Property transaction efficiencies required NOW! To combat falling UK house prices
Following the significant shock of the mini-budget back in September, house prices have fallen as predicted, with the possibility of redundancies being made in the property sector. The uncertainty for buyers created by the subsequent rise in inflation, combined with the increased cost of living, means that conveyancing firms need, more than ever, to process […]
Property transactions climb 4% in November
Property transactions climbed 4% month-on-month in November 2022, new data released by HM Revenue & Customs (HMRC) has revealed. Specifically, the provisional non-seasonally adjusted estimate of UK residential transactions in November 2022 is 114,200, which is also some 12% higher than November 2021. This comes as an encouraging sign that the pipeline of transactions in […]
Moneypenny plans for 2023
Over 1,000 law firms, from sole practitioners to the Magic Circle, rely on Moneypenny’s Outsourced Switchboard, Live Chat and Outbound Calling services to enhance client experience and ensure every new enquiry is captured cost-effectively. We do this by giving you one or more Moneypenny Receptionists from our 95-strong specialist legal team to look after calls […]
PEXA December update
That’s – almost – a wrap on 2022 It’s been quite a year for us, which has been capped off with news of Shawbrook Bank and Pure Law transacting for the first time, and it would be remiss of us not to pause and reflect on our journey to date. I recently took some time […]
Analysis shows bridging loan lending rises nearly 50% since 2021
Rising base rate causes increase in bridging loans, findings show The latest market analysis reveals that bridging loan lending has increased by nearly 50% since the Bank of England base rates began rising at the end of 2021. Bridging loans are high-interest, short-term emergency loans often used by homebuyers who need to bridge the gap […]
