Hennessy Bowie Solicitors News

The latest legal news from Hennessy Bowie & Co

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Recent blog posts

A recent survey of new home buyers in Scotland has apparently revealed record levels of satisfaction amongst customers.

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Posted by on in Conveyancing

New data released by the Nationwide reveals that UK house prices increased by 0.4% in March 2014 and were 9.5% higher than March 2013. This means that average house prices are now around 3% below the peak values of 2007.

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Posted by on in Conveyancing

According to figures released by the UK Government this week, more than 17,000 people have used the Help to Buy scheme to buy a new home.

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Interesting new data from the Council of Mortgage Lenders (CML) has revealed that the number of loans made to first time buyers (FTB) in January 2014 was up by 38% compared to the figures for January 2013.

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Posted by on in Conveyancing

House prices in the latest three months (December 2013-February 2014) were 2.1% higher than in the preceding three months, according to the latest Halifax House Price Index.

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There has been more encouraging news on the property front, with recent figures from Nationwide revealing that UK house prices increased by a further 0.6% in February this year.

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In the final months of 2013, the number of loans for house purchase in Scotland reached its highest level since the second quarter of 2008, new CML data shows.

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Posted by on in Conveyancing

People who have bought or sold their homes are being invited to put forward their views on how the Home Report can be improved or adapted to suit the needs of buyers and sellers in the current housing market.

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The growth of the UK housing market is being severely restricted by the lack of homes being put up for sale, and this shortage of homes is also causing house prices to rise in some parts of the country.

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Posted by on in Conveyancing

Newly released figures from Registers of Scotland reveal that the number of residential properties sold in Scotland in the third quarter of 2013 was up 26.1% on the same period in 2012.

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Figures released this week by Nationwide, reveal that UK house prices increased by 0.7% in January and were 8.8% higher than in January 2013.

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More than 1200 households have applied to the Scottish Help to Buy scheme, the Scottish Government has announced.

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According to the latest Lloyds Bank Homemovers Review, 337,500 people have moved up the housing ladder in 2013, as rising house prices have given homemovers a higher level of deposit for their next property.

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Posted by on in Conveyancing

In just 12 weeks, nearly 750 homeowners have completed their house purchases and hundreds were able to spend Christmas in their new homes, according to the latest figures from the government.

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Posted by on in Conveyancing

A recent report from the Council for Mortgage Lending (CML) has revealed interesting data regarding the profile of UK lending in October 2013, including first-time buyer, home mover, remortgagor and buy-to-let lending. 

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Posted by on in Conveyancing

The housing and mortgage markets look set to continue to show greater levels of activity in 2014, according to the latest forecasts from the Council of Mortgage Lenders (CML).

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Posted by on in Conveyancing

Interesting figures released by Nationwide Building Society reveal that UK house prices increased by 0.6% in November 2013, with the average house costing £174,566 in November compared to £173,678 in October 2013.

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There has been more encouraging news from the Council of Mortgage Lenders (CML), which recently reported that the third quarter of 2008 saw the highest quarterly lending level in Scotland since mid-2008.

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The third quarter of this year has seen another welcome fall in the number of mortgages in arrears and repossessions, according to the latest survey results from the Council of Mortgage Lenders (CML).

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Two of the UK’s major mortgage lenders have reported that thousands have applied for mortgages under the extended help to buy scheme during its first month, according to the BBC.

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