Google: 2m legal searches made every day in UK (LF)

Two million online searches on legal subjects are made every day in the UK, according to a senior Google executive, who went on to advise lawyers that their future clients would increasingly be reached through video and mobile technology.

Temporary consumer credit regime to be extended to 2015 (LF)

The Solicitors Regulation Authority (SRA) and Financial Conduct Authority have agreed that transitional arrangements for firms wanting to carry out consumer credit activities will be extended by a further six months, from 30 September 2014 to 1 April 2015.

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 showing much greater rises, typically from 20 to 80 per cent.

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 come sooner than expected – perhaps even later this year.

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 to incomes. The power will come into play by the end of this Parliament, and was announced...

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 own research.

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 sheet the company appeared in better health than many conveyancing practices.

Supreme Court ‘village green’ ruling (LSG)

A field in Whitby, North Yorkshire, cannot be registered as a ‘town or village green’ despite the fact that its owner, Scarborough Borough Council, has allowed its informal use for playing football and walking dogs for more than 20 years.