Housing Market News

Here we have news, information and analysis on UK house prices and the affect on mortgages and homeowners. This includes inside comments from housing experts and Lloyd Davies, Managing Director at Convey Law who also sits on the Board of the Society of Licensed Conveyancers and the Management Panel of the Conveyancing Association.

Housing market chains grow despite MMR slowdown

Posted & filed under Housing Market News.

Lloyd Davies of the Conveyancing Association executive committee and managing director at Convey Law looks at the impact the Mortgage Market Review has had since April. The most recent property transaction figures from the Office of National Statistics show good growth year-on-year which is certainly indicative of market activity in 2014 to date. A recent…

Governor Hints That Interest Rates Could Rise Sooner Than Expected

Posted & filed under Housing Market News.

Governor’s comments attempt to control rate of growth in the housing market. Following his first Mansion House Speech, Bank of England Governor, Mark Carney has ignited further speculation on when the record low base interest rate will begin to rise. During his speech Mr Carney warned that “gradual and limited” increases in the interest rate…

Chancellor’s Budget Highlights Recovery in Housing Market

Posted & filed under Housing Market News.

Lack of property headlines in the 2014 Budget shows government’s confidence in housing market recovery. The announcement of the Chancellor George Osborne’s budget yesterday lunchtime lacked any major headlines concerning the property sector. The much muted reduction in Stamp Duty was avoided whilst the extension of the Help to Buy Scheme until 2020 was already…

Housing Market Recovery Offers Excellent Career Prospects In Industry

Posted & filed under Housing Market News.

Upturn in property sales leads to increased recruitment and excellent prospects in Conveyancing With the conveyancing industry now recovering at a consistent rate according to the latest ‘Conveyancing Sentiment’ survey, many leading conveyancing companies in England and Wales have turned, or will be turning their attention imminently to recruitment. The latest survey reported that a…