Steve Ray comments on the professional indemnity insurance market
Steve is a Director of Howden Windsor, the Professional Indemnity Division of Howden Insurance Brokers. He has been at Howden Windsor for six years having formerly been a partner at well known risk management practice McCavitt Ray & Co. What do you think will happen to the insurance market for Solicitor’s practices over the next […]
Online lawyer search website launches
We announced last August that an online search tool MrLawyer.co.uk would be coming to market. The site has now launched in the London area and will roll out across the UK in the next few months. Lawyers are able to register for no charge to the site which will launch to consumers in April 2013. […]
Strong January for valuations market
January saw the fourth consecutive month of annual growth in valuation activity, according to the latest Housing Market Activity Report by Connells Survey & Valuation. The number of residential valuations conducted by Connells in January was up 16% from December and 39% from the same period last year. John Bagshaw, corporate services director, Connells Survey […]
Annual increases in house values and sales
House values have increased by an average of £7,000 in the last year whilst overall sales are also up 8%. According to the latest report from LSL Property Services Ltd. January’s figures are better than expected. David Brown, commercial director of LSL Property Services, said: “Market conditions are certainly improving. “Funding is cheaper, thanks to […]
Home ownership continues to fall
In bad news for the conveyancing market, the level of homeownership has fallen to its lowest level since 1987. The news comes despite some recent improvement recent signs of improvement to the mortgage market, following the introduction of the Government’s Funding for Lending scheme last August as well as a number of lenders dropping their […]
Lenders offering record low rate loans
A number of lenders have started to offer record low rates for a two-year fixed-rate loan, with many providers offering rates of 1.99pc. Borrowers with a 40pc deposit can pay £995 for a two-year fixed-rate deal at 1.99pc, from Yorkshire, Norwich & Peterborough and Chelsea building societies. HSBC has gone even further by cutting its […]
Number of house hunters picks up
The average number of house hunters registered per estate agent branch increased to 282 in December from 263 in November. The National Association of Estate Agents (NAEA) housing market report for December showed that despite the increase house hunters the number of first time buyers fell from 22% to 21%. The number of properties available […]