Legal Advice Requirements Modified By Equity Release Council
Equity release providers are no longer expected to ensure customers receive face to face legal advice before taking out an equity release product. The Equity Release Council published the temporary modification to enable those in need of accessing equity release finance to do so without creating additional barriers and delays. The Council has stated that, […]
Diary Of A Highstreet Conveyancer – Friday April 3
Friday I had my last completion today – for the time being until restrictions on movement are lifted, or unless someone else selling an empty property has a buyer who is able to proceed. I have a few clients who would like to move and were hoping to move before the Easter break but I […]
SDLT Could Dip To 2004 Levels
Stamp Duty Land Tax (SDLT) receipts could dip to the levels last seen in 2004/05 because of the impact of Covid-19. In a time prior to the emergence of coronavirus, Savills had predicted the UK property market would generate £8.6 billion in SDLT receipts as the market recovered from a flattened year restricted by Brexit […]
New Listings Still Entering Market Despite Lockdown
Recent data suggests new listings could fall to around 1,000 per week within the next month, but people are still placing their homes for sale post-lockdown. According to House Vault, specialists in data marketing and analytics, new listings will fall below 1,000 unless the property market considers innovative marketing strategies or alternatives to mainstream agents […]