House prices continue to rise according to ONS
House prices have continued their rise into October according to statistics released today. According to the Office for Natinoal Statistics (ONS) UK house prices rose 7% in the year to October, compared with 6.1% in the year to September. The seasonally adjusted monthly rise was 0.8% from September to October. According to the ONS, release […]
Mortgage lending up 8% in October
The number of loans taken out for house purchase rose 8% compared with October 2014. The number of first time buyers taking out loans also rose with an 8% rise month to month, or 3% year on year, according to information released by the Council for Mortgage Lenders (CML). In total £7.1 billion was borrowed […]
Electronic identity checks can safeguard the conveyancing industry from fraudsters
The news of a young woman being duped into handing over £1.35 million to a person purporting to be the legal owner of the property was reported in the Daily Mail last week. It serves as another stark reminder of the risk of fraud in the conveyancing sector. Maud Rousseau, Group Marketing and Communications Director […]