Letting agents pessimistic over Buy to Let changes
Four in ten letting agents are predicting rental stock supply will fall over the next five years – the highest propertion of agents to predict so this year, according to the Association of Residential Letting Agents (ARLA). According to the report fewer agents are reporting rent increases, 23% for November, the lowest proportion this year, […]
Residential transactions drop 5.7% but strong end-of-year continues
Residential property transactions have dropped 5.7% month-to-month according to the latest information published by HMRC. The provisional seasonally adjusted UK property transaction count for November 2015 was 101,960 residential and 8,970 non-residential transactions. The seasonally adjusted estimate of the number of residential property transactions decreased by 5.7% between October 2015 and November 2015. However this […]
Marsh & Parsons's Peter Rollings predicts a "flood" of home buyers ahead of rates rise
Peter Rollings, CEO at London-based estate agents Marsh & Parsons, is predicting a “flood” of home buyers in the New Year ahead of an increase in interest rates. Bank of England Governor, Mark Carney, had hinted that UK interest rates could rise in the first quarter of the year however that expected rise from its […]
Land Registry to change dispute resolutions process from January
Land Registry have announced measures to end “long running, unresolved disputes.” They now say any unresolved dispute between an applicant and objector must be passed to a First-tier Tribunal after six months if an agreement can’t be reached. The new policy will come into force from the beginning of 2016. The announcement reads: “From January […]
SearchFlow launches the most comprehensive mapping system with land registry’s latest dataset
Conveyancing search provider, SearchFlow has upgraded its online mapping system and ordering platform to incorporate Land Registry’s latest release of boundary data on freehold and leasehold properties. The latest datasets on property boundaries are being phased into SearchFlow’s auto mapping service, following the Land Registry releasing its national polygon datasets showing the boundaries of 14 […]
