Mortgage approvals rebound in first rise since August
New data from the Bank of England has revealed that net mortgage approvals for house purchases increased to 43,500 in February, from 39,600 in January. This marked the first monthly increase since August 2022. This follows net approvals for house purchases, an indicator of future borrowing, decreasing to 39,600 in January from 40,500 in December […]
Blockchain network raises £4m in preparation to expand across property market
Coadjute has has announced a £4 million investment funding round as their deployment across the UK property market continues to expand. This latest backing has been led by Manchester-based Praetura Ventures, with other significant investors including Reech Corporations Group. Coadjute are using the new funds secured to continue the network rollout and press ahead with […]
HM Land Registry celebrates high performing LLC teams following migration of Local Land Charges Registers
Isle of Wight wins Best Performing Migrated Local Authority at 2023 Local Land Charges Awards for Excellence – the first award of its kind. Mid Suffolk Council is highly commended. The Isle of Wight Council’s Local Land Charges team were named winners of the first Best Performing Migrated Local Authority award on 28 March, at […]
Search provider integrates AI-powered Title analysis tool into portfolio
An AI-powered Title document risk analysis platform for conveyancers has announced an integration with data provider Search Acumen. Avail specialises in using artificial intelligence to assess legal risk on property titles. The platform describes itself as a way to “simplify the search, purchase and analysis of HM Land Registry (HMLR) title documents, producing a range […]
Help to Buy: Treasury £1.8bn in profit as scheme comes to an end
As the government’s Help to Buy scheme comes to a close, it has been reported that the Treasury has come out the other end of the policy nearly £2 billion better following more than 375,000 loans being made by the government to people looking to buy their first home. The scheme was launched in 2013 […]
