Our buying and selling process has been in need of reform for many years; the impending trial of Reservation Agreements gives some hope of much-needed change. The Law Society Gazette reports: "Reservation agreements to lock in home buyers and sellers to a transaction could be...
From 1st June 2019, the maximum Deposit landlords will be able to request is a security/damage deposit of five weeks’ rent and agents will only be able to request a holding deposit of one week’s rent when tenants apply to rent a property. The holding deposit must...
Yorkshire Building Society is reporting the number of first-time buyers purchasing homes with a mortgage now represents half of the property market. Figures published 2nd January 2019 by Yorkshire Building Society also reveal that first-time buyer activity funded by home loans is...