamentary bill.
  • Help to Buy Scheme Brought Forward – Will You Benefit? (9/30/2013) - It looks like good news for all homebuyers as the government announces that the Help to Buy scheme is being extended next week - three months earlier than originally planned. But is it good news?
  • Guide for the first time flat buyer (9/29/2013) - The legal side of buying a flat is much more complicated than buying a house and can catch out the unwary.
  • Stratford hits the hot-spot for buy-to-let in London (9/23/2013) - The Stratford area of East London is now a hot-spot for buy-to-let properties. So should you invest what are the potential returns?
  • Everything you need to know about buying a leasehold flat (9/20/2013) - The legal side of buying a flat is much more complicated than a house and can catch out the unwary
  • Should you change the locks when you buy a house (9/10/2013) - The simple answer is “yes” – as soon as possible. You have no idea how many keys the previous owner or tenant gave away to friends, family or neighbours. Aside from the obvious risk to your security this poses, in the event of a burglary, the majority of insurers will refuse to pay out if […]
  • House prices climb in July – average home now worth £170,825. (8/6/2013) - Anyone wanting to sell their home should be encouraged by reports that house prices last month showed their strongest rate of annual price growth since August 2010.
  • Buy to let conveyancing – what are the critical issues? (7/17/2013) - Purchasing a buy to let proper is fraught with additional risk ranging from mortgage lender conditions to the potential for tenant fraud
  • How do Structural Engineers Reports differ from Home Buyers Surveys? (7/17/2013) - There is much degree of confusion about the reports offered by Structural Engineers and RICS Surveyors.  This article explains the differences between the various surveys.
  • Why don’t consumer rights apply to buying a home? (7/12/2013) - Why is it that house buyers get little or no protection from consumer protection legislation?
  • Scotland to get fairer Stamp Duty system – why not England? (7/3/2013) - Property transactions will be subject to a fairer taxation from April 2015 in Scotland but stamp duty in England will not change.  Why?
  • House price increases set to continue in July 2013 (7/1/2013) - The latest figures for UK house prices continue to show a modest upward trend, with experts predicting that is likely to continue.
  • RICS Survey shows improved house sales in Q2 2013 (6/14/2013) - A recent market survey carried out by the Royal Institution of Chartered Surveyors (RICS) has revealed good news for the property sector.
  • Leasehold Valuation Tribunal replaced by new Property Chamber (6/13/2013) - This new Property Chamber involves more than just a change of name – it will operate under different rules and procedures.  Read more about the changes here
  • Mortgage rates falling thanks to Funding for Lending scheme (6/6/2013) - The Bank of England says that mortgage rates have fallen following the introduction of the government’s Funding for Lending (FLS) scheme last year
  • Things to think about before buying a property near the sea (6/5/2013) - Many people like the idea of a seaside home. But when looking for such a property, think twice about how it might be affected by flooding from the sea, or the damage that can be caused when heavy gales blow salt-spray and sand far inland.
  • New Law Society advice on flood risk for home buyers. (5/28/2013) - 15% of homes at risk from flooding from rising sea levels or other causes.  The Law Society has now taken action to ensure home buyers are better informed.
  • New Property Information Form aims to make Conveyancing quicker (5/9/2013) - The Law Society hopes that the updated Property Information Form will make Conveyancing transactions easier and faster for sellers and buyers alike.
  • Do I own that fence? Identifying property boundaries (5/7/2013) - Homeowners often want to know who owns which of the fences or other boundaries round their property. But Conveyancing Solicitors often find it difficult to give a definite answer.
  • Static House Prices in April (5/3/2013) - The Land Registry’s figures revealed a 0.1% in March, while Nationwide’s house price index for April showed a very slight drop of 0.1%.
  • Your home extension could violate a covenant, even with planning approval (5/3/2013) - Even if current planning restrictions are amended, many homeowners may still be prevented from building an extension because of a covenant affecting their property.
  • How clear are your Conveyancing Solicitor’s fees? (4/26/2013) - Will the final bill from your Conveyancing Solicitor be much higher than the amount you were quoted?
  • Free solar panels may look green, but will they make your mortgage lender see red? (4/15/2013) - Homeowners looking to reduce their electricity bills may be tempted by offers of free solar panels. But before signing up to any such offer, property owners should think twice.
  • House prices show signs of recovery (4/5/2013) - Mortgage lenders Halifax and Nationwide both report some growth in average house prices in the UK since the same time last year. This is confirmed by the Land Registry’s house price index for February.
  • RICS – 1 in 5 who buy without a property survey regret their decision (4/5/2013) - More than one in five homebuyers who bought a home without having it checked out by an independent surveyor say they would never have bought the property if they had been aware of its true condition.
  • Homebuyers across the border face increased legal costs (4/2/2013) - Homebuyers in Scotland could soon face increased legal costs, as their own solicitor may no longer be allowed to act for their mortgage lender as well.
  • Help to Buy – Equity loans and how they work (3/25/2013) - The government’s Help to Buy scheme announced in the recent budget has extended the availability of Equity Loans to all buyers of new-build homes. 
  • Help to Buy – Budget promises help for homebuyers but no change to stamp duty (3/22/2013) - But it’s ‘jam tomorrow’ for homeowners who want to buy an existing property rather than a new one, as the part of the package intended to help them will not come into operation until January next year. 
  • Help to Buy – how the budget plans will help (3/22/2013) -   If you want to buy a new home, the first part of the Help to Buy scheme announced in the budget could help, even if you aren’t a first-time buyer. The new arrangements will help all would-be buyers who do not have a large deposit available, and will appeal to people who already own […]
  • Help to Buy – how the mortgage guarantee deal will help homebuyers (3/22/2013) -   Part of the Help to Buy package announced by Chancellor George Osborne in the recent budget is a mortgage guarantee scheme. This is intended to help would-be buyers who can only manage to raise a small deposit and have been unable to obtain a high-enough mortgage to buy a home. This new scheme should […]
  • Signs of growth in house sales as mortgage lending figures show January increase (3/18/2013) - Figures from the Council of Mortgage Lenders show lending for house purchase reached its highest January total in five years.
  • What is meant by 'Permitted Development'? (3/15/2013) - Under Town and Country Planning legislation “development” is defined as “the carrying out of building, engineering, mining or other operations in, on, over or under land, or the making of any material change in the use of any buildings or other land. ” This is a very wide definition, and to avoid the need for […]
  • Why can’t local councils do something to provide quicker replies to local searches? (3/15/2013) - Waiting for replies to local searches still appears to be one of the most frequent causes of hold-ups when buying a home, according to many Conveyancing Solicitors. Why this should continue to be the case is something of a puzzle – some local councils just don’t appear to realise the need to provide a quicker […]
  • Don’t lose the plot – checking title plans before buying a house (3/15/2013) - When buying any property, buyers should always take care to check that the title plan correctly shows what they think they are purchasing.
  • New Land Registry advice on joint home ownership (3/8/2013) -  The Land Registry has recently published a guide for Conveyancing Solicitors, jointly with the Law Society, advising on joint home ownership.
  • House prices rise in 2013 – but not for the whole country (3/4/2013) - There has been a small average increase in home prices, according to latest figures from both the Land Registry and Nationwide Building Society. 
  • Land Registry initiative could mean quicker conveyancing searches. (2/28/2013) - The Land Registry has just announced a scheme which it hopes will provide quicker and cheaper Conveyancing searches. Searches with the local council are an essential part of the home-buying process, but at present Conveyancing Solicitors may have to wait several weeks to receive replies – some councils are notorious for their delays.   The […]
  • A fresh look at Rights of light (2/28/2013) -   Rights of light may not be a subject to worry most homeowners, but a recent article in the Daily Telegraph gave the impression that this was yet another hallowed property right under attack from the government. The subject of the article’s wrath is a consultation paper just published by the Law Commission, looking into […]
  • New helpline to combat property fraud (2/21/2013) - The Land Registry has just set up a dedicated phone line for home-owners who think they may be the victims of fraud.
  • A simple guide to help find if you need a lease extension (2/8/2013) - Our simple table helps you decide on whether and when you should apply for a lease extension.
  • Land Registry’s new document service speeds conveyancing (2/1/2013) - This will speed up the registration of property transfers and mortgages, but will it provide quicker Conveyancing for buyers and sellers? 
  • What happens when a buyer wants the seller to extend a lease before completion? (1/30/2013) - If a buyer insists upon arrangements being made for a lease extension before completion, there are two choices open to the seller and buyer.
  • Common law couples – ensure your names are on your house deeds (1/30/2013) - Many people are under the mistaken view that English law recognises something known as a ‘common-law marriage’ and that if you live with someone this entitles you to a share of their property.
  • How do solicitors help with the lease extension process? (1/29/2013) - This article discusses some of the things that your Solicitor will do to make sure that your lease extension is completed quickly and with as little stress as possible
  • What happens if you cant agree lease extension terms with your freeholder? (1/23/2013) - Most applications for a lease extension are settled agreeably between leaseholder and freeholder. - but what happens if the cost and terms cannot be agreed?
  • Why you should extend your lease before you sell your flat (1/23/2013) - Many flat-owners fall into the trap of delaying a lease extension until they want to sell, only to discover that buyers cannot get a mortgage unless the lease has already been extended. 
  • What has a surveyor got to do with extending your lease? (1/18/2013) - A common question from owners of leasehold flats relates to the process involved in extending a lease - especially where the lease has fewer than eighty years remaining.
  • The risks of investing in building plots (1/17/2013) - The Land Registry has recently issued a warning against buying so-called 'building plots' from fraudulent property dealers
  • Increase in premium London homebuyers pay to live near a tube station (1/16/2013) - The premium Londoners are willing to pay to live close to a tube or train station has increased by 2% in only two years, according to a recent report by Nationwide.
  • Green Deal creates confusion for home buyers and sellers (1/14/2013) - The Government's Green Deal offers homeowners the financing to reduce the environmental footprint of their home, but what happens when the property is sold?
  • Conveyancing Association head comments on recent ruling (1/11/2013) - A recent ruling by the Court of Appeal, reversing a decision against a solicitor's firm tricked by fraudsters, has drawn opinion from Edward Goldsmith, Chair of the Conveyancing Association.
  • How to spot a conveyancing superstar (1/10/2013) - Choosing the right conveyancing solicitor is an important step when buying or selling a home.  So much so in fact, that it can make a material difference to your experience when moving home.re
  • New Energy Performance regulations come into force (1/10/2013) - An exemption for listed buildings is among the changes to EPC regulations which came into force yesterday.
  • Halifax publish December 2012 house price index (7/1/13) (1/9/2013) - The Halifax Building Society recently published their house price index for December 2012.  The figures are based on nationwide data from which a 'standardised' house price is calculated.
  • A Call to Standardise Conveyancing Contracts (11/6/2012) - Reading comments from many Conveyancing Solicitors on Law Society chief executive Desmond Hudson’s call for more progress towards electronic Conveyancing, I was struck by how many called for standardisation of the contract and pre-contract enquiries.
  • A Small Relief for Homebuyers – Lower Land Registry fees (11/2/2012) - As from the 22nd October, the land registry has reduced the fees it charges for registering property transfers and other services.
  • Japanese Knotweed – House sales could be scuppered by alien flora (10/23/2012) - Buyers are pulling out because lenders' survey reports reveal the presence of Japanese knotweed growing in the garden – or even a neighbour's garden – and lenders are refusing mortgages.
  • Law Society chief criticises delay in introduction of electronic Conveyancing (10/22/2012) - Failing to digitise Conveyancing could damage the UK economy, according to Law Society chief executive Desmond Hudson. 
  • What is a house? The Supreme Court’s landmark decision (10/18/2012) - When is a house not a house? This is the seemingly obvious question which the Supreme Court had to consider in two recent cases.
  • Increased mortgage availability should be good news for home-buyers (10/8/2012) - A recent survey by the Bank of England suggests that the mortgage availability is expected to increase over the next three months.
  • New law against squatters starts to bite (10/5/2012) - Enforcement of the recent criminalisation of squatting has begun. But are landlords and home owners seeing the benefit?
  • Broadband speed a priority for homebuyers (10/4/2012) - According to a recent survey a survey of 1,500 homebuyers, fast broadband is now more important to buyers than having off-street parking or local amenities.
  • Land value tax – one way to remedy the housing crisis? (10/3/2012) - It is clear to most people that there is a housing crisis in the UK. But would a land value tax, as proposed by the Joseph Rowntree Foundation, help to remedy this?
  • Would Ed Balls’ stamp duty cut really help the housing market? (10/2/2012) - Does a stamp duty cut for first-time homebuyers looks like just another empty promise from Shadow Chancellor Ed Balls?
  • CML delivers good news for home buyers and sellers (9/27/2012) - The Council for Mortgage Lenders have reported an increase in lending in July, 4% up on the same month last year. What impact has the Government's NewBuy scheme had on this boost?
  • Law Society asks Vince Cable to intervene in Mortgage Lender Row (9/17/2012) - Vince Cable has been invited by the Law Society to intervene and mediate in Conveyancing Solicitors' ongoing dispute with Mortgage Lenders.
  • Fairhold Homes forced to climb-down on exit fees for retirement-home owners (9/10/2012) - Fees payable by owners of retirement homes who want to sell or sub-let have long been a bone of contention.  Now the OFT are involved
  • Too Confusing for Consumers – Is the BBC right about Conveyancing fees? (9/7/2012) - In a recent article, the BBC listed a number of fees that caused consumers to "scratch their heads", including Conveyancing Fees. Is that a fair assessment, or stuffy, out-of-date thinking?
  • Can the new housing minister revitalise Britains flagging housing industry? (9/6/2012) - Perhaps being a surveyor will help Mark Prisk in his new job as housing minister.  Following his move from the Department of Business, Innovation and Skills as part of David Cameron’s cabinet reshuffle he will now be expected to help revitalise Britain’s flagging housing industry. According to his website his parliamentary interests include “small business […]
  • Martin Clunes – the country solicitor (9/5/2012) - Are solicitors offices really computerless museaums of paper as depicted in Martin Clunes new series?
  • Are Which? right about DIY lease extension advice? (9/5/2012) - Are you better-off negotiating a lease extension informally or by statutory procedure? Which? suggest DIY is a money saving way of doing things but are they right?
  • Have squatters rights finally been abolished? (9/4/2012) - The government have claimed that "squatters rights" are a thing of the past. But does this new legislation really benefit property owners plagued by illegal encampments and occupiers?
  • Could home owners on regeneration estates face compulsory purchase threat? (9/3/2012) - Many people who have bought flats and houses on council-owned estates could be facing the threats of compulsory purchase in the not-too-distant future.
  • Fridaysmove Survey Challenge launches (9/2/2012) - Earlier in 2012, Fridaysmove carried out a survey on a property in London which revealed a number of issues which in total cost over £40,000 to fix.
  • Why short leases are harder to sell (8/31/2012) - Why is it harder to sell a flat which only has a short lease? Buyers are generally put off for the following reasons
  • Why selling a freehold house subject to a lease of part is bad news (8/30/2012) - Deterred buyers may think they are looking at a freehold flat - they may be mistaken
  • Q – When is a freehold flat not a freehold flat? (8/29/2012) - No, this is not some dreadful joke out of a cracker – in fact the situation to which it refers is no joke at all to Conveyancing Solicitors and their clients.
  • Fridaysmove reviews the benefits of commonhold over leasehold ownership (8/28/2012) - Tony Lilleystone of Fridaysmove makes the case for commonhold property ownership over leasehold.
  • Fridaysmove reviews liberal think-tank’s report on Leasehold flats (8/28/2012) - Fridaysmove’s review of Liberal think-tank CentreForum’s report on leasehold property ownership concludes that their recommendations do not go nearly far enough
  • Dispatches leasehold program hits the mark (8/23/2012) - Channel 4's 'Property nightmare – the truth about leasehold' program focusses on extortionate charges for so-called repairs and maintenance works
  • Why is it necessary to grant a new lease when extending? (8/23/2012) - You might be think that as you already have a lease, this is quite unnecessary. Surely a short document saying that the term granted by the existing lease is extended by 90 years would be sufficient?
  • Inside Conveyancing firms CQS value is questioned (8/22/2012) - At present just over half have joined, but it looks as if many of those who haven’t yet applied don’t intend doing so.
  • 6 reasons to get a professional valuation before extending your lease (8/21/2012) - Tempted to approach your freeholder with an offer to extend your lease?  STOP - READ 6 Reasons to get a professional valuation first
  • Property Nightmare: The Truth about Leaseholds (8/17/2012) - It looks as if the anger flat-owners feel over outrageous service charges and management fees imposed by freeholders and their managing agents is at last being heard...
  • Buying a Share of the Freehold may not solve your leasehold woes (8/17/2012) - Don't confuse Freehold with Share of Freehold when buying a flat. To do so could be to underestimate the real cost of ownership.
  • Is now the optimum time to extend your lease? (8/14/2012) - With the property market in its present state, now could be the cheapest time to extend your lease.  Tony Lilleystone discusses
  • More worries about chancel repair liability (8/6/2012) - Legislation intended to remove homeowner's worries about chancel repair liability may be having the opposite effect!
  • Don’t get a bad deal on your lease extension (8/6/2012) - It may come as a surprise but approaching your freeholder directly to extend your lease could cost you big time!
  • English leasehold reform lags behind Scotland (7/31/2012) - A new law gives Scottish flat-owners protection from bad management so why can’t England and Wales follow suit?
  • Leasehold vs Freehold – the practical differences in ownership (7/27/2012) - Looking at websites for anything related to Conveyancing, I see many questions from people who are unclear of the practical differences between owning a leasehold home and a freehold one. This is important for anyone looking to buy a property for the first time, or for someone who has not bought a property in England […]
  • Plans to stop Stamp Duty avoidance on £2m+ homes (7/27/2012) - Not a concern to many but will it be extended to lower-value properties in the future?
  • Joint home ownership – time for a change in the law? (7/27/2012) - Is it time for a change in Property law relating to joint ownership of homes?  Although Conveyancing Solicitors do their best to explain how property can be owned by two or more people, many buyers remain confused by the options open to them. ‘Joint tenants’ or ‘tenants in common’ – why are there two forms […]
  • Government clamps down on Stamp Duty Avoidance schemes (7/27/2012) - Conveyancing Solicitors are frequently asked about schemes for avoiding paying stamp duty land tax (SDLT) when buying a home.  These schemes are commonly known as ‘Stamp Duty Mitigation‘. No-one likes paying more tax than they need to, and these schemes are widely advertised on the internet as being approved by the Revenue. In fact the […]
  • How to Buy your Ground Rent – Advice for Investors and Leaseholders (7/26/2012) - An article recently published in the Investors Chronicle highlights the benefits to investors of buying up ground rents. This refers to the practice of buying the freeholds of leasehold properties. Such ground rents are often offered for sale in property auctions.
  • Do conveyancing delays arise from Solicitors acting in a combative way? (7/16/2012) - I have recently watched a series of programmes on the development of the English legal system presented by Harry Potter (no, not the fictional student wizard from Hogwarts, but a real Barrister who specialises in criminal defence work. ) One of the points which he made was how the adversarial system has developed in English […]
  • Runnett and Co acquired by In-Deed (5/15/2012) - Property Lawyers has been bought by AIM-listed firm In-Deed Online The online provider has acquired total ownership of top 10 Conveyancing firm Runnetts, from founders Paul Thomas and Mathew Lewis.
  • Does the Church own mineral rights beneath your home? (5/15/2012) - Many property owners are receiving notices from the Land Registry to say the Church Commissioners are claiming that they own the mineral rights in the property.  What should you do if you get one?
  • Has the time come to Abolish Leasehold Titles? (4/24/2012) - The Campaign for the Abolition of Residential Leaseholds would like to see the end of what they claim are a vestige of feudal times. And as a conveyancer, I have to say that I have a good deal of sympathy with their campaign, and I suspect that many lawyers will agree.
  • Gas Explosion Destroys Block of Flats- Time to check your buildings insurance? (4/22/2012) - Buildings insurance may not be at the top of your mind when buying a flat. But the recent story of an apartment block damaged by a gas explosion should act as reminder to all flat owners to check their buildings insurance and its coverage.
  • Is the stamp duty hike a bonus for squatters? (4/16/2012) - A recent newspaper article raised the suggestion that the 7% rate of stamp duty on property sales over £2m could prove an unexpected bonus for squatters! 
  • Conveyancing Solicitors panel criteria released by HSBC (3/30/2012) - The HSBC has addressed growing criticism of the banks decision to massively reduce their mortgage customers' choice of solicitor.  But does it really mean a more choice for consumers?
  • Yorkshire and Clydesdale panel plans increase borrower confusion (3/26/2012) - The Yorkshire and Clydesdale Banks have recently announced that as from the middle of April 2012, all new applicants for their Conveyancing Solicitor panels must have CQS (Conveyancing Quality Scheme) accreditation.
  • Estate agents advise caution to HSBC borrowers (3/23/2012) - Desmond Hutton, Chief Executive of the Law Society, has revealed that Estate Agents are advising HSBC mortgage borrowers about potential conveyancing delays resulting from the HSBC's recent lender panel cull.
  • Will the Law Society's Form changes help fast track a sale? (3/13/2012) - The Law Society say that proposed changes to the Property Information Form (TA6) will reduce the sale fall-through rate. However, the best way to stop buyers pulling out post-offer, is to engage a Conveyancing Solicitor before you find a buyer. 
  • Fake Conveyancers discovered by SRA (3/6/2012) - The SRA reports that a company called Gokciler & Co Ltd at 88 Bowyer Road, Alum Rock, Birmingham, B8 1ES, was masquerading as a subsidiary of legitimate Conveyancing firm Gokciler Solicitors. The cloned firm was set up in an attempt to defraud would-be Conveyancing clients. 
  • How can Conveyancing consumers avoid hidden Solicitors fees? (3/6/2012) - The BBC asked Adam Sampson, the Chief Legal Ombudsman, to comment on leavened legal fees. Sampson said that a quarter of complaints to his office raised the issue of fees. Many of the complaints, he said, were based on clients not understanding their Solicitors.
  • Property Survey decision still pending in Rip Off Britain case (3/5/2012) - Sally Rogers contacted Fridaysmove shortly after our report on her Home Buyers Survey woes. Our attention was drawn to her case by the BBC’s Rip Off Britain programme. She wanted to clarify some points that had been misreported when the programme went to air.  
  • Conveyancing consumer's guide to Property Information Form (TA6) changes (3/1/2012) - The Law Society has asked for feedback from Solicitors about its proposed changes to the Property Information Form (TA6). We investigated what the changes will mean for buyers and sellers of property.
  • Busy New Year for Conveyancers set to continue (2/28/2012) - In 2012, Fridaysmove has helped more people than ever with their Conveyancing, Home Buyers Surveys and Energy Performance Certificates. And our busiest period ever is set to continue, despite uncertain forecasts in the housing market after the stamp-duty holiday ends in March.
  • Rightmove announces Internet property bump (2/28/2012) - Property website Rightmove have announced a 23% rise in full-year profit saying that the Internet was fast becoming the overwhelmingly preferred tool of home buyers and sellers alike.
  • Conveyancers and estate agents forget who is boss (2/28/2012) - While Conveyancers and estate agents argue about who deserves a bigger slice of the pie; consumers are losing out.  
  • Fridaysmove comment on BBC survey programme (2/23/2012) - The BBC's Rip Off Britain programme has been scandalised by the failure of a Home Buyers Survey to uncover a rat infestation in the Rodgers' new home. However, Fridaysmove believes that the Surveyor was not guilty of negligence, it was their inflated prices that caused the couple's woes.
  • New report exposes law firm customer service woes (2/17/2012) - A survey by consultancy group Customer Experience in Law (CXINLAW) has found that law firms often fail to provide satisfactory customer service. Fridaysmove is devoted to attending to clients and ensuring that buying and selling a house is a worry-free experience. 
  • Nationwide conveyancing panel cuts – should consumers care? (2/16/2012) - The Nationwide Building Society, one of the UKs largest lenders, is in the process of cutting back its conveyancing panel on the basis of inactivity.  But does this pose the same threat to consumer choice that the recent HSBC panel cull does? 
  • Quality Assured mark addresses HSBC’s mortgage fraud fears (2/14/2012) - The SLC calls for conveyancers to contribute ideas to a proposed quality assurance scheme designed to reassure lenders.
  • Greener homes for Londoners with Boris RE:NEW programme (2/14/2012) - Forty-thousand Londoners have taken advantage of the Greater London Authority's home retrofitting programme.
  • Fridaysmove able to offer Conveyancing to buyers taking out HSBC mortgage (2/9/2012) - A media storm has erupted from the recent decision by the HSBC Bank to axe thousands of Solicitors’ practices from its Conveyancing Lawyer Panel. Fridaysmove examines the impact of HSBC's decision on consumer interests.
  • Lloyds moving cost study shows mortgage arrangement fees up 252% (2/5/2012) -  The annual Lloyds TSB Review of the Cost of Moving Home was recently released to the press. On face value, the report is yet more bad news for Home Buyers, claiming that the 'Cost of moving rises faster than house prices over the past decade'. 
  • Stamp Duty Exemption for First Time Buyers ends in March (1/20/2012) - First Time Buyers who intend to take advantage of the stamp duty exemption for house purchases below £250,000 must act fast. With the March deadline for completions, property market specialists predict many hopeful first-timers will miss out.
  • A Conveyancers Perspective on House Prices in 2012 (12/30/2011) - Increasingly I am being asked by clients about my thoughts on the outlook for house prices in 2012.  I think this is primarily down to the increasingly wild disparity between the conjecture in the press. Obviously there has never been a crystal ball on house prices but never has it felt more like anything can […]
  • A Conveyancers view of Grant Shapps' New Housing Scheme (12/1/2011) - With so much uncertainty, will the latest developments in the Govenment's housing strategy make a difference? And what of the impact of the latest statistics on the building of new homes (or lack thereof)?
  • Radiant heating – a key recommendation for future Home Buyers Surveys? (11/24/2011) - This article considers the benefits of 'radiant heating', the latest energy-saving heating solution. Will Surveyors be suggesting that Home Buyers Survey clients install this over more traditional options?
  • Somerset Homebuilding Show presents latest in construction technology (11/21/2011) - Radiant heating, under-floor heating, pre-insulated walls and solar energy the most prominent features on display
  • Is CQS really a Badge of Excellence? (11/21/2011) - Is CQS (Conveyancing Quality Scheme) approval more a badge of ordinariness rather than a ‘badge of excellence’? The Conveyancing Insider investigates the Solicitors accreditation scheme.  
  • The end of the road for Local Conveyancing Solicitors? (11/1/2011) - It was meant to improve the standard of Conveyancing across the UK, but does the proliferation of the Conveyancing Quality Scheme herald the end for high street firms?
  • Will proposals to criminalise squatting benefit homeowners? (10/31/2011) - Squatting is not something that usually affects Conveyancing Solicitors, except in the context of title being claimed by adverse possession. However, recently reports of squatters taking possession of a house which was up for sale give some cause for concern.
  • Will Local Housing Allowance (LHA) changes affect the property market? (10/28/2011) -  Will the housing market for buy-to-let property be affected by an impending change in Local Housing Allowance (LHA)? The demand for rented properties shows no signs of slowing down, as increasing numbers elect to rent rather than buy. 
  • Countrywide Conveyancing for New Build property launches (10/27/2011) - Countrywide Conveyancing has announced the launch of a specialist new build Conveyancing team  The department will service both developers and buyers of new homes. The complexities of new build purchases, together with various government initiatives available to new buyers, make it more important than ever for buyers to be advised by Conveyancing Solicitors who have experience […]
  • Will Homeowners have to pay Section 106 money to Councils? (10/25/2011) - Local councils across Yorkshire are owed an estimated £5 million from developers, but it’s the current property owners who may have to pay up  Conveyancing Solicitors acting for homebuyers are tasked to uncover any agreements or covenants which may affect the home they wish to purchase. These should show up in a local search. The […]
  • Stamp Duty Mitigation – balancing the argument (10/22/2011) - Stamp Duty Mitigation is not being presented to home buyers in a balanced fashion and there is distinct absence of balanced argument about the subject on the web.
  • How to avoid Gazanging? Buy a New Build Home (10/19/2011) -   ‘What is Gazanging?’ was the question on every home buyer and seller’s lips last month – but it has quickly become a (feared) household phrase among Conveyancing Solicitors and smarter home movers. Whether or not Gazanging really exists, one thing is certain, the property market is rife with uncertainty. Some purchasers are finding it […]
  • Conveyancing Solicitors advise on key points of new drainage legislation (10/3/2011) -   How will the new drainage ownership law affect the work of Conveyancing Solicitors? More delays?  Important changes in the law which has just come into effect will have a significant effect for many property owners, particularly those in more rural areas – although few will probably realise it. Conveyancing Solicitors across the country may […]
  • Forget Gazanging – it is weak demand that plagues the housing market (9/30/2011) - Having polled a number of Conveyancing Solicitors at the 'coal-face' of the property market - most suggest that the real problem lies more with the generally weak state of the economy than Gazanging.
  • Gazanging and the self-fulfilling prophecy (9/26/2011) - Does the framing of the 'Gazanging' problem not just add to the uncertainty in the home buying and selling process - thus increasing the likelihood of the very seller jitteriness it sets out to expose?
  • Fast Conveyancing and the Gazanging Paradox (9/22/2011) - Not much can be done to prevent Gazanging, but could advice from the word's inventor actually exacerbate the problem?
  • The Lib Dem Conference impact on Conveyancing in Birmingham (9/22/2011) - A Birmingham Conveyancing expert dicusses the potential impact of the Lib Dem conference
  • Will Gazanging still enable agents to claim commission? (9/21/2011) - Now the practice of last minute vendor withdrawal has a name - Gazanging - will agents be reviewing their terms?
  • Will the government ban Conveyancing Solicitors referral fees? (9/15/2011) - What impact will the ban on referral fees for Personal Injury have for Conveyancing Solicitors? Our Legal Manager Tony considers the evidence.
  • Will a fall in home ownership mean Cheaper Conveyancing Quotes? (9/6/2011) - What impact will the anticipated shrink in the market mean for the average Conveyancing Quote's cost? We consider the impact of a recent report published by the National Federation of House Builders.
  • Will the new mortgage scheme affect the Conveyancing process? (9/2/2011) - September 2011 sees the introduction of a new mortgage verification scheme designed to help combat fraud; but is this going to result in a slower, more complex Conveyancing process?
  • Conveyancing quandary – Do you need to tell your buyer about a boundary dispute? (9/1/2011) - Issues relating to rights of access and boundary disputes are all too common amongst neighbours - but do you need to inform a prospective buyer?
  • Buying property with a friend? Conveyancing advice you must consider (8/31/2011) - Are you thinking about buying a property with a friend or family member? Buying with a friend is all-too-often touted as a viable alternative by lenders and property pundits, but there are serious risks for the unwary buyer...
  • Conveyancing tips for buying property in a National Park (8/31/2011) - Property in Britain's national parks increases in value, but are they worth it? Buying in a rural area carries certain risks your Conveyancing Solicitor could uncover...
  • Tesco Law – Will the cost of Conveyancing tumble from October? (8/31/2011) - Will we soon be seeing banks or high street stores providing Conveyancing direct to the consumer?
  • Noisy Neighbours? What you should tell your Conveyancing Solicitor (8/30/2011) - What information must a seller reveal to a potential buyer during the Conveyancing process, about neighbour disputes and other (arguably non-property related) issues?
  • House prices rise in July, but completions fall? Is Conveyancing to blame? (8/30/2011) - House prices are rising, but at what cost? 10% more property sales fell though this May compared to last year, so what can your Conveyancing Solicitor do to safeguard your sale?
  • Can you ever be required to pay a yearly rent on a Freehold house? (8/26/2011) - Conveyancing Solicitors sometimes come across Freehold properties that attract a yearly rent.  Needless to say this is very confusing for most clients as the payment of rent is normally associated with leasehold properties.  This article addresses the most common questions.
  • Does discovery of misrepresentation entitle you to pull out of a purchase? (8/26/2011) - What can you do if you have bought a home and subsequently discovered misrepresentation on the part of the seller?  Read this article for the answers
  • What effect will ABS have on the Conveyancing market? (8/25/2011) - From October 2011 law firms will be able to switch to alternative business structures (ABS), whereby a firm can be owned in part or in total by non-lawyers. What effect will this having on the Conveyancing market?
  • Does your home drain into a septic tank? – Speak to a Conveyancing Solicitor now (8/15/2011) - Registration of septic tanks will soon become compulsory. If you are intending to move soon, speak to a proactive Conveyancing Solicitor who is suitably aware of the latest developments.
  • A Conveyancer's view on the Mail Online article – Deal or no deal (8/13/2011) - An article in today’s Mail Online has some sage albeit unrevolutionary advice for sellers. The Conveyancing Insider looks in more detail at what you can do to prevent buyers from slowing up a conveyancing transaction.
  • Amanda Holden Solictor Brand Launch (8/3/2011) - This week saw Amanda Holden’s Solicitor endorsement hit the news as she joins an increasing number of celebrities who are lining up to support their local (or not so local) Solicitor. Amanda Holden Solicitor Brand Endorsement Amanda Holden, who is the already the public voice of Quality Solicitors on their TV ad campaign, was on […]
  • Buying a Freehold House Part V – What your Solicitor does after completion (7/22/2011) - The conclusion of our Conveyancing Insider's review of Freehold House Purchases, focusing on post-completion. You may be relaxing in your new home, but your Solicitor still has work to do...
  • Responses to Conveyancing Solicitors Referral Fees (7/14/2011) - Many Conveyancing Solicitors are still so bound to their referral providers (often estate agents) that it really does create the potential for a conflict of interest - which is what happened to a seller who contacted me recently.
  • Buying a Freehold House IV – From Exchange to Completion (7/14/2011) - The Conveyancing Insider's series on Freehold House Purchases continues, discussing what your Solicitor does to earn their Conveyancing Fees after exchange of contracts.
  • Buying a Freehold House Part III – Conveyancing for the Exchange of Contracts (7/14/2011) - The Conveyancing Insider's series of articles considering the intricacies of buying a freehold property, and the work your Conveyancing Solicitor undertakes, continues with Part III, focusing on the 'exchange of contracts' stage.
  • Buying a Freehold House Part II – Pre-Exchange Conveyancing (7/11/2011) - What are you really getting for your Conveyancing Fee? Part II in this series of articles reviewing the work your Conveyancing Solicitor undertakes on your behalf during a freehold property sale.
  • The risk of Conveyancing Solicitors cutting corners on new build plans (7/11/2011) - At the behest of their property-developer clients, Conveyancing Solicitors may reduce costs by not submitting detailed plans, but this is a practice which could put buyers at risk, and must cease.
  • Should Conveyancing Solicitors recommend RICS Condition Reports? (7/7/2011) - Conveyancing Solicitors may consider recommending the Royal Institution of Chartered Surveyors' new Condition Report survey to buyers, complementing the existing mortgage survey for the lender.
  • A good read for Conveyancing Solicitors from the property market (7/5/2011) - With the recent furore over referral fees, the bad habits of some Conveyancing Solicitors and agents has been put under considerable scruntiny - in a new book, agent David Pollock, continues the trend for transparency.
  • Do not get caught out by Terms and Conditions in Online Conveyancing Quotes (7/4/2011) - Hidden fees in the small print of an Online Conveyancing Quote's 'Terms and Conditions' are the bane of many homebuyers and sellers. How can they be avoided? Research, and a truly 'fixed fee' guarantee.
  • Land Registry abandons plans for e-conveyancing (7/1/2011) - In something of a surprise move, the Land Registry have abandoned plans to continue the development of e-conveyancing due to security risks. Will this really benefit Conveyancing Solicitors and their clients?
  • New HMO restrictions affects buy-to-let Conveyancing in Sheffield (7/1/2011) - Will Sheffield property investors be affected by the Council's tighter HMO restrictions? Conveyancing Solicitors may need to inform those hoping to buy-to-let of the impact of this news.
  • Increase in investment from regeneration property in Birmingham (6/30/2011) - Investment in regeneration property improves across the UK, but far more in some regions than others. Are upcoming projects in Birmingham likely to create a rush of speculative buyers needing Fast Conveyancing?
  • Property fraud – Is someone else laying claim to your land? (6/30/2011) - With identity theft increasing every year, perhaps Conveyancing Solicitors should be surprised they don't find cases such as this more often. What can buyers and sellers do to protect themselves?
  • Purchase Conveyancing boost as house prices falls across England and Wales (6/29/2011) - A fall in average house prices is good news for buyers, but how can sellers avoid losing out to 'Gazundering' and similar practices?
  • Why should the government reduce the burden of Stamp Duty? (6/29/2011) - Aside from the availability of mortgages, the heavy cost of stamp duty remains the major obstacle to prospective buyers. But what can be done?
  • Referral Fees for Conveyancing – Still causing trouble? (6/28/2011) - Referral fees for Conveyancing Solicitors are still creating a fuss for tabloid columnists. But are all referral fees a bad thing? Whose interests are protected? The Conveyancing Insider investigates.
  • Housing market revived after steady activity in May (6/28/2011) - Conveyancing Solicitors will no doubt be breathing a sigh of relief as Summer property sales across the UK improve following the setbacks of May.
  • Will proposed Civil Service strikes affect house purchases and sales? (6/28/2011) - Will the imminent Civil Service strike action on June 30th 2011 affect the Fast Conveyancing and completion of property sales?
  • Home Owners Protection Policy – Is it worth it? (6/27/2011) - The Conveyancing Insider considers why the new Home Owners Protection Policy offered by First Title Insurance may be a worthwhile investment for homebuyers.
  • More firms acquire CQS accreditation (6/27/2011) - More firms join the Convyenacing Quality Scheme (CQS). As the Law Society's new accreditation becomes more popular among Solicitors, will consumers really see a benefit?
  • Are Warranties on new homes a complete protection for homebuyers? (6/24/2011) - What does a warranty issued for your newly-built property actually protect you from? The Conveyancing Insider considers whether homebuyers are truly receiving a benefit.
  • Recent Court of Appeal ruling stirs up controversy for buy-to-let investors (6/24/2011) - Is the recent landmark ruling on lender's surveys for buy-to-let properties fair? Fridaysmove consider the effect this judgement may have on buyers across the UK.
  • Falling house prices? Instruct a Sheffield Conveyancer early and sell faster (6/23/2011) - House Prices in Sheffield are falling - is your property sale caught behind the curve? Instructing a proactive Solicitor for Conveyancing in Sheffield can be key to completion.
  • European property purchase to be made easier and safer for buyers? (6/22/2011) - A new EU mechanism for cross-border Conveyancing is currently being trialled to improve the security of property transactions abroad. Will it make a difference?
  • Referral Fees – Don’t rely on Conveyancing advice from agents (6/20/2011) - Are Referral Fees putting Conveyancing Solicitors' clients at risk? Our legal manager considers the recent report delivered by the Legal Services Board on this controversial issue.
  • One less Conveyancing worry for house-buyers? Understanding Drainage (6/8/2011) - The subject of drains is not one that excites most people buying a house. But Conveyancing Solicitors know that problems do arise because the ownership of drains is often far from clear. It is therefore very encouraging that the Government has published its proposals for most such private drains to be adopted by drainage companies. […]
  • Phil Spencer and Conveyancing Down Under (6/8/2011) - Inspired by Phil Spencer's Oz adventure? Consider this advice when looking for Cheap Conveyancing in the UK, or down under.
  • Buying a Freehold House Part I – First Steps… (6/8/2011) - What does your Conveyancing Solicitor do? This is the first article in a new series of articles focusing on the freehold Conveyancing process. For leasehold purchases, click here. You probably wonder what Conveyancing Solicitors actually do to earn their money. You may also think that conveyancing takes far too long, and that solicitors spin things […]
  • Is the nation paying too much in conveyancing solicitors fees? (6/6/2011) - A report published last week indicates that home owners across the country could be paying £675 million too much in Conveyancing Solicitors fees every year – this is very worrying. It seems that many people just go with the quote from their nearest high-street Solicitor without checking what else is on offer. Not all law […]
  • Conveyancing Explained – Leasehold Purchase Part V – Your Solicitor is still working Post-Completion (6/3/2011) - This is the final Conveyancing article in this 5-part series uncovering the legal work behind a leasehold purchase, to get the full picture, read Part 1 first. Your purchase has finally been completed. You’ve got the keys, your furniture has been moved in, and you will be unpacking your belongings and trying to find the […]
  • Conveyancing Explained – Leasehold Purchase Part IV – Completion! (5/31/2011) - This is the stage every buyer and seller wants to reach as fast as possible, and at crunch-time, you'll be glad you found a proactive Qualified Conveyancing Solicitor.
  • What does Phil Spencers fronting of In-Deed mean for clients? (5/28/2011) - As followers of the property (and even broader) press this week will be aware, In-Deed, the new Conveyancing service from Rightmove founder Harry Hill, has just launched. The service, which promises to raise standards in the Conveyancing sector, is endorsed by property personality Phil Spencer. Fridaysmove have written extensively on the need to improve Conveyancing standards, a need even […]
  • Conveyancing Explained – Leasehold Purchase Part III: Exchanging Contracts (5/27/2011) - So far, we’ve only taken a look at the initial stages your Solicitors' work for your property Conveyancing; now, it gets serious. Welcome to the Exchange stage...
  • LSB Review on Solicitors Referral Fees – Will it make a difference? (5/27/2011) - Was your Conveyancing Solicitor recommended by the estate agent? Are you concerned whether the Solicitor had to pay a referral fee to the agent? Let me know what you think.
  • Conveyancing News – Are we seeing a buy-to-let market turnaround? (5/26/2011) - Paragon Mortgages reports a rise in buy-to-let lending, but will this lead to increased activity in the housing market and a Conveyancing turnaround?
  • Conveyancing Explained – Leasehold Purchase Part II: Pre-Contract (5/26/2011) - Welcome to the second article in my Conveyancing Explained series, taking a look ‘behind the scenes’ at what your Conveyancing Solicitor actually does to earn their Fees.
  • Conveyancing Explained – Leasehold Purchase Part I: The Quote (5/25/2011) - What do Solicitors do to earn their Conveyancing Fees? It’s a mystery to many clients. Those transfer and mortgage forms which you have to sign look simple enough, so... what are you paying for?
  • Beware – Stamp Duty Scams (5/23/2011) - Many of us aren’t going to worry about the government’s latest hike in Stamp Duty rates (as from 6 April it’s now 5% on house purchases over £1 million) – BUT it doesn’t look like there’s much for home-buyers too look forward to either. While house prices may be falling in some areas, in London […]
  • Conveyancing Boom Thanks to Spring Market Conditions (5/23/2011) - This April, Fridaysmove ’s Conveyancing Solicitors saw an increase in Conveyancing instructions, and May looks like it’ll be even busier. The results of the recent, Royal Institute of Chartered Surveyors (RICS) Housing Market Survey, indicate a stabilisation in buyer inquiries, which has seen a consistent fall since June 2010, and an increase in new seller […]
  • Phil Spencer endorses new conveyancing service In-Deed (5/22/2011) - A new conveyancing service called ‘In-Deed‘ was launched today by Rightmove founder Harry Hill. Funded by 3i, the new company even enjoys a celebrity Phil Spencer Conveyancing Solicitor endorsement. The ‘In-Deed’ service, announced on ‘This Is Money’, is the brainchild of Mr Hill who, notably, is also the ex CEO of Countrywide. In-Deed are not […]
  • Conveyancing Fees for Contribution to Professional Indemnity – a real gem! (5/4/2011) - Charged by some Conveyancers and, as ever, frequently concealed in a vast paragraph in the middle of the Solicitor’s terms of engagement this is a quasi Conveyancing Fee that really should be part of the core Conveyancing Fees. As a policy I try not to be overly judgmental of the practice of ‘breaking out’ fees into […]
  • Conveyancing Fees for Admin – Why do some Solicitors charge extra? (5/2/2011) - In a bid to look at the charging practices of certain Conveyancing Solicitors, I will be going through the various Conveyancing Fees sometimes charged by property lawyer s, where to spot them (they are not always easy to find until you get an invoice) and what they are for. This article will be the first of […]
  • Conveyancing Fees Spotlight – the SDLT1 Form (5/2/2011) - The Conveyancing Fees Spotlight series of articles blows the lid off the practice of hiding fees - this week the SDLT1
  • The Secret to Fast Conveyancing? Email, Email, Email (4/20/2011) - More often than not, when giving a client a Conveyancing Quote, I am asked the same question:  "How long will the Conveyancing take?"
  • EPC used in selling price negotiation (1/13/2011) - I was recently involved in the sale of a Victorian conversion where an EPC was used to negotiate £5k off the selling price.  Is this the start of a trend?
  • Conveyancing Insider Tip – The Draft Contract Nudge (1/13/2011) - What can you do to make sure the vital start to the Conveyancing Process gets underway as quickly as possible?
  • VAT increase to drive up Conveyancing Fees (1/5/2011) - VAT increase notwithstanding, when comparing Conveyancing fees always look for any potential additional fees in the terms and conditions.
  • Rip-Off Probate Fees Charged by Banks! (8/20/2010) - Avoid paying Rip Off Probate Fees.  Fridays Probate Specialists offer low cost fixed fee probate quotes.
  • Two trustees needed when selling a property held as Tenants in Common (8/17/2010) - While dealing with a conveyancing transaction involving a deceased co owner, the issue of ownership as tenants in common arose and what to do where one co owner dies. The surviving co owner was the deceased’s wife. As the deceased did not sever the tenancy in common before he died, the restriction in the Land […]
  • Estate Agent says delays in Conveyancing caused by staff shortages (8/3/2010) - The Law Society Gazette published an article on 30. 7. 10 regarding ‘delays in conveyancing, due to staff shortages. ’ The comments forming the basis of the article were made by Nick Salmon, commercial director of independent estate agents Harrison Murray, who told the Gazette that ‘understaffed’ firms are struggling to cope with the increased […]
  • Mortgage Approvals and House Prices go down (7/30/2010) - According to an article in the Mortgage Finance Gazette, there has been a drop in mortgage approvals for the month of June compared with May.   The  figures show that there were 47, 643 loan approvals for house purchases, which was lower than the May figure of 49, 461   Furthermore, Nationwide reported that house prices fell by […]
  • Lloyds to cut members from their Conveyancing Panel (7/28/2010) - Lloyds Bank has announced that they will be reviewing their conveyancing panel with a view to removing firms who have conducted low numbers of transactions. Click here to view the full report in the Law Gazette published on 26 July 2010. They will be looking at firms who have conducted a low number of conveyancing […]
  • House Prices Increase in East London due to Olympics (7/27/2010) -   So, it’s not all doom and gloom in the world of property! New Land Registry figures show that house prices have increased sharply in East London which is hosting the Olympics in 2012. A large amount of money has been ploughed into the area to regenerate it, and it is paying off. The areas […]
  • Stamp duty penalty on 'energy inefficient' homes (7/23/2010) - The Times reported on 20 July 2010 that the government are considering imposing a stamp duty penalty on people buying properties which are found to be ‘energy inefficient’ after obtaining an Energy Performance Certificate (EPC).   A rebate for stamp duty can be applied for once the property has been improved and made more energy […]
  • Trusts and wills are vulnerable to new CGT rate, the Law Society has warned (7/21/2010) - The changes to Capital Gains Tax and Income Tax announced in the budget last month will have an impact on wills and trusts. Those who have the responsibility of administering an Estate during the Probate process will find that the increase in CGT will mean more tax is being paid out on any gains made. […]
  • There are now fewer energy inefficient homes in the UK (7/20/2010) - An Energy Saving Trust report has revealed that there are now fewer energy inefficient homes in the UK. The report states that properties which have the banding F or G (the lowest two categories) were found to have gone down by 5 percent between 2006 and 2008. 
  • Help! My Survey has revealed Asbestos at the property! (7/16/2010) - I came across a full building survey report property recently which highlighted the presence of asbestos. Upon reading the report both I and the client were concerned at the mention of there being asbestos and we will be pressing the seller’s conveyancer to have his client arrange an inspection by a specialist for advice on […]
  • Why should you get a short lease extended before you buy a property? (7/14/2010) - When buying a leasehold property it is very important find out, very early on, how many years there are left on the lease; i.e. the unexpired term. If the term is for less than 75-70 years then you should find out from the seller whether he is prepared to serve Notice on the landlord to […]
  • Which? Magazine list Fridays as Cheapest July 2010 (7/13/2010) - Which Magazine in their July edition about Home Information Packs (which are no longer required to sell your home) and Energy Performance Certificates (which are) has listed Fridaysmove at the supplier of the cheapest standalone EPC! This is despite the fact that the price they show is about £10 more than our current bargain price […]
  • FSA to ban Self Cert Mortgages (7/13/2010) - According to Reuters (13. 7. 10) FSA are to ban ‘self cert’ mortgages as new rules will require evidence of income to be produced. ‘Self cert’ mortgages are where a borrower has obtained a mortgage by self certifying his income, i.e. they have not produced evidence of their income to the lender. ‘Self cert’ mortgages played […]
  • Property Millionaires are on the rise! (7/9/2010) -   Despite the predictions of a double dip recession and the air of doom and gloom around us, property owners owning homes worth over a £1 million are on the increase. The number of property millionaires has gone up by nearly 5 times over the last ten years! According to this is money 9. 7. […]
  • Major firm Halliwells suffer due to the economic downturn (7/7/2010) - One of the largest regional firms in the UK, Halliwells, whose headquarters are based in Manchester,   are currently in talks with other major firms based in the North in relation to an acquisition of Halliwell’s business. They are the latest firm, and probably the largest, to have been affected by the economic downturn.   […]
  • Six Mortgage Advisers Banned by the FSA (7/6/2010) -   Six mortgage advisers were banned by the Financial Services Authority (FSA), yesterday, due to mortgage fraud. One of them was fined £130, 000 and the total number of brokers to have been banned this year is now 91. Click here to read the full report by ‘IFAonline’ published on 5 July 2010. The FSA are […]
  • Mortgage Lending to toughen up over the next three months (7/2/2010) - According to BBC online news on 1. 7. 10, lenders are warning that there is going to be a new squeeze on mortgage availability. Although, we have seen improvements recently in the mortgage market, it is feared that this will not last and lending is to get tougher, they say, based on reports from the […]
  • Is the first time buyer Stamp Duty Land Tax break coming to an end? (6/30/2010) -   The new budget was hard hitting indeed. We were all expecting there to be harsh cuts but it is only now, over a week on, that it is all starting to sink in as we work out exactly how it is going to affect us. No one will go unaffected since the cuts will […]
  • The New Build market faces uncertainty (6/29/2010) -   According to Taylor Wimpey, one of the largest builders of new build properties, the future is uncertain in relation to new build construction. They flagged up concerns yesterday in relation to planning issues relating to a shortage of land with planning consent and anticipated changes to planning legislation. Click here to read the full […]
  • Conveyancers and Estate Agents to work together (6/25/2010) -   According to the new president of the E-Homebuying Forum, Sir Bryan Carsberg, the future of the conveyancing market for England and Wales lies in partnerships being formed by solicitors and estate agents to form a ‘one stop shop’ for sellers. He went on to say that they system works well in Scotland and he […]
  • New Budget means tough times are ahead in the Property Market (6/23/2010) -   Everyone knew the provisions in the new Budget, which was announced yesterday, would be harsh and we have been bracing ourselves for this for a short while now. The new budget directly impacts on the property market and will affect first time buyers, new build properties, sellers of second homes and the number of […]
  • Mortgage Fraud is on the increase – Conveyancers Beware! (6/18/2010) - The Law Society Gazette reported on 17th June 2010 that mortgage fraud continues to rise based on the latest figures issued by the Solicitors Regulation Authority. These figures are particularly worrying for conveyancers. Peter Rodd, a member of the Law Society’s money laundering task force, said that most of the £15bn of criminal funds is […]
  • Rise in CGT will affect the Property Market (6/16/2010) -   A rise in Capital Gains Tax (CGT) has been a hot topic for some time now, since the new coalition government came in to power, and we all wait with baited breath to see what the actual changes will be.  At present CGT is 18% with taper relief but it has been suggested that this […]
  • House Prices continue to increase as HIPS are abolished (6/15/2010) - The Press Association Yahoo News reported this morning that house prices continued to rise in the month of May following the axing of the controversial HIPs packs. Click here to read the full report. More surveyors have reported a rise in property prices than those reporting a fall for the month of May. Notably, the […]
  • Platform launches a Joint Mortgage for Joint Property Buyers (6/11/2010) - The mortgage lender, Platform, has just launched a new product solely for joint property buyers. They say that research has shown that those with joint mortgagees tend to ‘perform better’ than those with a mortgage in their sole name. They are therefore able to offer favourable rates to joint applicants. Click here for the full […]
  • Crackdown on 'Garden Grabbing' for New Builds to be announced today! (6/9/2010) - Measures to stop “garden grabbing” by property developers are to be announced today after mounting concern relating to high-density housing, reports the Times online. Click here for the full report. Eric Pickles, the Communities Secretary, will reveal new regulations to stop developers building on vast numbers of gardens. Developers will sometimes buy up one family […]
  • First Time Buyers to be given a Helping Hand (6/8/2010) -   According to a report in Express.co.uk today, Grant Shapps has pledged to help first time buyers on to the property ladder. “Everybody should be able to buy their own home, the new Housing Minister is to announce today. ” Click here to view the full report. He will help property purchasing under the key […]
  • Should Conveyancing Referral Fees be banned? (6/4/2010) - There has been a lot of debate for some time now over whether referral fees for conveyancing matters should be retained or scrapped and whether they have harmed ‘consumers’.   The Law Society Gazette reported on 20 May 2010 that according to a report commissioned by the Legal Services Commission: “There is no evidence that […]
  • More Houses on the Market as HIPs are scrapped! (6/2/2010) - Estate agents are reporting a sharp increase in the number of houses being put on the market since the controversial HIPs have been suspended.   There is reported to be a 35% increase on new properties being marketed and it is clear that this is partly due to the HIPs being scrapped on 20 May 2010. Those sellers […]
  • HIPs demise boosts Housing market activity, but they're not commissioning EPCs! (6/1/2010) - The end of the HIP has resulted in more people putting their property on the market according to Estate Agents.  However it seems as though house-sellers, and perhaps Agents too, have not yet got to grips with the new EPC regulations that state that an EPC must be “commissioned” when you start to market a […]
  • Is there another housing crash looming? (5/28/2010) -   There have been predictions of the possibility of a new housing crash which will find  many of us stressing about  the financial crisis all over again.   The change in government signifies the end of an era and means that some serious changes have to be made to put the country firmly back on to […]
  • Mortgage Lending figures down for April (5/26/2010) - The Council of Mortgage Lenders (CML) reports that gross lending for April 2010 has declined. I wrote only last week in my blog that lenders and buyers could sigh in relief at the mortgage approval figures for March and the preceding nine months only to find myself writing quite the opposite today. The figures published […]
  • HIPs packs have gone – What does this mean for Home Sellers and Buyers? (5/25/2010) - As most people will have heard by now,   the controversial HIPs have now been suspended. You are therefore not required to have a HIPs pack when you put your property on the market. The EPC will remain though since it is part of European Union legislation. You must therefore commission an EPC when you […]
  • Is there going to be an alternative to the HIPs pack? (5/21/2010) - The coalition government have announced that HIPs packs are to be suspended from 21 May 2010. HIPs will therefore no longer be required when you market your property although you must still commission an EPC. EPC’s are required as part of EU regulations so even if the government wanted to abolish them along with the […]
  • 28 Days to Produce an EPC (5/20/2010) - The Government has suspended the HIP (Home Information Pack), but an EPC will be required to be produced by the seller within 28 days of going on the market. It’s not yet clear how this will be enforced and there isn’t an obvious existing regulatory mechanism. The potential buyers could be encouraged to look for the […]
  • Free EPC with Sale Conveyancing (5/20/2010) - Update: Fridaysmove no longer offer a free EPC with Conveyancing Now that HIPs have been suspended, Fridaysmove will be providing EPCs (Energy Performance Certificates) at no cost to our Conveyancing customers.  So you will be able to market your property straight away if you instruct us for Conveyancing.  We will produce the EPC within 28 […]
  • Do I Need a HIP? The Answer is No, But.. (5/20/2010) - From the 21st May 2010 you no longer need a HIP to market your property.  But, you do need an EPC (Energy Performance Certificate) – or at least you need to have ‘commissioned’ one and it needs to arrive within 28 days of you placing your property on the market. Fridaysmove are now offering a […]
  • Will the end of HIPs help the housing market ? (5/20/2010) - Let’s talk politics ! The question : What is the similarity between the UK electoral system and HIPs? The answer : Neither are perfect but there are no better alternatives ! Following the government’s announcement of the abolition of HIPs, home owners selling their properties are no longer required to produce a home information pack. […]
  • Mortgages on the Increase – Further Signs that the Property Market is on the mend! (5/19/2010) - The Property market is showing further signs of improvements as the number of mortgage application approvals continued to increase over the last nine months. The figures for March show that mortgage approvals increased by 45% in March compared to the same time last year, say the Council of Mortgage Lenders (CML).   Approximately 45, 000 […]
  • If HIPs go, Conveyancing Prices will Surely Rise? (5/19/2010) - If HIPs are abolished or suspended soon, then it doesn’t necessarily mean consumers will save any money.  The searches now done as part of the Home Information Pack will still need to be carried out (as part of Conveyancing) and it looks likely that the EPC will still be required. So if you’re holding on […]
  • Will HIPs be suspended This Week? (5/17/2010) - Rumour abounds that HIPs (Home Information Packs) will be suspended this week (ending 21st May 2010) when Parliament convenes.  See EAT source story.  If this is true 10, 000+ people will be looking for work overnight and the less-than-perfect Conveyancing process will again be thrown into the air!  However there are no facts to back […]
  • Increase in House Prices but First Time Buyers Continue to Struggle (5/14/2010) -   The official Government’s measure shows that overall house prices have risen by 0. 7 per cent in March which means they have increased over five consecutive months.   According to the Department for Communities and Local Government (DCLG), the average house price is now £205, 598. The findings are that first time buyers have […]
  • Grant Shapps gets Housing! (5/13/2010) - Grant Shapps MP has been appointed as the Housing Minister in the Coalition Government.  Read more on PublicPropertyUK.  As the Conservative Shadow Housing Minister he often vocalised his opposition to the Home Information Pack (HIPs) and is expected to bring forward the legislation required to abolish HIPs in this Parliament or soon after. What he […]
  • HIP to RIP ? (5/13/2010) - With the new coalition beginning to find its sea legs, the future of the Home Information Pack is looking increasingly bleak.   Though the government has several major issues to focus on, it appears that a Tory promise will be firmly fulfilled in this area. Elimination of  the HIP does not eliminate the need for […]
  • Things are looking up for Borrowers in the Property Market (5/12/2010) - The 2009 Annual Report for the Council of Mortgage Lenders (CML) was published last week. It signals hope for lenders and borrowers in the current climate. On the back of the elections and the disarray the election results caused, this is indeed welcome news. The report says that although the property market is still a […]
  • Government Announce End of HIPs. EPC to Stay! (5/12/2010) - The new Conservative Liberal Democrat Coalition Government has announced their intention to abolish the HIP.  The Coalition Agreement released 12th May 2010, simply states in section 11 (interestingly the Environment section); 
  • Will the EPC be abolished? (5/11/2010) - The future of the EPC is still unclear following the results of Thursday’s general elections since the results have resulted in a Hung Parliament with no clear majority.   The Tories and Lib Dems have had a few meetings since the elections to see whether they can form a coalition and at present it seems […]
  • Lib Dems and Conservatives to have HIPs abolished? (5/9/2010) - As the Conservatives and Liberal Democrats meet to thrash out some sort of political agreement, will scrapping the Home Information Pack (HIP) be top of the agenda?  Will Cameron and Clegg fail to do a deal because of disagreements over the future of the Energy Performance Certificate (EPC)?  No, of course not!  But it is […]
  • The Election Results and what they have in store for the public (5/7/2010) - While we wait for the final results of the general elections thoughts are probably racing through virtually everyone’s heads about what the eventual outcome will mean in our every day lives. It is clear that the conservatives have the most votes but not enough for a majority and therefore for an outright win. Labour have […]
  • What happens to the HIP in a Hung Parliament? (5/7/2010) - With everything now pointing to a Hung Parliament, it’s worth examining the possibilities for the future of the Home Information Pack.  After all, The Conservatives and Liberal Democrats both promised to abolish HIPs whereas the Labour Party wanted HIPs to stay.  We do know of course that Home Information Packs are not the top of […]
  • Survival of the HIP Post Election (5/5/2010) - The result of the elections is set to cause turmoil and confusion regarding HIPs and whether they are to be retained. We have only just got used to HIPs packs after nearly 3 years and we are to be thrown into further chaos if the Tories win the election which, at present, seems likely. The Tories have […]
  • Cameron promises to scrap HIPs in a few Days! (5/2/2010) - The Conservative Leader, David Cameron, said in an interview published on Sunday 2nd May that his Government would introduce legislation to abolish the HIP (Home Information Pack) within just a few days of taking office.  The Times article comes out at the same time as the News of The World predicts that the Tories will […]
  • House Prices now rising at 10.5% per year (4/29/2010) - The Nationwide building society announced today somewhat unexpectedly that the property market in England and Wales is now as rampant as it was before the Crash!  They reported 10. 5% annual house price inflation which is as high as it was in June 2007.  Read more on the BBC web site. Property market volumes (the […]
  • New Consumer Code for Home Builders introduced on 1 April 2010 (4/23/2010) - A new Consumer Code for Home Builders was introduced on 1 April 2010. It is aimed at providing a more streamlined, efficient service to its customers so the conveyancing process runs more smoothly and will apply to reservations from 1 April 2010. The code is operated and administered through warranty providers, the National House-Building Council (NHBC) […]
  • Plans for Co-operative to become one of the first Alternative Business Structures (4/23/2010) - The Co-op is planning to be one of the first Alternative Business Structures (ABS) to hit the market, come October 2011 when ABS will be permitted. They are planning a major advertising campaign to promote their legal services amongst their customers. In-store radio and animated television screens are to be used to support the campaign. […]
  • The new Consumer Code for Builders introduced on 1 April 2010 (4/23/2010) - A new Consumer Code for Home Builders was introduced on 1 April 2010. It is aimed at providing a more streamlined, efficient service to its customers so the conveyancing process runs more smoothly and will apply to reservations from 1 April 2010. The code is operated and administered through warranty providers, the National House-Building Council (NHBC) […]
  • Restricted Access to Local Authority Records (4/21/2010) - The Council of Property Search Organisations (CoPSO) has requested the government to consult on legislation which requires local authorities to provide open and free access to property information. Councils are apparently restricting access to their information records which leads to problems when undertaking personal searches. At present individuals have access to the public register but […]
  • So could the EPC replace the HIP? (4/20/2010) - With many signs pointing towards the abolition of the HIP sometime late in 2010, it seems a good time to ask, “will the EPC just replace the HIP?” The Energy Performance Certificate (EPC) has always been a part of the Home Information Pack (HIP). It provides an energy rating (very much like those that you […]
  • The HIP is Dead, Long Live the EPC! (4/15/2010) - With the Liberal Democrats announcement that they would scrap HIPs and keep the Energy Performance Certificate or EPC (that is, if they win the 2010 Election), the Tories committed to abolishing the HIP (with no mention of the EPC) and the Polls pointing to either a Tory Win or Lib Dem involvement in Government – well, let’s just say […]
  • Election 2010: Liberal Democrats vow to scrap HIPs too! (4/15/2010) - In their 2010 Election manifesto launched on April 14th 2010, the Liberal Democrats stated that they would “Scrap burdensome Home Information Packs, retaining the requirement for homes to have an energy performance certificate. ”  To read the whole manifesto go here. At last one of the main parties has acknowledged that the HIP may be […]
  • Fridays highlighted as cheapest HIP provider………..again ! (2/26/2010) - During a week in which both the Daily Mail and OFT highlighted concerns regarding referral fees paid by conveyancing solicitors to Estate Agents,  the Guardian Newspaper has pointed out that it is cheaper to buy your HIP direct rather than through an Agent. “. . research showed that the Halifax offered the most expensive Hip […]
  • AHIIPP rattle Grant Shapps’ cage (2/26/2010) - Shadow Housing Minister Grant Shapps lashed out this week in response to an email sent by the Association of HIP providers (AHIPP ) via their PR agency.   Hundreds of MPs and candidates received the email consisting of a letter attacking the Conservatives’ plans to scrap Home Information Packs. The letter, published by PR Week, […]
  • How to be on guard when it comes to choosing a conveyancing solicitor (2/22/2010) - The Daily Mail today published an article entitled “Is your estate agent taking ‘bribes’ from your lawyer?” which recommends the following sensible advice when appointing a conveyancing solicitor: Do: ·         Keep everything simple and separate in a conveyancing transaction ·         Employ a conveyancing solicitor you trust, even if he costs more.   ·         Remember that […]
  • A pint, a bag of nuts and a conveyancing solicitor please (2/3/2010) - A popular Norwich city pub is opening its bar to businesses involved in house-buying to help people in the Golden Triangle understand conveyancing in Norwich The ‘Unthank Arms’ in Newmarket Street, is opening its doors to an estate agent, a conveyancing solicitor, a Home Information Pack (HIP) provider and a mortgage broker  to use the […]
  • Case of Caveat emptor could open the floodgates (1/31/2010) - The question of whether a seller can be sued for misinformation in the conveyancing process has hit the press. The question was raised last week in the Daily Mail article: ‘Banker sues couple who sold him £1. 9million Thames home ‘because river floods his garden’’   The article reports that the Howd family paid £1. […]
  • 'Never mind the quality, just feel the size of the bung' (1/28/2010) - Just whose side are Estate Agents on? And is Direct Conveyancing any better?  A recent report suggested that referral payments made by solicitors are ‘the least important consideration’ for estate agents when recommending conveyancing firms to clients. I have my doubts about this, as the report makes no acknowledgement of the fact that some of […]
  • Changing your property lawyer mid transaction (1/23/2010) - Previously, it was very rare to change your conveyancing solicitor part way through a transaction. Unless there was a major problem, if a client had simply lost faith or confidence with their solicitor, they would be strongly advised to continue with them. However, the last 12 months in particular have seen several high profile conveyancing […]
  • 57% benefit from not having to pay Stamp Duty (1/18/2010) - Last year’s government scheme exempting home buyers from Stamp Duty surpassed original Council of Mortgage Lenders (CML) estimates. During this concession period, 57% of homebuyers were exempt from Stamp Duty tax. In 2008 the government temporarily raised the nil rate thresholds for stamp duty to £175, 000, with the CML predicting that over half of all […]
  • Now is the time for Lease Extensions (1/18/2010) - If you currently own a flat built during the 1960,s, 1970’s or 1980’s, with a 99 year lease, you may experience difficulty in selling or mortgaging.  This is due to the fact that, in the current climate, leases under 70 years can be particularly difficult to sell.
  • Preventing Property Fraud (1/16/2010) - As a home owner, you may be at risk of having your property stolen, especially if you are not currently residing in it. For many, their home is their most valuable asset; therefore protecting oneself from property fraud is critical. Fridaysmove can help to protect you from such fraud, ensuring you do not become a […]
  • E-Mail from Legal Complaints Service regarding Wolstenholmes Files (1/6/2010) - The following information is the full text of an email I  received from the Legal Complaints Service regarding the situation at Wolstenholmes:   Thank you for email about Wolstenholmes. As you are aware we have recently received a large number of reports, and concerns, concerning this firm. Both the Legal Complaints Service (LCS) and the Solicitors […]
  • How Manchester Solicitors may have left clients with a New Year tax bill (12/31/2009) - 200-year-old Manchester law firm Wolstenholmes collapses into disarray amid accusations of dishonesty and mismanagement. What should ex-customers of Wolstenholmes do to mitigate the damage this may cause?
  • Service Charge Disputes Increasing as Recession Bites (12/30/2009) - According to a statement by the Leasehold Advisory Service  “A lot of people do not realise that there is no cap on how much service charges can rise. The rule is that charges have to be reasonable. ” Several leasehold owners resident in apartment blocks pay service charges. These charges cover the cost of maintaining […]
  • How abolishing " Caveat Emptor " could improve the conveyancing process (12/27/2009) - The Law Society’s consultation paper has discussed whether the doctrine of ‘caveat emptor’ in residential conveyancing transactions should be modified by the principle of ‘seller disclosure’. The issues here are: a) How this could improve the conveyancing process? b) On what basis the modifications should be made? Residential conveyancing is currently governed by the principle […]
  • Shapps says Oven ready HIPs are not for him to EAT (12/20/2009) -   Following on from my blog ‘The press get it wrong when it comes to exchange ready HIPs’,  Shadow Housing Minister Grant Shapps  has advised online estate agency website  EAT ( Estate Agency Today ) that he has ‘no appetite’ for so called exchange ready HIPs (I’m working overtime on puns here!) Shapps’ office have […]
  • Building Societies to further complicate UK conveyancing process (12/20/2009) - The Building Societies Association (BSA) has developed a set of mortgage instructions for conveyancers acting on behalf of BSA members and their subsidiaries. These ‘BSA Mortgage Instructions’, available from January 2010, will further complicate the already laborious conveyancing process. Use of these instructions is voluntary for BSA members.  Those who are also members of the […]
  • The press get it wrong when it comes to exchange ready HIPs (12/17/2009) - Yesterday’s Daily Telegraph published an article entitled ‘The problem with Home Information Packs’     The content of this would lead to the assumption that the Shadow Housing Minister, Grant Shapps, will replace HIPs with exchange ready Home Information Packs.   Unfortunately, the journalist does not reveal her source for these claims at any point […]
  • Tips on buying an 'off plan' property (12/6/2009) - Buying ‘off plan’ means buying a property, usually a new build apartment, unit or townhouse, before construction is completed.  This can introduce some particular requirements for conveyancing. When buying off plan it is vital to have contract terms and conditions checked by your conveyancer or solicitor. This is to ensure that what you are purchasing […]
  • Tories state that it will take 100 days to abolish HIPs (12/4/2009) - Grant Shapps, Shadow Housing Minister, speaking yesterday at the Home Sale Network Conference, placed the property industry on notice that it would take three months to axe HIPs if the Conservatives win next year’s election. He estimated that this abolition process would take 100 days. Whilst clarity for the industry is welcome, this information may […]
  • Let’s expose poor conveyancing ! (11/30/2009) -   Performance data on schools, hospitals, the energy efficiency of fridges and the carbon output per mile of cars is readily available to consumers. Surely, some basic information on the quality and track record of conveyancers, lawyers and solicitors should also be so readily available?  Currently, provision for members of the public to trace the […]
  • Google adverts for HIPs may be breaking ASA rules (11/26/2009) - Fridaysmove have recently altered their HIP fee to £95 inclusive of VAT. This follows on from discussions with the Advertising Standards Authority (ASA) concerning breaches in HIP costs being advertised without specifying the VAT element. However, other HIP providers have not acted on this and, currently, only two out of seven HIP providers advertising on […]
  • Top tips for first time buyers – Consider the additional expenses (11/26/2009) - First-time buyers may easily overlook additional purchasing costs when considering whether a property is within their budget. It is important to take note of the following points: The stamp duty threshold currently stands at £125, 000 (the Conservatives intend to increase this threshold to £250, 000). Stamp duty is charged at 1% or more of […]
  • Conveyancing Solicitors are the cause of Constipation in the Conveyancing Process (11/22/2009) - The Law Society- the body regulating the activity of conveyancing solicitors- has admitted that buyers and sellers blame conveyancing solicitors rather than estate agents for delays in the conveyancing process. The Gazette journal, in their article entitled “Solicitors Blamed for Delays in Conveyancing Process” reveals survey information from the Office of Fair Trading indicating 20% […]
  • The commoditisation of Conveyancing and the demise of the local conveyancer (11/18/2009) - Sales and marketing director at Goldsmith Williams Conveyancing Solicitors stated last year in the article ” The conveyancing revolution is coming “: “As with car manufacturing, this process of industrialisation delivers benefits. It ensures quality standards, drives down costs and guarantees a higher standard of service for everyone. It’s easy to see local legal firms […]
  • Are Agents HIP Hypocrites ? (11/14/2009) - Within the property industry, opposition to HIPs has come most vociferously from estate agents.  I freely admit that HIPs are not the best answer to property transaction delays and the agents’ argument is a legitimate one. Articles published in ‘Estate Agency Today’ are much commented on by estate agents. In one such article, an agent […]
  • Millions to be claimed in dormant conveyancing accounts (11/14/2009) - The phrase “service charge retention “may be familiar to those of you who have bought or sold a leasehold property. It is worth considering whether this retention is sitting dormant in a law firm’s account.  I suspect that tens of millions of pounds, owed to members of the public, are being held country-wide by conveyancing solicitors. […]
  • Freeholders rejoice as Alliance & Leicester make Lease extensions “a must” (11/9/2009) - As of last Wednesday, £ signs must have been flashing before the eyes for UK freeholders. One of the UK’s largest mortgage lenders, Alliance & Leicester, announced a radical change to their requirements for lending on residential leasehold properties with short lease terms. Like many other UK lenders, they would have lent on a leasehold property […]
  • Shooting from the HIP (11/8/2009) - Any attempts by The Association of HIP Providers to mount a legal challenge to any efforts by the Conservatives to scrap or suspend HIPs, have been dismissed by Grant Shapps MP, the Conservative Shadow Housing Minister. In the estate agency magazine ‘The Negotiator’, Shapps states “Once again AHHIP is leading their members up a garden […]
  • The most popular lender in the UK ?….Mum and Dad (11/1/2009) -  Current interest rates are at an all time low. As well as causing pain for savers, there is little gain for house hunters, as major lenders are refusing to pass on interest rate cuts to purchasers. Furthermore, lenders are asking buyers to put down a significant deposit, or pay a more expensive mortgage. Nationwide, one […]
  • Estate Agents break HIP law (10/26/2009) - Are estate agents creating a ‘grey market’ by flouting the law on HIPs?   This is suggested in an article in yesterday’s Sunday Express “Estate Agents Break Law on Hated HIPs “: The article reveals that agents are routinely marketing houses without yet commencing a HIP. It quoted the NAEA as having had “numerous” complaints […]
  • Yet more Lenders cause confusion in new build conveyancing (10/26/2009) - Following my recent blog, New Build Conveyancing in Turmoil – as Lenders Make Tens of Thousands of Properties Unmortgageable, two more lenders have declared that they will no longer accept Zurich Insurance as a new build warranty. Earlier this week, Norwich and Peterborough Building Society and Astra Mortgages removed Zurich from their list of acceptable […]
  • Will Land Registry Privatisation be good for Conveyancing ? (10/26/2009) -  The Land Registry has this week announced 1500 job losses. With further talk of increasing public sector redundancies in the near future, the news that bankers are once again receiving bonuses is lamentable. Land Registry web site. Within my 15 years of experience in the conveyancing industry, I am assured that the Land Registry is […]
  • Property Ombudsman highlights increasing complaints against estate agents (10/23/2009) - Ombudsman Christopher Hamer has revealed increasing sales complaints against estate agents in recent months. The majority of these complaints relate to allegations either from sellers claiming that they have been asked to pay for a Home Information Pack when the property has not yet been sold, or from home owners who have become liable to dual […]
  • Do Not Let a Postal Strike Affect your Conveyancing (10/22/2009) - The current Royal Mail strike is a stark reminder of how even in an electronic age we are all still reliant on the post.   The press have wasted no time in pointing out that strikes could lead to genuine hardship for several people and businesses. The dispute could run on for months with the prospect […]
  • New Build Conveyancing in Turmoil – as Lenders Make Tens of Thousands of Properties Unmortgageable (10/22/2009) - A number of major of lenders’ have overreacted to Zurich announcement to exit the Home Warranty and Building Control Market. 98 of Lenders in the UK publish their requirements to conveyancers through the CML Lenders Handbook.   That handbook requires lenders to specify what building warranty policies are acceptable to them when lending on properties […]
  • Lease Extension v Collective Enfranchisement (10/22/2009) - Just to clarify the terminology here, the reference to collective enfranchisement means the ability to purchase the freehold off your landlord. I have recently read a comment by a specialist in enfranchisement and lease extensions who actively promotes the virtues of purchasing your freehold as against a lease extension : “What many people do not […]
  • Is anyone happy with HIPs? (10/21/2009) - Agents have consistently criticised HIPs, initially citing them as the cause of the downturn in the property market. Understandably, agents have seen the HIP as a potential obstacle to placing a property on the market and taking the speculative vendor out of the market. However as time has gone by agents are slowly but surely […]
  • Properties in Need of Lease Extensions on the Increase (10/21/2009) - London estate agency Douglas & Gordon were recently quoted in the Metro newspaper as having a significant proportion of properties on their books with less than 80 years to run.   According to their records up to 40 per cent of properties for sale under £500, 000 have less than 80 years  on their leases. […]
  • Rue Britannia – Britannia leads the way !! (10/21/2009) - Co-operative Financial Services, owner of the Britannia Building Society on the 5th October removed 3, 600 sole conveyancing practitioners (solicitors who do not practice in partnership) from their panel of lawyers to deal with conveyancing. The danger is that the floodgates could be about to open with a number of lenders following their lead. This […]
  • Gordon Brown may not need a HIP (10/7/2009) - Shadow housing minister  Grant Shapps has used the opportunity of  the Tory conference to once again pledge to abolish HIPs. He said: “I’ve said it before, I’ll say it again: HIPs are history under the next Conservative government. “ The Conservatives have been consistent in accusing HIPs as being symbolic of the “pointless red tape” […]
  • HIP Survey results heightens need to armour plate your PIQ (10/5/2009) - An Ipsos MORI survey commissioned by the Association of HIP Providers claim that sixty per cent of people polled find the Property Information Questionnaire useful to a buyer. This inference from this is that buyers are happy to rely on the information contained in the PIQ. The consumer survey also indicated that 75% of sellers […]
  • Planning Permissions and Planning Applications in the purchase conveyancing process (10/4/2009) - The  local authority searches contained in a Home Information Pack relates only to the property being sold, so planning permissions on neighbouring properties will not show up. If you want to find out about nearby planning applications or planning permissions you can approach the local planning office – some of them have full details online […]
  • Fridays response to the Law Society’s ‘Improving Conveyancing’ Consultation (10/1/2009) - Four or five months ago the Law Society embarked on a consultation process looking  at ways in which the conveyancing process could be improved and sought feedback from its members (property solicitors) specialising in conveyancing.   The Law Society also sought opinions on the current conveyancing process and thoughts on their skeleton proposals for improving […]
  • HIPS and ‘Attended Exchanges’ (9/29/2009) - An updated version of this article is here: Attended Exchange after Brexit Attended exchanges are making a come back, but what is an ‘attended exchange’?  An ‘attended exchange’ is where the Buyer’s solicitor ‘attends’ the Seller’s property solicitors’ offices to effect an exchange of contracts shortly after an offer being accepted by the Seller.   […]
  • How Home Information Packs can sometimes delay conveyancing (9/27/2009) - This weeks Telegraph highlights one of the reasons why is makes so much sense to have your property solicitor or conveyancer should prepare your Home Information Pack. The Jouralist Anna Tyzack in her article: How can solicitors take so long to do so little? Anna highlights her personal frustration as a home seller of the […]
  • Is the Exchange Ready HIPs going to save the HIP industry ? (9/23/2009) - One can not claim that the Conservatives have not been consistent in voicing their intention to ditch HIPs when they come to power.   Over 12 months the HIP lobbyists have been trying to protect have been looking  for a glimmer of hope that HIPs will not be abolished.   Shadow Housing Minister, Grant Shapps […]
  • HIP Today Gone Tomorrow – the Demise of Cheap HIP Providers (9/23/2009) - In the last week Promise Home Packs, one of the HIP providers highlighted in last month’s Which? report on HIP costs has ceased trading. Naturally, this has sparked a debate in the industry press as to whether or not other cheap HIP providers are going to follow suit. Fridaysmove were identified as the cheapest HIP […]
  • The Bank of Ireland to Follow Lloyds’s lead on Short Leases (9/21/2009) - In the last couple of days Bank of Ireland have updated their legal requirements to conveyancing lawyers via the CML Lenders Handbook in relation to a minimum number of terms remaining on leasehold properties. Bank of Ireland have changed their minimum term requirement from 70 years to 65 years.   This appears to be one […]
  • Commissions for Conveyancing Solicitors – Brokers are missing out. (9/21/2009) - Mortgage brokers are increasingly being encouraged to look for commissions from referrals to Conveyancing Solicitors. Brokers ‘London & European’ have warned brokers that they are throwing away potential income by not employing this practice. This opportunity is available via Conveyancing Solicitors firms nationwide. Commenting on commission opportunities for Conveyancing, London & European Christopher Taylor, CEO […]
  • Energy Performance Certificates in Home Information Packs – do the public really care? (9/17/2009) - Notwithstanding the fact that we are moving much more towards a “greener” society, as yet there is no evidence to suggest that house buyers are particular conscious about the energy performance of a house. Energy performance certificates have been a compulsory part of Home Information Packs since the Home Information Pack became a reality in […]
  • Dragon Star Conveyancing – All smoke and no fire ? (9/17/2009) - Dragon’s Den star James Caan has received a lot of press in the last 24 hours launching a multi million pound scheme for interest free loans to cover Stamp Duty and conveyancing fees for first time buyers. The Times article Dragon Den star unveils £1bn boost for housing market explains that the £1 billion scheme, […]
  • Have Solicitors’ Insurers and Lenders Got it Wrong? (9/15/2009) - In the lead up to the October deadline for solicitors’ practices to renew their insurance, as was the case last year, the press have picked up on the fact that solicitors’ practices which happen to be sole practitioners or with a small number of partners are the ones that are being penalised the most.   […]
  • Enforcement of conveyancing contracts for sale of new build properties (9/13/2009) - Since the peak of the housing boom in spring 2007, when work on many new build homes began, property prices have plummeted by about 30%, making them worth much less than the original selling price. Many banks are now reluctant to agree mortgages for such properties, meaning some prospective purchasers face losing large deposits and […]
  • DIY Conveyancing and the Conveyancing Fraud (9/12/2009) - Over the last 20 years there has been a gradual repeal of the conveyancing monopoly thus driving down conveyancing costs. It used to be the sole domain of the Property Solicitor. The introduction of the internet and freedom of information of advice means that DIY conveyancing is now more possible than ever. It would not […]
  • Will HIPs still be hip in 2010 ? (9/11/2009) - The Conservatives have been nothing but consistent in their message that they would be scrapping HIPs.   Lobbyists in favour of the HIP have during last 12 months been looking for a ray of light and clinging on to some sort of hope that HIP will not be abolished.   That ray of light has […]
  • Are all Conveyancing Solicitors the Same? (9/11/2009) - No. It is the case with other professionals, there are good, brilliant, poor and average.   Not only does the quality of your conveyancing depend on the firm but also the individual handling your case.   It is for this reason that Fridaysmove employ lawyers with significant experience and who have passed rigorous examinations before […]
  • Do I want to own my freehold ? (9/4/2009) - You may be concerned about owning a leasehold property but if you are interested in purchasing the freehold reversion for your building then do bear in mind that there are cons as well as the significant pros.   Whilst it obviously is appealing to have the destiny of your maintenance, insurance and structure of your […]
  • LVT decide that Landlord is not obliged to shop around for cheapest Building Insurance but only to “test “ for competitiveness (9/2/2009) - In the Leasehold Valuation Tribunal ( LVT ) case relating to a flat in London N11 on  3rd February 2009, the tribunal considered whether insurance premiums charged by the landlord were reasonable, even though the tenants had obtained significantly more competitive quotes – some being less than half the premiums invoiced by the landlord. No […]
  • Council to check HIPs in Birmingham (9/2/2009) - Birmingham City Council is planning to carry out a check on the contents and accuracy of HIPs in Birmingham.
  • Lenders asked by Law Society to rethink conveyancing solicitor panel cuts (8/28/2009) - Conveyancing solicitors on a mortgage lender’s approved panel normally act for the buyer and lender but the conveyancing  system can facilitate property fraud as the solicitor involved is responsible for ensuring that money reaches the right party and that a charge is registered against the relevant property. Lending mutual Co-operative Financial Services has been urged […]
  • Firm wrongly claims that HIPs delay Conveyancing (8/16/2009) - A leading conveyancing firm has recently stated that conveyancing cases are taking longer because agents are not passing over details of HIPs.   By way of justifying their logic they  refer to one case where an agent referred a conveyancing case to the firm on June 17, asking it to act for the buyer. The […]
  • Lender's decision heightens necessity for Lease Extensions (8/12/2009) - How C&G have created a need for lease extensions
  • Can you rely on the predictions in the Press regarding property prices? (8/10/2009) - The hot topic in the newspapers and in the media generally over the last few months surrounds  “predictions for the property market in 2009”. The Press seem to have no other options than to speak to the various estate agents for their predictions.   The usual suspects are all asked their thoughts.   The general […]
  • Conveyancing Case Tracking – A benefit or an admission? (8/10/2009) - Question : Is case tracking a cheap conveyancing gimmick to disguise poor communication skills I recently read an article in the Negotiator where a director of one of the leading conveyancing firms spoke about how innovative some conveyancing law firms are.   In particular, he referred to the benefits of case tracking.    Why are […]
  • Office of Fair Trading to look at Home Buying and Selling (8/10/2009) - The Office of Fair Trading (OFT) have recently announced they will be conducting a comprehensive study of the home buying and selling process.   This is to concentrate on: Competition on price and quality between service providers. The prospects of new entry by, in particular, internet property retailers. The extent to which consumer interests are […]
  • Do Estate Agents want the impossible from their preferred conveyancing lawyers ? (8/10/2009) - Approximately five years ago I met with an area  director of one of the largest estate  agency corporates in the UK, if not Europe.   I was asked to approach him because of a certain predicament.   He was exceptionally honest and said to me: “Simon, I have a problem, Head Office want me to […]
  • Is there a sting in the tail of 'No Sale No Fee' Conveyancing? (8/9/2009) - Looking for No Sale No Fee Conveyancing?  Make sure you read this first and avoid being caught in Conveyancing Solicitor traps.
  • New Common Auction Conditions published by RICS (8/6/2009) - The 3rd edition of the Common Auction Conditions (CAC) was, on 30 July 2009, published by RICS. The previous formats of the conditions have been used by conveyancing solicitors, property lawyer s and auctioneers for some years now. This 3rd version  was generated in response to the valuable feedback from  conveyancing lawyers and auctioneers during […]
  • Cheap conveyancing can cost you more than you think ! (8/5/2009) - Ambulance  chasing is not a phrase often attributed to conveyancing lawyers but it is moving that way...
  • Leasehold Reform debated in the House of Commons (8/2/2009) - Leasehold reform came under debate in the House of Commons on 26 June. The government came under attack not just from Conservative and Liberal Democrat MPs, but also from their own backbenchers. The debate was initiated by Conservative Jacqui Lait, who introduced a private member’s bill to provide additional rights for leaseholders facing large demands […]
  • Conveyancing solicitors consulted over right to enfranchise companies (7/24/2009) - The Department for Communities and Local Government (DCLG) has published a consultation, The right to enfranchise (RTE) provisions. The consultation sets out the DCLG's proposals for the non-implementation and repeal of the RTE provisions in the Commonhold and Leasehold Reform Act 2002 that require collective enfranchisement to take place through an RTE company. The consultation, […]
  • Estate Agents Beware ! Commission payable on the sale of a property may not be payable if the sale proceeds in a different way. (7/19/2009) - The rule of thumb has always assumed to be that an agent is entitled to commission on a transaction provided the agent's services were the "effective cause" of the transaction. However, this principle has suffered a body blow in the case of Estafnous v London & Leeds Business Centres Limited (2009). In this case the […]
  • HIPs and New Build Homes – Updates to the sustainability information for New Build homes (7/19/2009) - What the HIP Regulations have to say about New Build Homes not yet built at the time of marketing. The article explains the concept of Sustainability Certificates.
  • The Conservative Party put HIP Lobbyists back in their box. (7/17/2009) - As far as HIPs are concerned the  Conservative Party have clearly  nailed their colours to the mast as the Tories warn the HIP industry to back off over Home Information Packs ( HIPs ) . Grant Shapps, shadow housing minister, who has been very vociferous in his opposition to HIPs,  issued an open after PRWeek […]
  • Radon Gas – Your conveyancer can tell if your home is at risk (7/15/2009) - Radon is the second largest cause of lung cancer. This blog explains why you should ask your conveyancer to check premises are at risk.
  • Lease Extensions without going to war with your landlord (7/15/2009) - You would be forgiven for feeling baffled by the law of lease extensions as it so complex and quirky as to baffle more than a few conveyancing solicitors.
  • Congratulations in order for winners of Awards for Leasehold Enfranchisement and Lease Extensions (7/13/2009) - The Enfranchisement Awards 2009 were held at a Central London on 18th May 2009.   The Awards celebrated excellence in the UK leasehold enfranchisement and lease extensions. The Awards were sponsored by Langley Taylor ( http://www.tanfieldchambers.co.uk/Home“>http://www.tanfieldchambers.co.uk/Home">http://www.tanfieldchambers.co.u… ), Marr Johnson & Stevens LLP and Bircham Dyson Bell  (
  • Residential Developments and Estates – Always take into account your neighbours point of view (7/13/2009) - Are you intending to build an extension to your property ? If so, don’t be fooled into thinking that it is simply a matter of getting planning permission, building regulations  and finding a builder. The Heron Island case The Heron Island case now throws into the mix  the important considerations  of  what  covenants affect  property […]
  • Seller’s Property Information Form – Are you exposed ? (7/13/2009) - A recent comment in an online blog in response to the article in the Daily Telegraph about the risks associated with Property Information Questionnaire ( PIQ )  points out as follows “…. another problem when completing the Property Information Questionnaire online (as is often the case) is that there is no way of qualifying one’s answer. […]
  • Cheap Conveyancing – Pros and Cons of online conveyancing brokers. (7/12/2009) - What is an online Conveyancing broker ? Web based online Conveyancing broking companies act as introducers for specialist Conveyancing firms many of whom lack the marketing expertise to advertise their services directly.  In other words Conveyancing firms who require other companies to help them communicate with you (critics argue that they start as the mean to […]
  • Lease Extension Marriage Value and the 80 year itch (7/10/2009) - It is somewhat of a paradox that if you have more than 80 years remaining on your lease you are unlikely to feel the need for a lease extension. Indeed may lenders and conveyancing solicitors alike are happy with leases of 70 years plus.    That being said the best time for lease extension from […]
  • Top Conveyancing Tips – Access in between exchange and completion (7/9/2009) - How to get access to a property before completion.
  • Commonhold will simply not take hold! (7/9/2009) - In the last few days Alliance and Leicester have just announced that they will no longer be prepared to lend on commonhold title. This represents yet another body blow to this form of title that has simply not been accepted let alone promoted by developers, lenders and conveyancing lawyers alike .   Commonhold as a […]
  • Conveyancing fees – How to get the best Conveyancing deal. (7/9/2009) - It is possible to save hundreds, if not thousands, of pounds on the average conveyancing cost of buying and selling your home. However, you do have to know the right questions to ask, or your initial cheap quote could turn into a thumping big bill.   Compared with the fees charged by estate agents, conveyancing charges […]
  • Who needs a lease extension ? (7/9/2009) - Can you just leave things as they are? You can if you wish, but they will invariably get worse. The shorter a lease term becomes, the more costly it is to rectify the problem later with a lease extension . We have heard of examples of lease extension costs at least doubling within a few […]
  • Conveyancing process reviewed by Law Society (7/8/2009) - Conveyancing process consultation announced.
  • Conveyancing Expertise – Notice to Complete for failed completions (7/6/2009) - The case of a Northstar Land Ltd v Brooks [2006] is a leading conveyancing case dealing with Notice to Complete. In the mid-afternoon of the day fixed for the completion of the sale of land the purchaser's conveyancing solicitor asked the vendors' conveyancing solicitor on the telephone whether time for completion could be extended for […]
  • Conveyancing Advice – Adverse Possession and Squatters' Rights (7/6/2009) - Whether you are a conveyancing lawyer, conveyancing solicitor or layperson, everyone knows about squatters' rights. Twelve years of adverse possession and possessory title is acquired  – but, if legal title to the land is registered. This no longer the case. One of the foundations of English and Welsh land law has been disbanded and now […]
  • Lease Extensions – Vesting Order Case Law (7/5/2009) - The most common dispute in both collective enfranchisement claims and lease extension claims pursuant to the Leasehold Reform, Housing and Urban Development Act 1993 is the dispute over the premium to be paid. There is also, however, often some confusion about when all the terms of acquisition are agreed, and therefore when the statutory timetable […]
  • Conveyancing Advice – Boundary Disputes and Conveyancing (7/5/2009) - Top conveyancing advice relating to boundary disputes and how you should prepare for your conveyancing transaction
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