First-time buyer demand stabilising
October sees 26,500 first-time buyer completions — up 1% compared to 26,300 a year ago Average first-time buyer purchase price climbs 4.1% year-on-year to £152,684 in October Lack of understanding over new regulation: Four in ten buyers think LTI caps mean it is now more difficult to get a mortgage than six months ago The […]
Conveyancer Slater – Tweet of the Week
Hello, I’m a conveyancer. I’m going to take 25 days to somehow not do what took you five minutes to sort out on the phone. #easymoney – M Wüstefeld-Gray (@ACheerfulFairy) November 24, 2014
Beware of bank details scam
The Solicitors Regulation Authority (SRA) are warning firms to be wary of scammers tricking them into disclosing bank security information over the telephone. Four firms have been targeted this way recently, and collectively have had £2 million taken from their accounts. The scammers gain the confidence of those they call – known as social engineering […]
CML Handbook changes – what to expect
Conveyancing lawyers should note that the Council of Mortgage Lenders (CML) have made some important amendments to their Handbook, which come into force on 1st December 2014. From that date, conveyancers should give their certificate of title based on those revised instructions. You can see a summary of the changes here (http://www.cml.org.uk/cml/handbook). A number of […]
Knotweed
In 19th century Britain Japanese knotweed was introduced as an ornamental plant from Asia, however, due to a lack of natural predators in our environment, it didn’t take long for the knotweed to escape from Victorian gardens and begin its destruction through the UK. Knotweed grows at a rate of up to a metre a […]
