Remortgaging drives market activity
First-time buyer and remortgaging activity have both seen annual growth, at 13.1% and 24.6% respectively. Recent research indicates that the mortgage market is being propelled by remortgaging activity, an area which is outperforming all others. As people sought to remortgage, November saw a spike in market activity. In comparison with October, the valuations rose by 4.9% […]
Stamp duty impact on high-end homes
In the last six months following the second home stamp duty increase, the revenue accumulated from the tax has fallen by £500 million, according to recent research. The report from London Central Portfolio (LCP) analysed figures from the previous 12 months and summarised the key findings: Sales above £10 million fell by 75% – this […]
Stand and deliver
As the Government comes under increasing pressure to meet housing targets, compulsory purchase orders (CPOs) are gaining favour as a means of allowing a public body to take a property by right where it is needed as a matter of public interest. In its sixth report “Removing the Barriers to Housing Delivery”, published in March […]
Are you complying with the SRA/CLC/Cilex Code of Conduct?
For many busy conveyancers, it can be a constant juggling act staying on top of your caseload, keeping your clients happy and ensuring compliance with the obligations of your regulators Code of Conduct. From your professional performance and due diligence procedures to maintaining a suitable training programme for your firm’s employees, it is essential that […]
VAT applied to CON29 council searches – time to reconsider?
Due to recent changes introduced by HMRC, the search industry has been advised that Local Authorities will be required to apply VAT, at its current 20% rate, to CON29 fees from 3 January 2017. Ipsos MORI Local Land Charges Survey Highlights Personal Search Quality Interestingly, recent research – ‘Local Land Charges Survey’ conducted by Ipsos […]
