Number of potential homebuyers up 6% in ‘high competition’ market
The number of potential future buyers contacting estate agents about homes for sale is 6% higher than last year, according to the latest figures released by Rightmove, with sales agreed 5% up over the same period. Realistic and competitive pricing from new sellers in response to the high-competition market is driving an increase in buyer […]
FCA simplifies remortgage rules
Borrowers will find it easier to remortgage under changes announced by the Financial Conduct Authority (FCA), in a package of measures designed to help people navigate their financial lives and support economic growth. The measures are part of a series of reforms the regulator is undertaking to ensure more people can benefit from choice in […]
LSB committed to addressing ‘persistent and deeply concerning’ unmet legal need
The Legal Services Board (LSB) has set out the actions it took in 2024/25 to enable legal services for the public, and says it will continue to address ‘the persistent and deeply concerning level of unmet legal need across England and Wales’. In its annual report published this week, the regulator has reviewed its performance […]
Buyers ‘missing out on thousands in stamp duty refunds’
Thousands of UK business buyers, landlords and property investors could be missing out on stamp duty relief worth an average of of £12,909, according to specialist consultancy SCA Tax – with some buyers reclaiming tens of thousands of pounds. The company believes buyers may be entitled to ‘significant reliefs’ in several common scenarios, including properties […]
InTouch joins Conveyancing Association as affiliate member
Cloud-based conveyancing case management platform InTouch has joined the Conveyancing Association (CA) an affiliate member, the CA has announced. The membership will give InTouch a range of benefits and opportunities including the use of CA branding, attendance and networking at member and online meetings, access to member firms and advertising. The InTouch platform is used […]
We don’t recommend private surveys – but what could possibly go wrong?
Let’s start with the formal position- there is no legal requirement for a homebuyer to commission a private survey. Frankly many purchasers still don’t take this step as they erroneously rely on the fact that a mortgage provider has made their own assessment of some kind. Let’s skip the fact that increasingly this involves the […]