The latest research by Lyons Bowe has found that 42% of recent homebuyers say conveyancing is the biggest barrier to a smooth property transaction, compared with just 19% who point to property chains.
The survey of 1,000 recent homebuyers* examined which aspects of the transaction process had presented the biggest barriers to a smooth journey, as well as what could have improved the...
Buying your first home can be exciting, but it can also be scary. After years of saving up, searching, and finally checking out a home that you will probably have for the rest of your life, you can feel a sigh of relief as the process is almost complete. However, one of the pitfalls that many new homeowners fall into is the legal liabilities and checks that you should make before and after...
Record delays and failed transactions for homebuyers mean the UK property industry must evolve or lose out to other jurisdictions, according to the founder of a new firm established to overhaul the conveyancing process.
Sharpwell Property Law , launched by veteran London property lawyer and investor Tatiana Sharposhnikova, has been set up in response to a growing "crisis" in the...
The latest market analysis from House Buyer Bureau has revealed that home sellers in some parts of the country are facing Local Authority search waiting times of more than 90 days, with growing legal bottlenecks increasingly putting transactions at risk before they reach the finish line.
House Buyer Bureau analysed the latest Local Authority search turnaround time data, looking at...
The fast approaching end of the SDLT holiday in March means that residential property lawyers are under even more pressure to complete purchases quickly.
They will be pleased to hear that major lenders Skipton Building Society and NatWest will now accept Search Insurance in place of Local Authority Searches. NatWest will temporarily accept Search Insurance for new purchases and...
