HMRC transaction stats highest monthly seasonally adjusted figure since November 2022
HMRC said seasonally adjusted residential transactions reached 100,410 last month, 10% higher than the previous month. It is the highest monthly seasonally adjusted figure since November 2022 Meanwhile, non-seasonally adjusted transactions were estimated at 111,100, up 23% on a year earlier and 17% higher than the previous month. Mark Harris, chief executive of mortgage broker […]
Orbital Witness announced as latest Conveyancing Association Affiliate member
The Conveyancing Association (CA), the leading representative body for the conveyancing industry, has today (27th November 2024) announced Orbital Witness, the all-in-one property due diligence automation platform for lawyers and property professionals, as its latest Affiliate member. Established in 2018, Orbital Witness leverages AI, in-house legal expertise and insurance models to streamline property due diligence […]
Webinar on HM Land registry
HM Land Registry plays an essential role in every property purchase, yet many property lawyers have limited understanding of its requirements for registration applications. This often leads to requisitions and delays in completing registrations. To assist lawyers, Stewart Title is working with IQ Legal Training to present a free webinar featuring guests from the HMLR Customer Training Team on […]
MPowered Mortgages cuts three-year fixed rates for second time in two weeks, just in time for Christmas
MPowered Mortgages, the lender issuing instant offers, for the second time in two weeks has cut its three-year fixed rate mortgages for new purchase and remortgage residential customers. Two weeks ago, the lender cut both its two and three-year fixed rates by up to 0.28%. Today it cuts its three-year fixed rates by up to […]
House prices and sales volume expected to grow in 2025 despite Budget headwinds, reports Zoopla
House prices and sales volumes are expected to grow in 2025 despite budget headwinds, reveals the forecast edition of the latest House Price Index from property website Zoopla. The average house price is currently £267,200 having increased by 1.5 per cent over the last 12 months (an increase of £3,900). The housing market returned to […]