Pace of consolidation in conveyancing market trebles in 2015
Total number of conveyancing firms operating in the market declined at the fastest rate in three years during 2015, according to Search Acumen.
Buy-to-Let mortgages up 30% in December.
The number of Buy-to-Let mortgages taken out in December 2015 was 30.1% higher than twelve months ago. While the total number of buy-to-let mortgages granted dipped 3.4% month to month, this was largely caused by a dip in the number of remortgages, which fell by 9.2%. The number of buy-to-let loans for purchase grew by […]
Land Registry say house prices rose by 2.5% in January
House prices rose by a huge 2.5% in January according to Land Registry. The rise represents more than a third of the total price rise for the twelve months to the end of January, which is reported to be 7.1%. Many commentators expected to see a rush on the purchase of buy-to-let properties ahead of the […]
House prices fall 0.2% between November and December – ONS
The average house price fell between November and December 2015 according to the Office for National Statistics. Seasonally adjusted figures indicate the average price fell by 0.2%. The average property increased in value by 6.37% in the twelve months to December, compared with 7.7% for the twelve months until November. The overall average masks significant […]