Estate Agent Networking London – Where the Industry Professionals meet.
February 23, 2016
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Mortgage Rates and Human Behaviour: Why Small Changes Create Big Reactions
By Sarah Thompson, Group Financial Services Director, Mortgage Scout Mortgage rates have returned to the headlines in recent weeks, with some lenders pushing products back above 5%. Renewed market volatility has been driven in part by global uncertainty, including the conflict in the Middle East and its impact on energy markets and investor confidence. Yet…
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Nearly six in ten UK property purchases trigger AML red flags
Nearly six in ten UK property purchases now require further scrutiny under anti-money laundering (AML) rules, according to new data from client due diligence platform Thirdfort. Analysis of more than 415,000 completed Source of Funds (SoF) checks found that 57.7% of transactions contained at least one red flag, with an average of two flags per…
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Government’s Home Buying and Selling Reform
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The Draft Leasehold and Commonhold Reform Bill
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Steady March market so far despite global uncertainty
Average new seller asking prices rise by 0.8% (+£3,023) in March to £371,042, a typical seasonal increase in prices: The number of homes for sale remains at an eleven‑year high for this time of year, limiting more significant price growth and reinforcing the need for sellers to price more competitively to attract buyer interest The…
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