CML figures show lending at long-term high
It is estimated that May 2013 saw the highest level of gross mortgage lending since October 2008. The latest figures from the Council of Mortgage Lenders estimate that total gross mortgage lending in May increased 21% from April to £14.7 billion. This figure is up 17% from the total of £12.6 billion in May 2012. […]
HMRC figures show transactions on the increase
The latest HMRC Property Transaction Statistics show that the seasonally adjusted estimate of the number of residential property transactions increased by 6% between April 2013 and May 2013 to 83,740 residential transactions. This represents an increase of 9% from the same period last year. Over the last 18 months transactions have been fairly flat with […]
Land Registry e-DRS system enhanced
The Land Registry has made enhancements to their electronic Document Registration Service (e-DRS). Business customers who are signed up to e-DRS can now submit electronic applications that contain a plan including: Deeds of Grant, Agreed notices (AN1) and cancellations (CN1), Unilateral notices (UN1) and removals (UN2) or cancellations (UN4), Restrictions (RX1) and withdrawals (RX4) or […]