Government urged to drop anti-strikes legislation by unions

The Government is being urged to abandon its anti-strikes legislation following a series of defeats in the House of Lords last month. The Strikes (Minimum Service Levels) Bill will have its third reading in the Lords today (Tuesday 9 May 2023), following a coalition of Labour, Liberal Democrat and cross-bench peers and bishops blocking controversial […]

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Further signs that the housing market is in recovery

Property portal Zoopla has suggested the housing market has continued to recover in the first few months of 2023 as buyer demand reached its highest level of the year after Easter. Buyer demand for homes remains 14% higher than 2019, however, it is 42% lower than levels seen this time last year. With 66% more […]

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One in four plan to invest in property to generate income for retirement

According to reports, as many as one in four Brits (25%) plan to invest in property to generate income for their retirement. While inflation stands at the highest it’s ever been, an increasing number of people, especially those of retirement age, have looked at investing in property to eradicate concerns about the effect inflation will […]

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Rishi Sunak ‘considers cutting inheritance tax’

According to recent reports, Rishi Sunak is considering an inheritance tax cut ahead of the next general election. Recent figures from HM Revenue & Customs revealed that inheritance tax (IHT) receipts are £0.9 billion higher than in the same period a year earlier. By not seeking specialist advice on inheritance tax, you may miss out on […]

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Common LPA misconceptions clarified

When making a will, a solicitor will likely recommend that you make a Lasting Power of Attorney (LPA). For us, it’s a given, but it’s often surprising how many people either don’t know what an LPA is, or haven’t given any thought about having one. An LPA is a legal document which allows you to […]

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A step in the right direction to bring fully digital property transactions

A new digital synchronised settlement prototype designed to “bring fully digital property transactions a step closer” has been revealed. A collaboration between the Bank of England (BoE), HM Land Registry (HMLR), Bank of International Settlements, and Coadjute, the brand new concept will pave the way in reshaping how property payments are conducted, benefiting consumers, businesses, […]

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Upwards trend in take-up of LPAs continues

Figures released by the Ministry of Justice have revealed that the take-up of lasting powers of attorney (LPAs) has continued to increase throughout 2022. Specifically: 771,822 LPAs were registered in 2022, up 9% compared to the previous year; There was a slight decrease in EPAs, down 13% to 5,919; In total, there were 777,741 Powers […]

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NHS spends £1m a week on failed legal battles with the bereaved

The NHS spent £64m fighting successful claims for damages from bereaved families last year, according to new analysis by The Times. A record £160m was paid out for failures resulting in death, including after equipment malfunction, bacterial infection and medication errors, meaning at least 40% of the money given to bereaved families of the victims […]

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Beware of heightened fraud risk in property market

A recent article in Today’s Conveyancer warns conveyancers and home movers about the increased risk of “Friday afternoon fraud” after data from UK Finance showed £22.5 million of bank transfer losses via the inter-bank Chaps system. According to the article, the National Association of Property Buyers (NAPB) warns an estimated 12.5m personal email account details […]

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A first-time buyer’s conveyancing guide: how to secure your happy place

The cost-of-living crisis has caused widespread financial woe for millions of households and prospective homeowners alike. However, with more homes coming to market and falling house prices, more and more first-time buyers are on the lookout for their first home. So much so, that first-time buyers now make up 53% of overall property sales in […]

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