News Archive for April - 2018

Property purchases for buyers requiring mortgages reached 50,000 in February, the highest level for the month since 2007.

The data, from mortgage lenders� trade organisation UK Finance, also reveals that lending for first-time buyers, home movers and remortgagers increased in February this year compared to 2017, equating to �4bn in new lending.

There were 25,200 new first-time buyer mortgages completed in February 2018, up about 2.4 ...

The first-ever �digital mortgage� deed has been lodged at HM Land Registry, for a property at Rotherhithe in London.

Coventry Building Society and Enact Conveyancing filed the document which did not require a witness to watch as it was signed and did not require the home owner to write a conventional ink signature.

This new service involves a conveyancer creating a digital version of a mortgage deed, the borrower signing the deed ...