Conveyancing Foundation reaches £400k fundraising target

Published on

The Conveyancing Charity Foundation has now seen conveyancing firms raise over £400,000 since its launch.

The Foundation was established to assist conveyancing lawyers in generating funds for their chosen charities. It has helped firms raise this money through its Free Legal Fee Charity Competition whereby clients pay £10 at the end of their property transaction and are entered into a monthly prize draw; the winner of which receives a £500 contribution to assist with the payment of their legal fees.

The cost of entering the competition is £1, with a £9 charity donation that, on attracting 25% Gift Aid, means every competition entry raises £11.25 for the firm’s chosen charity.

The latest firm to pledge its support and to introduce the competition into its practice is Northern Ireland-based law firm, Wilson Nesbitt. It has offices in both Belfast and Bangor in Northern Ireland and provides professional legal services to business and private individuals across a range of legal issues.

The Foundation is keen to stress that each individual conveyancing firm chooses the charity it wants to support. For example, Newport-based Convey Law is supporting Children with Cancer UK in 2016 and has raised £35,000 through the competition and other charity projects since September. It is looking to raise £50,000 by Christmas.

In September, the Conveyancing Foundation Chairman, Lloyd Davies, together with colleagues, Geraint Aubrey and Rory Brown from Convey Law, took part in the Three Peaks Challenge –  climbing the three highest mountains in the UK in aid of Children with Cancer UK campaign.

To donate specifically to Convey Law’s Children with Cancer UK appeal, please visit the following link: http://uk.virginmoneygiving.com/conveyancing.foundation

Davies said: “We’re very pleased to be able to announce a significant milestone for the Foundation having helped conveyancing firms raise over £400k for various charities since we launched the Free Legal Fee competition. It’s always been important to us that firms were able to choose their own charity to benefit from the competition and to see Foundation firms achieving this amount provides a real boost to all of us.

“My own firm has been raising money via the competition, and other fund-raisers, for Children with Cancer UK and our success in this area can be easily replicated by others simply by joining the Foundation and introducing the competition option for all clients. We’re looking to raise £50,000 by Christmas and I’m sure that other firms will be able to secure similar amounts for their chosen charities with the help of the Foundation.

“We hope to have further good news to announce in the lead up to Christmas and, in the meantime, we would like to urge other conveyancing firms to introduce the Fee Competition into their businesses.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...

The Leeds reports £104m profit amid robust lending and savings growth

Leeds Building Society has reported a profit before tax of £104.4 million for the...

Annual house price growth picks up as affordability improves

The UK housing market showed renewed resilience in July, with house prices rising by...

Latest publication

Latest opinions

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Navigating HMO and MUFB complexity with confidence

Historically, larger Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs) have often...

Other news

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...