The City’s top international firms appear to be riding high on sterling’s decline against the dollar, according to a clutch of annual results announced last week. However performance is mixed when fully adjusted for currency fluctuations – with several firms reporting profit growth lagging turnover. Magic circle firm Clifford Chance and international firms Clyde &
Recent research has indicated that the number of large deposit borrowers is falling. According to e.surv, the lowest ratio of 2017 was observed in May, with large deposit borrowers taking out just 33.9% of loans. This level is significantly below January’s portion of 35.4%. Although buyers with large deposits are declining, this doesn’t mean
Napoleon I, must be spinning in his grave. One of his key legacies, the civil justice system designed by his deputy Jean Jacques Régis de Cambacérès, which today underpins most continental jurisdictions, has been snubbed by the latest government of the French Republic. Speaking in New York last month, president Macron’s finance minister announced that
Recent research has shown that house price growth has reduced to 2.6% in the last three months until June. Data from the Halifax indicated that April to June was 0.1% lower than the three months prior – the first time this has happened since November 2012. Despite the dip, prices in the three months to
National news coverage continues, as consumers still at great risk of fraud – even if they aren’t involved in a property transaction. On today’s (9th May 2017) Rip Off Britain, the team uncover the shocking truths surrounding identity fraud. They specifically look into the case covered by Today’s Conveyancer regarding Mr Minh To. This case
Homebuyers budgetary expectations are falling short of the amount they will actually spend when moving home. New research by Post Office Money indicates that on average, additional moving home costs will total £9,472, but buyers will typically have budgeted around £7,643. Including the conveyancing and estate agency fees, these ‘additional costs’ have grown by a
Being able to purchase a home has been ranked as one of the top three most pressing consumer concerns by the younger generation. According to analysis from Which?, almost half of the 18 – 43-year-olds asked (49%) would place buying a home in their top three consumer concerns, ahead of social care for the older
A High Court case in which an ex-wife has been awarded one of the biggest ever divorce settlements in the UK does nothing more than reaffirm the high bar that has to be met to justify assets not being split equally, a family lawyer has said. Mr Justice Haddon-Cave, in AAZ v BBZ, C Ltd
New light has been shed on the extent of malpractice within the leasehold property market. A recently released report from Home Owners Alliance aims to provide greater clarity on the scale of the leasehold property market, as well as highlight the lack of consumer understanding and widespread malpractice within the market. Entitled ‘Homes Held Hostage’,
The Housing Price Index has been published today (11/04/17). Replacing the separately published house price indices from HM Land Registry and Office for National Statistics, the UK Housing Price Index provides a detailed summary of the recent house price statistics. Introduced in 2016, the UK HPI comprises of all residential properties bought for market value