Month: August 2010


Less than 1m mortgage sold in 2009/10.

The Financial Services Authority (FSA) this week released its product services data (PSD) report for regulated mortgage contracts, for the period between April 2009 and March 2010. There was a substantial decline in mortgage sales from 2008/09 when there were 1.2m sales with value of £171bn to 0.93m mortgage sales with a total value of […]Read More


Bovis Homes releases its interim statement

Bovis Homes this week released a positive interim report, with statements that profits are up and cash flow performance is strong. Developers were hit hard by the downturn in the economy but despite subdued forecasts from some areas of the industry, Bovis has performed above expections so far for 2010. Bovis announced a total of […]Read More


CML forecasts a slow market for the rest of 2010

The CML released a downbeat market forecast this morning, reflecting buyer concern about a possible future hike in interest rates and weak consumer spending. However it’s not all doom and gloom; the good news is that the economy has grown sharply in the second quarter of this year – the largest quarterly increase in four […]Read More


Stopping same day exchange and completions

Kirstie Allsopp the well known TV presenter and supporter of Grant Shapps policy to abandon HIPS has vowed to "do something if it kills me " about same day exchange and completions. Whilst there will always be detractors that would relish the thought of a failure to do something we hope that this may bring […]Read More


Staff Fraud – have you thought about the risk?

As conveyancers we are all very aware of the threats associated with clients, from money laundering, to husbands ripping off wives through to the issues associated with complaints. You name the external risk and conveyancers have generally thought about it.  We put a tremendous amount of effort into trying to minimise these issues. As an […]Read More