FTBs account for over £100bn of property sales in 2024
First time buyers accounted for over £106bn worth of property sales in 2024 after a resurgence of activity in the sector after a fall in numbers in 2021. Reporting on figures produced by the Financial Conduct Authority (FCA) the Office for National Statistics (ONS) said in 2023 the overall number of new first-time buyer (FTB) […]
Over 65s hold property wealth of more than £2.9 trillion
Over-65s own property wealth of £2.944 trillion outright which could be put to use supporting their retirement planning and give a boost to the property market, data from Key Later Life Finance shows. Its data shows more than 10 million over-65s own their properties outright without a mortgage and can potentially put the wealth to […]
Law Society supports Mental Health Bill’s vital reforms but more work ahead
The Law Society of England and Wales has backed the amendments to the Mental Health Act 1983, which is a positive step towards ensuring that essential mental health services guarantee dignity, respect and access to justice for all. This comes as the Mental Health Bill goes into its report stage in the House of Lords […]
