Londoners most likely to rely on family inheritance for property

Nationwide, some 25% of home buyers had support of the ‘bank of Mum and Dad’, with 13% drawing upon family inheritance and 12% on parental loan. Some 41% of 25- to 34-year-olds are now using inheritance or a loan from parents to fund a home purchase. 14% of 18-24 are using cryptocurrencies compared with just […]
CTS Update: recovery now in final phase but may yet “take some time”

An update on the CTS website has been published providing further information around their response to the “cyber incident” reported over a week ago. The Managed Service Provider (MSP) has said it had implemented a “four-phase” response and was now in the 4th and final stage of restoration of services, but warned it may yet […]
Helping conveyancers navigate the challenges of the Building Safety Act 2022

Introduced in response to the Grenfell tragedy, the Building Safety Act 2022 – which came into force in April 2023 – makes clear that homes across the country must be built, maintained, and secured in a way that prioritises safety. The Act also places the responsibility of fixing safety issues in older buildings – including […]
Home movers urged to get “MoveReady”

Home movers, estate agents and conveyancers are being urged to get “MoveReady” following the launch of a home moving app that will encourage vendors to instruct their conveyancer before listing their property, enabling compliance with the recently released Parts B & C requirements in the National Trading Standards Estate and Lettings Agent Team Material Information […]
Target Group transforms effectiveness of Decision in Principle

Target Group introduced the role of a Decision in Principle (DiP) which will “transform the mortgage application process”, shortening it from up to eight weeks down to just seconds for lenders who uses Target’s recently launched Mortgage Hub system. Target has developed a way to provide accurate income, expenditure and property valuation information, at the […]