CLC publishes Transparency Rules Guidance before 6th December Deadline

CLC Transparency rules

The CLC has published guidance on how the firms it regulates can comply with the new Transparency Rules coming into force on 6th December. Details have been added within a new “Informed Choice” section of the CLC’s website, providing information on guidance on the new rules. The CLC has published a conveyancing cost estimate template […]

The Surge is on: Subsidence Claims rise 400% after Heatwave

The Surge is on Subsidence Claims rise 400% after Heatwave

Subsidence damage is set to soar after our record-breaking summer heatwave, according to two key indicators, leading to a significant rise in insurance claims this autumn.   We reported earlier in the summer that the lack of rainfall was starting to impact on clay soils through dramatic levels of shrinkage and cracking. Tracking the widely […]

10% Decrease In First Time Buyer Market Share

10% Decrease In First Time Buyer Market Share

The National Association of Estate Agents Propertymark (NAEA) have found that first time buyers (FTBs) looking for homes have reached a three year low in August. June boasted a strong month for FTB market presence where they made up 29% of the overall total. Similarly, July’s figures continued to rise to 30% marketshare. However, the […]

HMRC Publish Stamp Duty Increases for 2017-2018

HMRC Publish Stamp Duty Increases for 2017-2018

Stamp Duty Land Tax (SDLT) has been a constant staple of the housing markets dietary requirements in recent years. Over the weekend, HMRC released the Annual Stamp Tax Statistics for 2017-2018. The key statistics indicate that first time buyers (FTBs) have continued to prosper from the stamp duty relief. Over the year, 69,100 transactions were […]

Conveyancers Should Have Funds The Day Before Completion

Conveyancers Should Have Funds The Day Before Completion

The Society for Licenced Conveyancers (SLC) is calling for all its members to do everything in their power to avoid additional delays in the home buying process. In particular, the SLC believe that conveyancers should have all monies, including mortgage funds, in place the day before completion. Having acknowledged that the majority of conveyancers insist […]

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