Remortgage instructions increased by 35% in October
LMS’s latest Monthly Remortgage Snapshot shows growth in market activity through October 2021, whereas mortgage approvals have declined according to the Bank of England. The LMS report reveals that remortgage instructions increased by 35% in October with 47% of borrowers taking out a 5-year fixed rate product, the most popular product in October. The average […]
Conveyancing firms “stabilise” and Rightmove predicts further house price increases
Search Acumen, the property data insight and technology provider, has issued the latest edition of its quarterly Conveyancing Market Tracker for Q3 2021, revealing that the number of active conveyancing firms has recovered to pre-pandemic levels, stabilising at just over 4,000 for the second quarter in a row. The report shows that the top-ranking conveyancing […]