The number of people buying homes is expected to fall in 2017, as landlords and owner occupiers are deterred in the wake of the tax changes and economic uncertainty, following the EU referendum result. The number Read More
An overview of the activity that’s taking place within the residential property market. Keeping track of what’s happening with housing is important for conveyancers to build knowledge and plan developments within your practice. If you have conducted research or would like us to report on particular figures, please email press@todaysconveyancer.co.uk.
Retired homeowners have earned an average of £26,000 from their houses this year, according to new research.Read More
Christmas markets boost housing market, according to new researchRead More
Recent Help to Buy statistics indicate that over 220,000 people have used the Government’s Help to Buy products to assist them in purchasing a home. These include the ISA, Equity Loan, London Help to Buy Read More
Presenting the monthly estimated of the figures for both residential and non-residential property transactions, HMRC property figures for November 2016 have recently been released. The publication, showing data for the UK and its constituent countries, is Read More
Both demand for properties, and supply of available stock fell in November, as well as the number of sales agreedRead More
According to new research, this year has seen a 7% rise in the total value of Britain’s 28.9 million homes, reaching a total of 8.17 trillion.Read More
Andy Sommerville, Director of Search Acumen, comments on today’s HMRC property transaction dataRead More
Due to the strength of business following June’s referendum result, Bellway has begun purchasing land once more.Read More
First-time buyer and remortgaging activity have both seen annual growth, at 13.1% and 24.6% respectively. Recent research indicates that the mortgage market is being propelled by remortgaging activity, an area which is outperforming all others. As people Read More
In the last six months following the second home stamp duty increase, the revenue accumulated from the tax has fallen by £500 million, according to recent research. The report from London Central Portfolio (LCP) analysed figures Read More
The RICS Residential Market Survey for November indicated a small rise in enquiries from new buyers, for the third month in a row. Expectations in the short term indicate a moderate yet ongoing activity for Read More
November saw the annual rate of house price growth fall to a 10-month low of 4.4%. This is a dip of 0.2% in comparison with November 2015, where the rate was at 4.6%. House prices had however, moved up Read More
According to Lloyds Bank research, properties close to stations along London’s new Crossrail route have already seen a growth in prices of 22% over a two-year period. Although still rising, prices of homes in the Read More
London sales transaction volumes now 50% lower than before the last crash; prices falls inevitableRead More
Following on from Key Retirement’s call for more conveyancing firms to provide specialist equity release services, six law firms have stepped into the ring to offer independent legal advice in this growth market. Midlands-based Read More
Recent figures show the level of sales to first time buyers (FTBs) was the highest since records began 16 years ago in 2000, according to the National Association of Estate Agents (NAEA) Housing Market report. 32% of all Read More
Heavily impacted by George Osborne’s stamp duty (SDLT) reforms, prices at the top of the London property market have fallen, with west London locations such as Notting Hill and Kensington seeing the biggest drops Read More
Don’t doubt value of money laundering prevention
Due to conveyancing transactions usually being of high value as well as their ability to take place without raising suspicion, they are a favoured method of laundering money. The Solicitor’s Regulation Authority (SRA) have Read More
As house prices in London reach 14.2 times the average salary, the affordability of the capital’s homes have sunk to a record low.Read More
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