Q3 mortgage activity up in ‘finely balanced’ market

Approved mortgage loan application with house key and rubber stamp

Mortgage lending activity returned to growth in Q3, the latest Household Finance Review from UK Finance reveals. Refinancing also increased, with volumes up nearly 50% year‑on‑year. Lending is now around the stable levels seen in 2022, with forward‑looking data analysed by UK Finance suggesting growth continued into October before flattening in November. Affordability remains ‘very […]

AML solution Click2Check is latest OPDA member

Dave Jones

Click2Check, a credit and anti-money laundering check and Open Banking provider, is the newest member of the Open Property Data Association (OPDA). Designed for solicitors, estate agents, financial advisers and mortgage intermediaries, Click2Check provides a client’s credit report, digital anti-money laundering and identity verification reports, and Open Banking transactional data reports in one place. The […]

Industry leaders discuss future of conveyancing in upcoming webinar

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Industry leaders from HM Land Registry, Bold Legal Group, TM Group, Taylor Rose and Auxilio will discuss the future of conveyancing in a webinar on Monday 8 December, in a session chaired by Rob Hailstone. The discussion will address how firms can prepare for upcoming digital transformation, manage risk, and enhance operational performance, and explore […]

‘Major acceleration’ in tech adoption among conveyancers

A graphic shows houses in neon outline above the keyboard of a laptop

New research from Landmark Information Group reveals a major acceleration in the adoption of technological tools across the conveyancing sector, with AI usage among residential conveyancers doubling in a year. Last year, 39% of conveyancers interviewed by Landmark said they used the technology, rising to 78% in October this year. The vast majority of research […]

Budget fall-out continues, with 14% drop in mortgage searches

A woman works at a desk using a laptop and calculator. Papers and a model of a house are on the desk

The latest data from Twenty7tec shows a clear pause in borrower behaviour in November, which the financial technology firm attributes to households and landlords waiting for budget clarity before making new commitments.Total mortgage searches fell to 1,405,878, a 14.64% drop compared with October and 3.81% lower than last year. The slowdown was led by purchases, […]

Government’s ‘swift and fair’ courts plan erodes rights, Law Society says

A close-up of a Crown Court sign and crest

Deputy Prime Minister and Secretary of State for Justice David Lammy has announced plans to modernise the criminal courts and cut delays, in reforms he said would deliver ‘swift and fair’ justice for victims. But the Law Society of England and Wales says the proposals ‘erode the right to be judged by our own peers’ […]

Building Societies Association launches growth plan to boost home ownership

A Skipton Building Society sign

The Building Societies Association has launched a growth plan to help boost financial resilience across the UK and expand home ownership. The plan calls on government and regulators to improve access to mutual capital by removing barriers that prevent building societies from financing growth and innovation, and to introduce appropriate capital regulations that reflect the […]

Moverly wins Smart Data Challenge Prize for digital property pack

Smart Data winner Moverly, L-R Kieran Witt, Ed Molyneux.

Property technology provider Moverly has been awarded the Smart Data Challenge Prize for its digital sale ready packs, which securely share the multiple sources of home-related data used throughout the home buying process. The £50,000 prize, funded by the Department for Trade and Industry, was awarded to Moverly following eight months of development of the […]

First-time buyer homes at lowest income to house price ratio since 2015

A couple stand outside a house next to a sold sign

The average first-time buyer home now costs 5.9 times average earnings, the lowest ratio since 2015, according to the latest affordability review from Lloyds. Research from the high street lender has found a combination of lower interest rates, higher incomes and limited property price growth has improved first-time buyer affordability over the last year, taking […]

Conveyancing forum passes 4,000 questions milestone

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A specialist forum set up to offer support and insight to conveyancers has provided 29,000 responses to over 4,000 questions since it was launched in 2020. The Bold Legal Group (BLG) online forum is a member-only space where members can pose questions, seek insight and engage the support of like-minded practitioners and representatives from official […]

Mortgage approvals fall slightly amid pre-budget uncertainty

Approved mortgage loan application with house key and rubber stamp

The Bank of England’s Money and Credit Report for October reveals a decrease in the number of net mortgage approvals, falling 600 to 65,000. Approvals for remortgaging fell by 3,600 to 33,100, the lowest since February. Rachel Springall, finance expert at moneyfactscompare.co.uk, said the slowdown was expected and activity is likely to improve. “Borrowers may […]

Propertymark new-build report reveals extent of fluctuations in pricing

A new-build house with a sold sign covering the door

The latest quarterly New Builds Pricing Report from Propertymark reveals the extent of variations in both seasonal and regional pricing for newly built homes. In London, the Q3 price increased by £102,685 compared to the same period the previous year, taking the average cost to £819,000. In Q2, London new-builds experienced the steepest decline, falling […]

Compliance software provider Legl joins Conveyancing Association as affiliate member

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Legl has joined The Conveyancing Association (CA) as an affiliate member. The award-winning software platform enables law firms to manage processes from client onboarding, to AML risk and compliance and compliant cash collection.  As an affiliate member of the CA, Legl will have the opportunity to participate in member meetings, events and online sessions, as […]

HMRC residential transaction figures ‘show a market that held its nerve’

The HMRC Revenue & Customs signage carved into the stone wall of the building

HMRC’s residential transaction figures for October reveal a 2% monthly increase, up from 96,730 in September to 98,450 in October – the highest seasonally adjusted residential transaction figure since March 2025. Non-seasonally adjusted residential transactions increased by 13% in October 2025 relative to September 2025. Seasonally adjusted non-residential transactions have also seen an increase, with […]

Pre-budget property tax speculation led to 12% drop in demand, Zoopla says  

A toy house placed above a row of small white blocks with arrows on them. The row falls downwards as it gets to the end

The pre-budget speculation surrounding property taxes contributed to a drop in buyer demand and sales agreed across the country, Zoopla reports in its latest House Price Index. The uncertainty triggered by rumours for weeks leading up to the budget contributed to a 12% year-on-year drop in demand, with sales agreed falling by 4%. With the […]