Mayors to take lead on Social and Affordable Homes Programme
Mayors outside of London will be given greater influence over the government’s £39 billion Social and Affordable Homes Programme, working jointly with Homes England to shape the course of action for affordable housing money in six regions. The Social and Affordable Homes Programme is a £39 billion, 10-year programme (2026-2036) delivered through Homes England (outside […]
Mortgage market slows as buyers pull back amid budget uncertainty
Data from mortgage technology and data company Twenty7tec reveals a continued overall drop in total residential searches, with first time buyer searches experiencing the steepest decline, but an increase in remortgage activity. The slowdown reflects both affordability pressures and a pause for clarity ahead of the upcoming autumn budget, Twenty7tec said. Total residential searches were […]
Solicitors conflicted about client account risks, survey finds
Many UK solicitors believe the risks associated with client accounts have grown in recent years, but are concerned losing control of the accounts would impair their ability to deliver services effectively, according to a new survey. The survey of over 300 solicitors in UK law firms, conducted by Censuswide on behalf of payment platform Shieldpay, […]
Rising house prices and increase in mortgage approvals ‘indicates resilient demand’
The Halifax House Price Index for October reveals house prices rose by 0.6% – the fastest pace since January – and mortgage approvals have reached their highest level this year, which the building society says indicates resilient demand. The house price growth is the fourth increase in the last five months, taking the average property […]