Slight falls in lending to some groups of new borrowers were tempered by comparable rises to others leading to a flat mortgage market in September, according to new data from the Council of Mortgage Lenders.
Mortgage arrears and possessions continued to decline in the third quarter, according to CML data showing that a combination of low interest rates, a responsible approach by borrowers and lenders, and support from the government
The number of mortgages approved to buy homes in October (46,507) shrank to the lowest level since May 2009 on a seasonally adjusted basis, down 18% compared to October 2009, and down 2% compared to
The flow of net mortgage lending by all UK-resident mortgage lenders increased in August to £1.7 billion, though the annual rate of growth in the stock of lending was stable at 1.0%. According to data
Homebuyers in England and Wales are facing bills for thousands of pounds by failing to have a sufficient survey of their property before purchase, according to new research from RICS. This is unlikely to come
Friends Provident has commissioned a report from research house, the Future Foundation regarding attitudes towards retirement funding. Only 6% of respondents are considering equity release, however, experts believe it will become more common by 2020.
New research out today Thursday 4th November from the leading property search website Zoopla.co.uk shows that the number of properties for sale in the UK that have had their asking price reduced at least once
Rightmove’s Consumer Confidence Survey for October shows that 26% of people of who intend to buy a property in the next year will be doing so for the first time, up from 22% in July.
MDA the Canadian business providing satellite technology to conveyancing search data announced on Friday that it had agreed terms to sell its UK and North American Information Products division to TPG Capital for net cash
Email4Property, the UK’s largest online network of estate agents, has seen a surge in market activity in the three months to October, with the number of people looking to buy or rent increasing by nearly
Every day conveyancers act to buy homes for families but rarely think about the consequences when things go wrong. It seems appropriate therefore for Today’s Conveyancer to highlight this campaign and the work of Shelter.
With a shortgage of mortgage finance and broker activity conveyancers have sought to market themselvesas specialists serving certain specialist markets like sale to rent back or what remains of the broker market. Marsh and Parsons
Land Registry has provided Today’s Conveyancer with a list of the number of applications per firm for transfers of value in September. For a link to the top 25 in the list click here Whilst
Precise Mortgages, the specialist mortgage lender, has today confirmed that its application to enter into regulated mortgage contracts as lender has been approved. We have previously reported that Precise have a very restricted panel of
The Solicitor’s Regulation Authority (SRA) has published its findings from its consultation with members in May this year. The SRA proposes changes to the new SRA Code of Conduct (the Code) and other sets of
The PCCB has today welcomed the publication of a revised and strengthened Search Code by the Council of Property Search Organisations (CoPSO). With the suspension of Home Information Packs (HIPs) in May 2010, and the
Buy it here Conveyancing Handbook Francis Silveman and her team have once again updated the bible of conveyacing to deal with the ever changing nature of the environment that we work in. Whatever aspect of
Last Wednesday I sat in the ball room of the Waldorf Hotel to listen to the launch of the new Transaction Conveyancing Quality Scheme (TCQS). Take it seriously, it may impact on your position on
Ian Peacock of New Square Chambers has kindly allowed us to republish one of his recent articles. Possession orders: the absent defendant A possession order is made in the absence of the defendant who has
Gross mortgage lending grew to an estimated £32.4 billion in October, rising nearly 6% from £30.6 billion in September and £30.6 billion in October last year, according to the Council of Mortgage Lenders. While the
Alan Riley of Property PSL http://www.propertypsl.co.uk has allowed us to republish his article on the Land Registry Private sector investment for the Land Registry Posted by Alan_Riley on Sun, 17/10/2010 – 12:16 As part of
The Rightmove House Price Index for October 2010 shows “bullish” pricing in the face of tight mortgage availability and increasing numbers of properties on the market. The average national asking price increased 3.1% to £236,849
Borrowing from a tweet by Paul Hajek of Clutton Cox we focus on a prestigious award for a conveyancer that was open to the whole legal profession.. The annual 360 legal group awards dinner was
In a move that may depress the remortgage market more Barclays is extending its Switch & Fix feature to all existing Woolwich mortgage customers who have taken out tracker deals. Barclays is the first provider
In a recent blog article Breeze and Wyles explain that they have won the Best Single Innovation of the Year award for 2010 from Lawnet for their automated title checking system. With a technical innovation
Paul Judkin of Judkins Solicitors in Hertfordshire has made conveyancing news by giving Today’s Conveyancer full access to his letter and plea to the Law Society Gazette for help in staying on lender panels and
In a claim that is supported by information coming from Land Registry enact have issued a statement claiming 20% market share of the remortgage market (see below) and a doubling of that share during the
CCS insurance have kindly written the following article for us to remind us about the history and case law relating to chancel liability. What did the Tudors do for us? Well, history tells us the
IRIS the legal software provider that claims to have 40% market share and over 550 clients held “IRIS Legal World” conference today in Manchester. Today’s Conveyancer went along to listen and learn what the large
The Law Society and Land Registry have prepared a joint practice note in order to help conveyancers make their clients more aware of how they may protect their property interests against fraud and safeguard their
Many conveyancers are slow to adapt to changing technology and marketing methods and even when they do adopt new methods the execution and up take can be rather mixed. The large Conveyancer Optima Legal Direct