Reconsidering PII
Posted by: Westcor International
Recently many firms would have geared up for the traditional PII renewal date at the beginning of October. But in order to keep their PII premiums down conveyancers need to address their risk profile.
Opportunity knocks as banks clamp down
Posted by: Westcor International
The number of traditional lenders introducing stricter criteria for conveyancers wishing to join their legal panels is growing month by month. Metro Bank and Newcastle Building Society are just two of an increasing band of lenders to set more stringent requirements for any law firms wishing to join their conveyancing panels.
Holding profit margins: reducing the pressures imposed by peer to peer lending
Posted by: Westcor International
Average deposits for house purchases now sit at just under the average annual salary, which means that more capital is needed to be raised for the purposes of individual or buy to let purchases. As a result, buyers are looking to alternative sources of revenue, including financial assistance from parents and peer to peer loans.
Property fraud claims increasing
Posted by: Westcor International
Despite efforts to combat fraud in property transactions, nearly 10 million pounds worth of compensation claims were received by the Land Registry last year.
Providing strong foundations?
Posted by: Westcor International
The Government's proposed planning and housing sector reforms attempt to address the housing shortage, but what do they signify for housebuilders and what are some of the corollary implications for funders and solicitors who act for these parties?
Most Popular
Tags