Huge house moving delays could leave thousands having to pay stamp duty
Thousands of homebuyers could unwittingly have to pay up to £15,000 when the stamp duty holiday ends because of huge delays in the conveyancing process, a lawyer has warned. The Chancellor’s stamp duty holiday – where house buyers are exempt from paying the property tax on the first £500,000 – is due to end on […]
Mortgage approvals at highest levels in over a decade
In the Bank of England’s Money and Credit report, it details that mortgage approvals are at a 13-year high, with an additional £4.3bn secured borrowing in October. Jeremy Leaf, former RICS residential chairman and a north London estate agent, said: “We expect the numbers to remain robust for a least the next month or two […]
Diversity is still a problem in the legal sector
Further calls for the legal sector to embrace further diversity have had a spot light shone on them in the Financial Times, as their legal correspondent Kate Beioley focused on the issue in one of her latest articles. In her article Kate points out: “Ten years after the regulator was set up, the LSB (Legal Service […]