You’ll rarely meet anyone who claims to enjoy a UK winter. The cold season might be a time of festivities but it’s also a period of freezing temperatures, all-pervasive gloom and, usually, endless rain. However, were you to ask the average conveyancer whether the onset of winter materially affects the housing market – beyond the…
After a long, difficult winter and not much easier summer, some of the worst fears about the UK economy are beginning to ease. According to the Confederation of British Industry (CBI), Britain’s economy now looks like it’s set to dodge a full-blown recession by the skin of its teeth. The economy is now on course…
Debates about housing policy are rarely riveting affairs. But, if you’ve been paying any attention at all, you can’t have failed to notice the almighty row raging over the leasehold system. Housing Secretary Micheal Gove had initially pledged to abolish the leasehold system in January this year. However, this promise was met with stiff resistance from…
It’s not an exaggeration to say London’s rental market is in crisis. Renting in London has reached a new nadir, transforming from a ‘sometimes unpleasant’ experience to something close to a nightmare. Rents across the capital rose 17% in 2022. To put that in context, Rightmove’s Rental Price Tracker revealed that the average monthly cost of…
The last time you heard from us, things were looking bleak. January’s deep dive was packed with gloomy predictions about double-digit price falls and a slowdown in transaction numbers. However, two months is a long time in conveyancing and things are looking a little brighter as we head towards the end of March. After five…
2022 was a turbulent year in almost every way imaginable. From geopolitics to the UK economy, this year will go down as a nadir, even after the trials of COVID-19 in 2020 and 2021. However, for most of the year, the housing market was a rare source of good news for anyone working within conveyancing….
The elaborate game of musical chairs that is UK politics continues apace. And, this time, the music stopped with Rishi Sunak. By this point, you’ve probably got a fairly good idea of what Rishi Sunak (or at least his PR) is all about – fiscal responsibility, economic stability, and housing reform. But, with house prices…
As the dust settles on (another) Tory Leadership contest and Liz Truss emerges victorious, attention turns to the new cabinet. And amongst the high-profile demotions and political musical chairs, we have a new housing secretary – the fourth this year. Taking the hot seat is Teeside MP, Simon Clarke, replacing Greg Clark (confusing, eh?) who…
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