Mortgage hurdles too high says latest Rightmove First Time Buyer Report
Ahead of the Government’s summit into first-time buyer lending on Tuesday, Rightmove’s first 2011 First Time Buyer Report has found that first time buyer levels have now dropped below 1 in 4 of all UK purchasers citing mortgage lending as being too high a hurdle. The proportion of first time buyers set to enter the […]
Selling a Leasehold property – what should you be aware of?
As we all know purchasing a Leasehold property is not always as straightforward as purchasing a Freehold property. Susan Robinson of Optima Legal has written a note on the particular issues and problems surrounding Leasehold properties, aimed at mortgagees in possession but these issues have as much relevance to any purchaser intending to acquire a […]
Barclays takes action over alleged mortgage fraud
Barclays, together with its international private banking arm are reportedly seeking £12 million in damages from mortgage broker Savills Private Finance (SPF), chartered surveyors Stocker and Roberts Partnership and law firm O’Sullivan Law Solicitors in relation to a number of mortgages which were sold between 2006 and 2007. A hearing was reportedly held on the […]