Number of transactions up 7.5% year on year for January 2016
The number of residential transactions for properties worth more than £40,000 in January was 83,590 according to figures released by HMRC, up 7.5% on January 2015. Seasonally adjusted figures also suggest a slight dip from the norm, going from 109,020 in December to 105,940 in January Andy Sommerville, director of Search Acumen, said: “Although residential […]
Leeds based Blacks named Best Conveyancing Service at Mortgage Strategy Awards
Blacks Connect have been named “Best Conveyancing Service” at the Mortgage Strategy Awards, the second time they have received the award in three years. Judges apparently praised Blacks for their “emphasis on brokers and its willingness to work with them for the benefit of their customers” David Gilman, head of Blacks Connect, said: “To receive […]
An overview of January’s SRA scam alerts 2015-2016
In January 2015 we saw 6 scam alerts, which consisted of 3 letter-based scams, 2 email-based scams, and correspondence using the name Elizabeth Wendy Wilkinson. Fast-forward to January 2016, the scam alerts are on the rise, having increased to 11 for the month, with prevalence in one particular area. 8 email-based scams have been brought […]
As industry braces for a buy-to-let surge, beware the risks of rushing
With implementation of additional stamp duty approaching, leading property risk management expert urges risk management diligence Mortgage lenders and conveyancers alike across the UK are bracing themselves for an expected surge in buy-to-let property transactions, stemming from the additional stamp duty coming into force from 1st April. According to figures obtained by the BBC, the […]