Agents’ basic salaries and OTE show big rises (EAT)
Research presented exclusively in Estate Agent Today shows that over the past six years basic salaries for most agents have risen by 10 to 25 per cent, with OTE payments […]
Osborne and Carney get tough on house prices (EAT)
Chancellor George Osborne is giving the Bank of England the power to control the size of mortgages and Bank governor Mark Carney has hinted that an interest rate rise could […]
Lending curbs ‘could kill off first-time buyers’ (PIE)
Chancellor George Osborne last night handed the Bank of England new powers to curb mortgage lending. Specifically, it will be able to cap the size of mortgage loans in relation […]
Don’t be caught out by new cooling-off regime (PIE)
With the cooling-off rules changing, there continues to be concern that many agents will be caught unawares by the full implications of the new regime.
Rob Hailstone of the Bold Legal Group Calls on the SRA to Extend Consultation Deadlines (IC)
On the 7th May the SRA launched four consultations that will have far reaching affects for Law firms both large and small. Yet it only allowed a six week period […]
SRA takes too long to approve applications, ABSs say (LF)
Firms applying for alternative business structure (ABS) status believe the Solicitors Regulation Authority (SRA) takes too long to approve applications and its staff are too “bureaucratic”, according to the regulator’s […]
ABSs capture a third of personal injury market, SRA research reveals (LF)
Alternative business structures (ABSs) account for a third of all turnover in the personal injury market, the first accurate overview of the progress of ABSs has revealed.
The collapse of In-Deed should give hope to conveyancers (LF)
It came as a major surprise to many in the industry when In-Deed effectively closed for business. Despite a difficult trading period, with over £1m in cash on its balance […]
I took this job to change legal services market, says new LSB chair (LF)
Sir Michael Pitt, the new chairman of the Legal Services Board, has said he took the job to “help change the legal services market”.
SRA confirms another month of falling firm numbers (LSG)
The number of solicitor firms has fallen by almost 800 in the past two years, new figures have revealed.
Agents that are charging buyers, rather than sellers, criticised (PIE)
Industry trainer Adam Walker and Winkworth director Hugh Dunsmore-Hardy – a former chief executive of the NAEA – have both said it is totally unacceptable.
When did lawyers become less reputable than insurers? (LSG)
The government has announced that lawyers and claims firms are to be banned from offering incentives such as free tablet computers to encourage people to make insurance claims.