Mortgage rates hit highest level in 15 years
The average interest rate on a two-year fixed-rate mortgage deal has risen to 6.66% – a level that has not been seen since 2008 and the financial crisis. This comes as prime minister Rishi Sunak declined to back extra monetary support for mortgage holders despite increasing costs, stating the priority is to bring inflation down. […]
Suspicious Activity Reports: What you need to know
The National Crime Agency (NCA) have released updated guidance on submitting a better quality Suspicious Activity Report (SAR), making it a good time to revisit what they are and why they’re so important. A SAR alerts law enforcement to potential instances of money laundering or terrorist financing. In conveyancing, one of the most likely reasons […]