Mortgage Approvals At Record Low In May
The Bank of England (BoE) has revealed, that as a result of the coronavirus pandemic and the subsequent lockdown, mortgage approvals were almost 90% below the levels seen at the start of 2020. Worringly, the approvals were also revealed to be a third of their trough during the financial crisis in 2008. The data published […]
New Technology To Thrust Property Deals Into the Digital Age
A brand new digital, end-to-end property completion platform, which will see a dramatic reduction in the time spent processing sales, is poised to launch in the UK. WeCOMPLETE is the first software of its kind to co-ordinate the work of both legal teams and estate agents, and the only product capable of streamlining the completion […]
CLC Introduces New Codes To Improve Compliance And Consumer Protection
The revised accounts code that expressly allows regulated practices to deal more easily with aged balances up to £50 and to use third-party managed accounts (TPMAs) has now been approved by the Legal Services Board (LSB). The Legal Services Board (LSB) has approved new account codes to deal with aged balances up to £50 and […]
Mutual Lenders – Your Role In Building The UK Back To Health
I realised whilst listening to Sara Bennison, Chief Product and Marketing Officer from Nationwide Building Society speak at the Digital Housing Summit last week, that I still have a very clear memory of the lilt of my Welsh speaking primary school teacher’s voice on the day that she taught my class about the origin of […]