Property


Exclusive: PE-backed conveyancer puts acquisitions on hold

13 September 2022

One of the country’s largest conveyancing firms, O’Neill Patient, has “changed direction” and put acquisitions on hold in the wake of the pandemic and conveyancing boom.


First fully automated matter heralds new approach to remortgage work

12 September 2022

The first ever automated remortgage has been completed by a new system that also picks out those remortgage matters that require legal advice.


PEXA makes statement by buying property law firm Optima from Capita

9 September 2022

Property Exchange Australia (PEXA), which processes 80% of conveyancing completions in Australia, is to acquire specialist property law firm Optima Legal from listed company Capita.


Up to 70% of land register updates to be automated by 2025

1 September 2022

Up to seven out of ten updates to the land register will be automated by March 2025, HM Land Registry has predicted, as it pledged to promote “a secure and inclusive digital system of conveyancing”.


Biggest conveyancing firms grab market share as ‘dabblers’ start to exit

25 August 2022

The number of active conveyancing firms has begun to shrink again after last year’s boom, with the biggest practices increasing their market share, new research has found.


Conveyancers “have duty to advise clients on climate risk” to properties

10 August 2022

There is a “growing body of opinion” that conveyancers have a duty of care to advise clients on the risks climate change represents to property, it was claimed today.


New conveyancing ABS using chatbot to cut transaction times

5 August 2022

A conveyancing alternative business structure launched last month aims to cut transaction times by at least a month, using a chatbot to help clients complete a seller’s pack.


CMA orders break-up of property search giant

5 August 2022

The merger of two of the four big property search providers “substantially lessens competition”, the Competition and Markets Authority has decided, ordering Dye & Durham to sell TM Group.


Handy new checklist for lease extensions (surrender and regrants)

28 July 2022

At-a-glance guide for conveyancers to help with lease extension applications where the existing lease is being surrendered and a new lease granted


Estate agents need “more respect” from conveyancers

22 July 2022

Nearly four in ten estate agents (39%) believe that greater “mutual respect” would most improve their relationship with conveyancers, but lawyers would prefer to see a focus on better collaboration.

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