Latest Blog

15 Jan

property market

Savills points to ‘Boris bounce’ in property market

The UK property market is enjoying a "Boris bounce" with an increase in house sales since the December general election. Leading estate agent Savills says its profits are expected to be up thanks to an unexpected rise in activity at the end of a relatively flat 2019. Meanwhile, it pointed to how its own house sales were outperforming the overall property market, "in particular taking share i...

14 Jan

leasehold reform

Leasehold reform should make system simpler and cheaper

Homeowners living in leasehold properties in England and Wales could save thousands thanks to leasehold reform proposals. The Law Commission wants to make it easier and cheaper for leasehold homeowners to extend their lease or buy the fr...

7 Jan

1st-time buyer deposit

1st-time buyer numbers up again but home deposit still an issue

First-time buyer numbers in the UK are continuing to recover, but raising a home deposit is still an issue for many aiming to become homeowners. That's the conclusion of the latest House Price Index from the Nationwide Building Society. ...

6 Jan

empty homes

Nationwide calls on Government to back empty homes fund

The Nationwide is leading calls for the Government to establish a fund that will help fill 226,000 empty homes in England. The UK's biggest building society says £185 million in an Empty Homes Fund would bring abandoned or unused propert...

1st-time buyer numbers at highest level since 2007

First-time buyer numbers in the UK reached their highest level since 2007 last year. Figures for newcomers to home ownership are slowly returning to the levels they reached before the financial crisis of 2007-09. Yorkshire Building So...

2 Jan

house prices

UK house prices treble in 20 years

UK house prices have more than trebled since the start of the 21st century. Analysis by the Halifax has revealed that the average price of a home has risen by an incredible 207 percent in the last 20 years. In Greater London, the rise...

20 Dec

festive opening hours

Homeward Legal’s festive opening hours

Tis the season to ... buy and sell property! We know life never really stops, even for the Christmas and New Year Period, so Homeward Legal will be open for business over the holidays. Whether you want to kickstart a home purchase or sal...

Big drop in cash buyers across the UK

The number of cash buyers in the UK property market is at its lowest level since 2007. Less than a third (28 percent) of homes were bough...

How much will stamp duty cost?

“How much will stamp duty cost?” is one of the most common questions we receive here at Homeward Legal. And it’s no wonder, since stamp d...

Mortgage lifeline for zero hours workers

Those who work on zero hours contracts have been offered a mortgage lifeline by HSBC. The banking giant has reviewed its mortgage and remort...

Bank of England keeps interest rates low

Interest rates are expected to stay low thanks to continued uncertainty over Brexit. The knock-on effect of that is mortgage interest rates ...

Brexit warning on house prices

The price of property in the UK could plummet in the wake of a no-deal Brexit. Accountants KPMG have predicted that house prices across t...

Shop at John Lewis for a home extension

Homeowners and those looking to buy a place of their own might be keen on browsing the shelves of the John Lewis department store for furnit...

Paying stamp duty in Wales

There are now three distinct land tax regimes in operation across the UK. Stamp Duty Land Tax applies in England and Northern Ireland. Rathe...

Why the 40-year mortgage is now the norm

Lenders are moving towards offering more longer-term mortgages. Where once 25-year terms were the norm, more lenders now give borrowers the ...

Festive opening hours at Homeward Legal

The festive season is upon us, but at Homeward Legal, we know the hunt for a new home or the urge to sell your property doesn't wane with th...

Bank of Mum and Dad feeling the pinch

One in four of all UK housing transactions will be financed by the Bank of Mum and Dad (BoMAD) this year alone. But new research by financia...

More 95% mortgages on offer to borrowers

The UK mortgage market is seeing more 95 percent mortgages on offer. Lenders are now more willing to lend a borrowed five-and-a-half-times t...

For homeward regal, call Homeward Legal!

The big day went without a hitch. Cheering crowds waved flags as the betrothed couple pledged their lives to each other. Now they are ready ...

Average UK house prices hit record high

The average price of a UK house is at record levels, according to figures from the Halifax. The bank's monthly House Price Index revealed th...