A new audit is looking at how the design of residential developments has changed in the past ten years in order to help create a baseline standard for new build developments in the future.
Businesses are sending thousands of low quality suspicious activity reports (SARs) that contain little or no useful intelligence, the Law Commission will tell the government.
Conveyancers are calling on lenders to standardise their mortgage terms on leasehold properties.
Agents with properties to sell in rural areas are being urged to check for septic tanks before marketing commences.
The average leaseholder is now paying £319 in ground rent costs every year and have experienced an above inflation rate annual average rise of 5%.
Mortgage lenders need to standardise their policies in relation to lease length in order to stop sales falling through, say experts.
A poll of 2,000 UK home owners assessed the average time it takes to buy a house from browsing, to viewing, making an offer, exchanging and completing. Six months and 24 days to purchase a home!
The Society of Licensed Conveyancers and UK Finance have been working to standardise lending policies on unexpired lease terms to help ease the difficulties many leaseholders are finding when trying to resell their home.
The Competition and Markets Authority (CMA) has officially launched its investigation into the leasehold market yesterday, June 11th 2019.
The Competition and Markets Authority has formally launched an investigation into the sale of leasehold properties – including possible mis-selling.