Solicitor struck off after failing to pay nearly £5 million into client accounts
A solicitor has been struck off after receiving nearly £5 million from an investment fund in “improper” circumstances and failing to pay it into client accounts as part of “multiple findings of dishonesty”. The funds related to conveyancing transactions, personal injury cases and industrial hearing cases amongst others. Richard Anthony Barnett of Barnetts Solicitors was […]
Mortgage approvals steady into November
Lending for house purchase remained steady into November with the number of approvals 3% above the average over the last six months. According to the Bank of England, the number of loan approvals for house purchase was 70,410 in November, compared to the average of 68,428 over the previous six months. The number of approvals […]
Landlords to mount legal challenge over Buy to Let tax changes
Two Buy to Let landlords have raised more than £50,000 in a bid to hold a judicial review over Buy to Let tax changes. Private Landlords Chris Cooper and Steve Bolton launched a crowdfunding drive on 26th December and have so far raised £50,041. This Monday they announced they had sent a legal briefing document to […]
Government to directly commission 13,000 homes
The Prime Minister has announced plans to directly commission 13,000 new homes to be built on publicly owned sites. The houses will be built by small and medium-sized house builders on five sites in Dover, Cambridgeshire, Chichester, Gosport and north-west London. 40% of those built will be so called “starter” homes – homes that can […]
Ten buyers for each property
Sales to FTBs fell by 10% The number of house-hunters registered per branch rose by 20% as the supply of housing available to buy fell in November NAEA releases November Housing Market Report Supply dipped and demand grew, as number of sales made to first time buyers (FTBs) fell in November, reveals the National Association […]