The government has conceded that deadlines to ensure all remediation work on the removal of dangerous cladding on buildings by June will not be met.

The Government has conceded that deadlines to ensure all remediation work on the removal of dangerous cladding on buildings by June will not be met. Unfortunately, the recent lockdown has meant that many remediation projects

First-Time Buyer Mortgage Applications Reduce In Lockdown

The mortgage slowdown during lockdown seems to have impacted prospective buyers more than homeowners. Those looking to purchase a property for the first time seem to have delayed their home move during lockdown or were

The property Ombudsman experienced a 20 per cent spike in formal complaints last year according to its annual report for 2019.

The property Ombudsman experienced a 20 per cent spike in formal complaints last year according to its annual report for 2019. Similarly to other years. communication and record keeping were the most complained about elements

Client Facing Sectors Resume Physical Viewings and Valuations

The housing market has been open for a week and activity has been steadily increasing since the announcement that the sector was released from lockdown. In the past week we have had governmental updates on

Conveyancing Hit Four Year High And Seven Year Low In Q1

The number of active conveyancing firms in the UK has fallen to its lowest ever levels since the tracker was launched in 2011. At the start of 2020, there were 4,135 active conveyancing firms. However,

Purchase Mortgage Searches Increase By 109% In 4 Weeks

Over the past four weeks, the number of searches for purchase mortgages has increased by 109 per cent as the reopening of the property market stimulates buying and selling. According to mortgage data from Twenty7Tec,

RICS April Sentiment Highlights Severity Of Lockdown Uncertainty

What a difference a week makes! It has been seven days since the property market was released from the lockdown and early indications suggest that market activity is buoyant and constantly increasing. However, eight days

Post-Lockdown Property Market Bouncing Back

Recent Rightmove data indicates that the property market needs to prepare for an immediate surge in demand after home-mover visits to the site exceeded 5.2 million on Wednesday 13th May. This figure represented a 4

Payment Holidays Prevent Rising Mortage Possessions

Homeowner mortgages in arrears increased slightly between the final quarter of 2019 and the opening quarter of 2020. There were 72,380 homeowner mortgages in arrears of more than 2.5 per cent in the opening quarter

Ask An Expert: Surveyor Perspective Of Post-Lockdown Market

Since lockdown, the property market freeze has created a worrying environment for all stakeholders in the home buying and selling process. The inability for surveyors to complete physical surveys and valuations, in particular at the

Out Of Office Message Etiquette And Security Considerations

The property market freeze has placed an incredible strain on all businesses and stakeholders involved in the home buying and selling process. Law firms have been forced to make difficult decisions in order to save

Property Market Restart Has Immediate Impact On Mortgages

The reopening of the property market has had an immediate positive impact on mortgage activity according to recent data. Whilst Twenty7Tec’s mortgage statistics for the week ending May 13 suggested that both search and document

Restart And Renew - Housing Secretary Statement

Yesterday, the Housing Secretary, Robert Jenrick, announced the restart of the property market, claiming it was an opportunity to ‘restart and renew’. Amongst his comments, Mr Jenrick highlighted the importance of opening the market and

Tom Parkinson, Solicitor and Head of Property & Director at Rowlinsons Solicitors,commented: Very welcome news for the Property Industry tonight from the Government. Hopefully we can now start to help those clients again who have been so patiently waiting for this news. Let’s not forget though to adhere to those extremely important measures that are still in place for very good reasons! Gavin Wall, director at Conveyancing Expert, commented: Do you know what I love about conveyancers? It's the ability to find a solution to everything thrown in front of them. Today will be the start of a massive learning curve as we all find ways to deal and work in this new world. We need to order funds and redemption statements earlier, get documents posted faster (though I'm delighted with the change at the Land Registry and the Mercury signing approach) and most importantly, remind our team and ourselves that our clients need help, re-assurance and great legal advice. I'd better get on and bring some smiles.

The property sector is collectively breathing a cautious yet overwhelming sigh of relief today following the reopening of the property market. According to data analytics organisations, this means the estimated 163,000 properties worth £55 billion

Law Society Encourage Adaptable Cautious Return To Work

The Law Society of England and Wales is urging law firms to remain cautious when entering ‘unchartered waters’ as the lockdown restrictions are lifted and legal businesses are free to work form their offices. Simon

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