The conveyancing industry has been put through its paces in the last few years and subjected to a multitude of changes. This uncertainty shows in last years’ conveyancing and mortgage data. There is now an increased level of political certainty, however, the Brexit question still looms on the horizon and so the hoped for ‘Boris Bounce’ may be a bumpy one.
Blockchain technology can provide significant opportunities for both consumers and legal service providers to improve processes within the legal sector.
Technology is of vital importance to enable law firm growth with in increasing emphasis put on cyber crime prevention and security.
The government has updated their buying and selling guides to include information on referral fees to make the process more transparent for consumers.
There were 100000 fewer conveyancing transactions in the first 9 months of 2019 compared with 2016, almost certainly due to Brexit and political uncertainty
Coadjute, a network for decentralised workflow and data sharing within the property industry, have agreed a project to develop new mortgage and home buying technology with a consortium of leading property software providers and banks including Redbrick Solutions.
Technology plays an increasingly important part of the home buying and selling process. The majority of home buyers now use online property portals to find properties and most are using similar technology to make the buying process more safe and efficient.
The number of conveyancing firms in England and Wales has dropped below 4,000, with the top 1,000 conveyancers controlling more than 3/4 of the market.
Updated CQS Core Practice Management Standards (CPMS) have come into force from 1st May 2019 to which all accredited Conveyancing Quality Scheme (CQS) firms must adhere to.
Redbrick Solutions have announced this week that the latest version of their award winning practice management solution has been released.