“The residential property market remains subdued following a 1.4% increase in the number of transactions between April and May. The latest figures show that sales are still struggling to equalise following the surge in transactions pre-Stamp Duty deadline, alongside a slip in consumer confidence caused by the forthcoming Referendum vote.
“The looming EU referendum means would-be buyers … more
On average, 70% of all homemovers move less than 20 miles from their old property
Of those who do decide to move further afield, most choose to travel no further than into the next region
Homemovers are happiest moving across the country (East to West and West to East) strengthening the North-South divide
British homemovers are a nation of ‘homebodies’, according to … more
My Home Move, the UK’s leading provider of mover conveyancing services, has been added to the TMA Mortgage Club Conveyancing panel to provide a conveyancing service for its members.
The new offering, which is set to launch this month, will utilise My Home Move’s multi award-winning online case-management service, eWay.
Intuitive design and innovative mobile-friendly technology allow eWay to … more
“The huge monthly fall in property transactions in April is in line with the industry’s expectations, and was driven by investors bringing forward purchase to beat the clock on the stamp duty changes. With thousands of pounds potentially at stake there was a clear incentive for landlords to complete ahead of the April 1st deadline, and the falling off of transaction volumes confirms the vast … more
New report launched today (Bricks and mortar in a digital world: fifteen years of the property market) reveals:
Between 2015 and 2020, housing transactions are forecasted to rise from 1.23m to 1.49m
Econometric analysis demonstrates the importance of first-time buyers’ access to high LTV mortgages for the health of the market
Industry insights and predictions from leading figures over the future … more
90% of property professionals believe we’ve entered a ‘new norm’, where the housing market is dominated by a lack of stock and high prices
65% of property professionals believe leaving the EU would have a positive impact on the UK housing market, whilst 53% of home movers are undecided on which way to vote
61% of property professionals believe greater Government assistance … more
“Nation-wide house prices were 6.7% higher in March than twelve months before, racing ahead by over 10% in London, the South East and East of the country. This reflects heightened activity ahead of the new stamp duty surcharge – the market has since cooled and with the Brexit Referendum on people’s minds, we are expecting an uncertain few months.
“The latest rises push London& … more
“These official figures show the huge scale of desperation for buy-to-let investors and second-home buyers to beat the new 3% stamp duty surcharge. The 42% monthly increase also shows just how well the industry pulled together to help push property purchases over the line, with whole chains dependent on successfully completing before the end of the month.
“March was the busiest month we … more
Average deposit for a Greater London property is nearly three times, 170%, more that of the rest of the UK, at £127,000
Average deposit has increased by nearly £30k (30%) for the capital’s home movers in the last three years
Average UK* deposit size as a proportion of purchase prices decreased by 1.8% since 2013, but home movers’ deposits remain vast as house prices increase … more
My Home Move, the UK’s leading provider of mover conveyancing services, has been named as National Conveyancing Firm of the Year at the ESTAS Awards 2016.
The ESTAS celebrate the excellent standard of customer service delivered throughout the year by those in the residential property sector. Each award is voted for by customers of the shortlisted companies.
Speaking of the award win, Doug Crawford, … more