Industry News - Residential Property Law - Lack of legal regulation 'a problem for housebuyers'

12/03/2010
Stonemason companies urged to adhere to personal injury employment law
Stonework companies in the London area have been urged to ensure they have appropriate health and safety measures in place to prevent personal injury in the workplace.

12/03/2010
Tribunal makes ruling on holiday leave pay
An employment tribunal has made a ruling which experts believe could open the floodgates for more claims from employees.

11/03/2010
Farmer's amended will overturned by judge's decision
A judge has made a ruling that will see the second will drawn up by an elderly farmer overturned in favour of an earlier document.

11/03/2010
Police female recruitment drive 'is discriminating against men'
A police drive to recruit more women could have a discriminatory effect on men, it has been claimed.

11/03/2010
Men 'are more likely to become insolvent than women'
New figures have revealed that men are more likely to require the use of an insolvency lawyer than women.

Industry News

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.

Spokesperson at pressure group PricedOut.org.uk Katy John commented that this group is "bearing the brunt" of a lack of regulation in the past decade.

She said: "If there had been better regulation of bank lending over the last ten years, there would be a better choice of sensible, affordable mortgages available today."

However, high prices are still the biggest problem, she said.

Those keen to get on the housing ladder may wish to see a property lawyer about how to deal with the various legal aspects.

One major problem for first-time buyers has been the lack of high loan-to-value (LTV) mortgages.

Figures from price comparison website moneysupermarket.com have shown that since January 2008, the number of deals at 90 per cent LTV or higher has fallen by 97 per cent.

Written by Laurence Smith
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09/03/2010
More people used a conveyancing lawyer last month, report finds
More people sought the advice of a property lawyer with a view to buying a house in February 2010 than was the case in the previous month.

09/03/2010
2010 'will be a good year for landlords'
This year could be a good time to seek a conveyancing lawyer with a view to purchasing a buy-to-let property.

22/02/2010
Evictions fall as landlords sympathise with good tenants
The number of evictions from rented properties is falling as landlords seek to retain good clients and sympathise when they are in financial difficulties.

19/02/2010
January's mortgage lending figures 'affected by stamp duty holiday'
January's downturn in mortgage lending is not necessarily a sign that the residential property market is slowing again, according to the Council of Mortgage Lenders (CML).

17/02/2010
Conveyancing experts predict more mortgages in 2010
Experts in the field of conveyancing believe there will be an increase in mortgage activity during the first quarter of 2010.

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