The years of historically affordable mortgage rates look to be ending as rates have steadily increased in recent months and show no signs of turning back. Since the beginning of the year, mortgage rates in the US have increased nearly 50 basis points. Historically low mortgage rates have been the silver lining in today's competitive […]
With the step by step digitisation of all departments, the government is now set to introduce digital conveyancing to the property sphere. Below Lawyer Monthly hears from Peter Robinson, Partner at Hunters Solicitors, on the process, how things are currently run, and the potential impact and challenges to be faced. Presently, the vast majority of […]
Solicitors are being targeted by organised criminals during property purchases as it emerged red flags over home transactions surged 66% in two years, according to anti-money laundering and big data specialists Fortytwo Data. Staggeringly, nearly four in ten (37%) of all Suspicious Activity Reports (SARs) across the entire legal sector relate to either residential or […]
Towards the end of 2017, Secretary of State for Communities and Local Government Sajid Javid announced plans to make buying and selling homes ‘cheaper, faster and less stressful’. Amongst his proposals was to clamp down on ‘gazumping’ which sees a buyer lose out on a property at the last minute after a higher offer is […]
Antonio Ricardo, an expert in real estate in Brazil, speaks on how the market is progressing: “With legal safety and proper structure of the business, there are few chances of losing money in the real estate market in Brazil.” With cryptocurrencies being all the rave, he touches on how Bitcoin will affect the real estate […]
The Chinese government has formalised its restrictions on foreign investments, which will curb investment in US real estate and require further scrutiny from relevant Chinese agencies on properties over $1 million. “This restriction will cause a decrease in available capital and buyers, especially for high-end real estate, where, historically, transactions with astronomical prices had foreign […]
More than three-fifths of university students in the UK say securing a rental property tops the list as the most stressful part of their university experience, new research by SPCE has revealed. The research found that 61% of current university students find securing a rental property one of the most stressful parts of their entire uni […]
The conveyancing process usually involves the input of a chartered surveyor, often carrying out a simple mortgage valuation or a more detailed report. Here Robert Desbruslais, Director at Desbruslais Chartered Surveyors gives lawyer monthly his top ten advice points that will help conveyancers guide their clients. 1. A valuation is not a survey A residential […]
Following a turbulent 18 months for the UK, the arrival of 2018 brings with it a number of reasons for optimism. Below Lawyer Monthly hears from Paresh Raja, CEO at MFS, on real estate, housing and property developments to look forward to in the coming year. Since the EU referendum in June 2016, the country […]
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