Remortgage Lending Rises 33% in Jan 2014 from Jan 2013
In Jan 2014 remortgage lending rose to £4.27 bn, up 33% on the same month last year. Source LMS Remortgage report Gross mortgage lending was an estimated £15.5 billion in January, according to the Council of Mortgage Lenders. This is down 8% compared to the gross lending total of December 2013; however, it is a […]
Increase in First Time Buyers
There is a current swelling wave of lending, first time buyers who are looking to get on the property ladder will need to catch this swelling wave of lending- mortgages are currently more available than a year ago but with a limited supply of homes available rising house prices could counterweight the excitement of cheaper […]
Comment: ‘Pay as you Trade’ Provides Reassurance for Landlords with Tenants in Administration.
A landmark ruling from the Court of Appeal involving the now insolvent retailer, GAME, has restored the balance between landlords and insolvent tenants. The Court has ruled that when a tenant is in administration, the rent payable for the premises they are continuing to occupy should count as an administration expense. Landlords (following the […]
PSG sponsor the first SLC Road Show for 2014
Market leading conveyancing search provider PSG, will once again support the Society of Licensed Conveyancers (SLC) as sponsors of the first in the 2014 series of national Road Shows. The event, which is to be held on March 8th in Brentwood, will run from 10am until 2pm and will carry 4 CPD points. Topics covered […]
