Autumn Statement: Full reaction
George Osborne’s Autumn Statement, in which he announced his intention to build 400,000 new homes, was given a qualified welcome, with many professions from builders to estate agents to surveyors expressing doubts that it could be accomplished. The more surprising move was the previously unannounced move to add 3% on top of existing stamp duty […]
Update to CML Handbook
The Council of Mortgage Lenders (CML) have amended their handbook to liberate conveyancers from specific lending insurance requirements. The new guidance in regard to building insurance states conveyancers must “make reasonable enquiries to satisfy themselves that buildings insurance has been arranged for the property from no later than completion” which could mean simply asking the […]
Land Registry reports mixed growth in house prices
Land Registry reports total increase in prices of 5.6% on twelve months ago with the North East seeing strongest month-to-month growth. The price of an average property in Greater London has passed half a million pounds. The average price of a property in England and Wales is now £186,350 The average price for a property […]
Speak now, or forever hold your peace (Conveyancer Slater – Tweet of the Week)
Are there any conveyancing solicitors that are not useless arseholes out there at all? — jeff mace (@jeffmace1980) November 24, 2015
FTB numbers dip in face of smaller deposit costs and cheaper mortgages
October sees 28,100 first-time buyer (FTB) completions – a fall of 8.5% on a three-month basis Comes despite home-ownership costs levelling off, as the average deposit falls 2.1% over three months Over the same period, the average mortgage rate continues to fall while the average LTV climbs However, rising purchase prices may be discouraging FTBs, […]
Searches UK donate eight tickets for children to attend a Circus Starr Show
Searches UK are delighted to again support Circus Starr, an independently funded charity which supports disadvantaged and disabled children across the country. For a number of years Searches UK have supported this worthy charity and have again donated 8 tickets for children to attend their Winter Tour. Andrew Stenning, Managing Director, at Searches UK said: […]