Industry News - Residential Property Law - House sales per surveyor 'hit record low'

03/07/2009
Redundancy law queries 'could continue to rise'
The number of people seeking redundancy law advice could remain high over the course of the year, new data from the Chartered Institute of Personnel and Development (CIPD) has indicated.

03/07/2009
Discrimination law ruling made by House of Lords
The House of Lords has made a ruling on disability discrimination that may impact divorce lawyers in London.

03/07/2009
Heiress wins in pre-nuptial divorce case
The Court of Appeal has ruled that a German heiress should not have to pay her ex-husband the £5.8 million decided in their divorce settlement because of the pre-nuptial agreement that had been signed beforehand.

02/07/2009
'Dual discrimination' employment law changes proposed
A new employment law has been proposed by the government that it wishes to make part of the equality bill.

02/07/2009
Right to appeal for ex-wife in divorce case
A woman has won the right to appeal against a judge's decision to make her pay £5 million to her ex-husband, whose finances have been hit by the economic downturn.

Industry News

13/01/2009
House sales per surveyor 'hit record low'

The average number of transactions per surveyor fell to a new low last month, according to the Royal Institution of Chartered Surveyors (Rics).

In its housing market survey, the organisation found that over the last three months the average number of transactions per agency is now at 10.1, which is down from 10.6 in November.

This represents the lowest figure since the survey began over 30 years ago.

However, Rics claimed that there are positive signs, with 17 per cent more surveyors reporting a rise than a fall in new buyer enquiries, representing a one percentage point increase from November.

Commenting, Rics spokesperson Ian Perry said that buyer interest is now at levels "not seen since 2006".

Paul Holmes, chief executive of advisory group Firstrung, believes that the future for first-time buyers is "extremely bright" but they are going to have to put a serious amount of money away over the next year or so in order to save up a hefty deposit.
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29/06/2009
Swift legal help may be needed as undersupply reported
The number of people looking for a house is presently four times that of the total available, it has been stated.

24/06/2009
Boost in legal aid to fight repossession welcomed
An increase in the funding available to householders struggling to avoid repossession to contest court cases has been welcomed by the Money Advice Trust.

18/06/2009
Homeowners face legal issues as repossession rise tipped
Repossessions could rise to as many as 120,000 by 2011, an expert has said.

15/06/2009
Lack of legal regulation 'a problem for housebuyers'
An inadequate legal and regulatory framework has created a housing market system in the UK that has disproportionately affected first-time buyers.

11/06/2009
Accidental landlords advised of law over cannabis
People who have become 'accidental landlords' and are renting out property due to necessity should ensure they are complying with all the laws involved in letting, it has been stated.

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