Property experts call on PM for market boost as mortgage approvals fall
Net mortgage approvals for house purchases fell to 56,100 in July, down from 58,200 in June. The Bank of England’s Money and Credit report for July also reveals net mortgage borrowing of mortgage debt by individuals was at £4.3 billion in July, down from £7.7 billion in June. The previous six-month average was £5.3 billion. […]
Housing market ‘plods on’ as Nationwide figures reveal stable price growth
UK annual house price growth was stable in August, according to Nationwide’s latest index, with a 1.6% annual increase and 0.2% monthly rise. Despite subdued activity, commentators were in agreement that the picture reflects overall resilience in the face of ongoing political uncertainty. “Geopolitical tensions remain high, with the conflict in the Middle East exerting […]
Most solicitors maintaining continuing competence but work still to be done, SRA finds
The Solicitors Regulation Authority’s annual assessment of continuing competence has found most solicitors keep knowledge and skills up-to-date, with evidence of robust systems and controls in firms to ensure solicitors remain competent and deliver good quality legal services. The assessment was based on 123 training records from solicitors in criminal law and employment law across […]
Scale of cryptoasset gains revealed in new government figures
Government figures have revealed the number of individuals who declared more than £1 million in capital gains (CGT) from cryptoassets in the 2024 to 2025 tax year. HMRC’s first official statistics on taxable cryptoasset gains show 240 people have reported £1 million plus in gains from their cryptoasset investments. The figures indicate £717 million of […]