Rapidly growing population of older homeowners puts pressure on mortgage sector
A rapid increase of ageing homeowners has resulted in an influx of later life lending causing a strain on the current model of financial advice, according to a new report from the Intermediary Mortgage Lenders Association (IMLA). Homeowners are now ageing at a faster rate than the UK population and developments in later life lending […]
Telephone Quotes For Residential Conveyancing: Finding The Missing Millions
Telephone Quotes For Residential Conveyancing: Finding The Missing Millions – by Professor Ian Cooper, law firm skills trainer / consultant, Author of the ‘Financial Times Guide To Business Development’ Every single day most firms with a residential conveyancing department receive telephone calls from prospective clients who ask the question … “Can I have a quote […]
SRA and Legal Ombudsman Warn that legal services are not being transparent enough with complaints procedures
The word ‘transparent’ is quickly becoming common place in the conveyancing sector. Well, it has been used again with the Solicitors Regulatory Authority (SRA) and Legal Ombudsman’s (LeO) claims that legal service companies are not doing enough to signpost complaints procedures for customers. The LeO Refreshed and updated their guidance that was published in May, […]
Help to Buy statistics prove a success for first-time buyers
In a time when people are finding it increasingly difficult to save for a house deposit, recent Government statistics show that over 420,000 people have successfully bought homes using the various Help to Buy schemes. In particular, the Help to Buy ISA scheme has had a significant impact on savings. The scheme boasts that 196,007 […]