A dedicated Secretary of State for Housing is needed to tackle the growing housing crisis as demonstrated by the falling number of new homes being built and the failure to retrofit at scale our existing
March demonstrated signs of stability with an increase in completions accompanied by a decrease in cancellation rates. This trend suggests an “underlying” stabilising effect within the remortgage market, according to LMS’s recent March Remortgage Snapshot.
New research has revealed that 36% of recent home sellers would avoid downsizing in later life to avoid repeating an archaic home selling process riddled with stress inducing pitfalls. Home Sale Pack has commissioned a
A new report from the Building Societies Association (BSA) has found that significant changes are required if we are to help prospective first-time buyers get onto the property ladder in the current housing market. It
The government should do more to improve the home buying and selling process, according to Steve Richmond, General Manager UK&I at Reapit. In a recent submission to an enquiry by the Levelling Up, Housing and
Michael Gove’s plans to abolish leasehold have been scaled back, with a compromise reached to cap ground rents at £250 annually. Despite Treasury resistance, Rishi Sunak overruled objections, signalling a partial victory for Gove. The
Buyer activity is reaching unprecedented levels as the spring season unfolds, with a notable surge in demand for residential properties, according to Rightmove’s House Price Index. The market is witnessing a significant uptick in the
Labour leader Sir Keir Starmer has announced plans to utilise “ugly” sections of the green belt for housing development, potentially freeing up land for hundreds of thousands of homes, as reported by The Times. In
A quarter of UK adults have shared their sensitive personal information, such as bank details and address, via email with a conveyancer, estate agent or mortgage broker when moving home, according to new research from client compliance platform Thirdfort. The
Today’s data from the Office for National Statistics (ONS) has revealed that March’s inflation rate stood at 3.2% – down from 3.4% in February. This news follows the Bank of England’s decision to continue holding
New research by the Law Society and the Legal Services Board reveals that two thirds of adults in England and Wales (66%), have experienced at least one legal issue in the last four years. The
The latest cross-market data from Landmark shows a “cautiously optimistic” market – although one that is still “highly reactive to external shocks” such as fluctuating interest rates. Landmark’s newly released Q1 Residential Property Trends report
Homebuyer appetites for new-build properties have dipped by -0.1% while stock levels have fallen by -0.5%. But the quarterly figures show a new-build market that might be on the “verge of a boom”. easyMoney’s New-build
The assumption that a property with a logbook will improve the conveyancing part of the home buying process was challenged by nine law firms in a working group during the summer of 2023. In response,
Onboarding and verification service Checkboard have announced a partnership with conveyancing search provider Progressive Legal Solutions (PLS). The tie up will enable firms ordering through PLS to access Checkboard’s suite of compliance and verification services.
New data has revealed that the average time it takes to sell a house has dropped by 0.7% in the past year, falling from 241 days down to 240 days. But while the national picture
In light of recent guidance from the National Trading Standards Estate and Letting Agency Team (NTSELAT), the owner of a leading agency is stressing the importance of providing material information upfront. Mark Ross, Co-Founder and
With the Levelling Up, Housing and Communities (LUHC) Committee launching an investigation into the property transaction process in England, Managing Director at Property Academy, Danielle Nash is calling for agents to consider ways they can
Against a tough economic backdrop and with the cost of living rising sharply, law firms saw profits go only marginally down, according to the Law Society’s Financial Benchmarking Survey that provides an overview of the
The Property Franchise Group (TPFG) has announced that they will be expanding their use of the network with the view to start rolling out nationally with Coadjute, the London-based property technology business. TPFG has been
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