Latest News & Stories

Mortgage Rates Fall Further as HSBC, Landbay, and Coventry Announce New Cuts

6 May 2025

Mortgage rates are continuing to trend downward, with HSBC UK, Landbay, and Coventry for Intermediaries all announcing fresh cuts across their product ranges today—some of them substantial. ...

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Glenigan Reports Springtime Surge in Housebuilding as Sector Confidence Grows

6 May 2025

The UK construction industry saw a timely boost in activity over the three months to April, with housebuilding leading the charge, according to the latest Glenigan Construction Index. Residenti...

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CCC: One in Four UK Properties at Risk of Flooding by 2050, Ahead of Law Society’s Climate Risk Guidance

6 May 2025

In its latest progress report, the Climate Change Committee (CCC) warns that the UK is underprepared for the climate-related risks threatening its housing stock, calling national efforts "inad...

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Kate Faulkner OBE: Could Trump’s Tariff Policies Influence UK Mortgage Rates?

6 May 2025

As Trump’s renewed trade war causes volatility in global financial markets, it’s increasingly likely that these disruptions will spill over into both international and UK economic condi...

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How Lenders, Networks, and Clubs Are Empowering Brokers to Succeed – MFG RFS

29 April 2025

In recent years, the relationship between lenders and brokers has evolved beyond transactional interactions, with lenders now offering more comprehensive forms of support. Similarly, networks h...

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TSB and Gen H Announce Fresh Mortgage Rate Cuts

29 April 2025

TSB has introduced rate reductions of up to 0.20% across its residential, product transfer, and additional borrowing offerings. For first-time buyers and home movers, the lender’s two-yea...

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National Firm Irwin Mitchell Promotes 14 Female Lawyers to Partner Roles

28 April 2025

Irwin Mitchell has promoted 14 of its lawyers to partner positions — with all the promotions awarded to women. The appointments cover a range of practice areas including employment, publi...

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Changes to AML Guidance Ratified by Treasury

28 April 2025

Revisions to anti-money laundering (AML) guidance submitted to HM Treasury have now been formally approved and incorporated into the latest edition of the Legal Sector Affinity Group (LSAG) Anti-Mo...

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Reminder - Purpose Codes Mandatory from 1st May 2025

28 April 2025

Conveyancers are reminded that the requirement to include ‘purpose codes’ for property transactions, as mandated by the Bank of England (BoE), will officially come into force this week....

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Manchester and Yorkshire Law Firms Unveil First Acquisitions of the Year

23 April 2025

Expanding legal practices on both sides of the Pennines have announced their first acquisitions for the year, marking continued strategic growth. Manchester-based Top 100 firm Express Solicitor...

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3,300 New Recruits Help HM Land Registry Cut Backlog to Under 12 Months

23 April 2025

The Minister of State for Housing, Communities and Local Government has reaffirmed HM Land Registry’s focus on reducing processing times, stating that the recruitment of 3,300 additional staf...

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Women Lead Partner Promotions at Eversheds Sutherland, Taylor Wessing and Leigh Day

14 April 2025

A majority of new partner appointments at three major law firms are women. Eversheds Sutherland has elevated 23 lawyers to partner roles across its offices in the UK, Europe, the Middle East, a...

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Increased Funding for Conveyancing Apprenticeships Sparks Surge in Interest

14 April 2025

Government enhancements to apprenticeship programme funding are providing a significant boost to firms aiming to nurture internal talent, with training providers reporting a notable rise in applica...

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Affordability Still a Major Obstacle for First-Time Buyers, Says Rightmove Report

11 April 2025

A new report from property website Rightmove reveals that affordability remains a key challenge for first-time buyers, with average monthly mortgage repayments increasing by £359 over the pas...

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Mortgage Rates Continue to Fall as Mutual Lenders Lead the Charge

11 April 2025

Mortgage rates saw another round of cuts this week, with mutual lenders leading the charge. Moneyfacts data shows that, in the week leading up to 11 April, the average rate for two-year fixed r...

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UK House Price Rises Nearly 5% in January

4 April 2025

Average UK house prices saw a 4.9% increase over the 12 months to January 2025, reaching £269,000. This marks a rise from the 4.6% annual growth recorded in the 12 months to December 2024. ...

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Over 50% of Conveyancers Confident in Market Stability

2 April 2025

Over half of conveyancers (55%) express their confidence in the current stability of the property market, while a third remain neutral, and 12% are lacking confidence, according to initial findings...

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