Interview with Andrew Sommerville, Director of Search Acumen
Today – 21st January 2016 – marks Andy Sommerville’s 30 years in the search industry. The co-owner and director of Search Acumen shared the secrets of his longevity in the business – and his success – with Today’s Conveyancer’s Jane Common… On January 21st every year do you think ‘that’s another 12 months in the […]
Gross mortgage lending up 8% for 2015 say CML
Gross mortgage lending increased by 8% in 2015, according to the Council of Mortgage Lenders (CML), bringing the total for the year up to £220.3 billion. 2015 was the fifth consecutive year for gross lending growth with 2014’s gross lending total coming to £203.3 billion. For December, gross lending dipped from £20.5 million in November […]
2015 saw slight rise in transactions according to HMRC
2015 saw just over 12,500 more residential property transactions compared with 2014, which represents growth of just over 1%. In total, the number of non-residential transactions over £40,000 was 1,231,260 according to HMRC’s latest statistics. In 2014, the total number of transactions was 1,218,750. December 2015 saw 11.6% more transactions than December 2014. However some […]
Supply issues persist in UK Housing Market
December sees 68,218 house purchase approvals, down 3.1% from 70,410 house purchase approvals in November Average monthly approvals across H2 2015 stand at 69,572, higher than H1 average of 64,047 On an annual basis, house purchase approvals climb 12.5% – from 60,650 in December 2014 Small-deposit lending stagnates towards the end of the year, remaining […]
House prices set to rise in 2016
Since December 2015 house prices have already risen by 0.5% and are set to continue rising throughout the year, experts predict. How high the rise will go is yet to be determined as factors such as interest rates and sliding stock markets should be taken into account, but most have predicted a rise of between […]
