Why does conveyancing take so long? The national average timeline for a property transaction is approximately 12 weeks, but why does the process take so long? The main reason is because of the value of what is being traded and the complexity of the legal difficulties surrounding property in this country. If you’re spending [...]
The property industry The property industry is littered with numerous reports, figures, publications, articles and general feelings. But what use are they? I recently read an article saying that a national provider of agency sale boards was reporting a huge increase in the number of sales recently and that this was a good indication that [...]
My sister, the big spender My sister rang tearfully last night to tell me that she could no longer come up to the smoke for our annual sister bonding shopping trip. She explained that she was up to, and possibly overflowing from, her overdraft limit. This is not a new conversation with Tasha, my much [...]
House prices rebound to 12-month high House prices appear to be on a constant rollercoaster ride. The latest figures reveal that prices are at their highest level for over a year, this is giving hope to those waiting for the property dip to be over. A rise was seen of £526 in July taking the [...]
A generation of renters The consistent rise in the cost of living means that many potential homeowners are being denied the chance to purchase their first home. Those that may have had surplus funds are finding that any spare cash is now being sucked into everyday living costs. Utility bills, council tax and insurance are [...]
The country cottage The country cottage has long since been the dream home of choice for many. There are romantic visions of quaint little stone dwellings, roses growing around the door, a little pathway leading to a picket fence. The fashionistas have all trouped down to ‘their little place’ in the country. The truth is [...]
Attractive mortgages for first time buyers The government are nudging lenders to offer better rates for those offering limited deposits. The best of the bunch are listed below: The Yorkshire Building Society is currently offering first time buyers a fixed rate of 5.39% until September 30th 2013. The loan-to-value ratio is 90%, the maximum advance [...]
Time to buy? Homeowners are unsure whether to go for a tracker mortgage or fixed. If they opt for a capped tracker they are having the best of both worlds. They have a low tracker rate set at 0.5% whilst having peace of mind of a cap to the rate when the base rate rises. [...]
How to be that little bit more appealing to mortgage lenders It is about to become really cold and lonely out there for those trying to get a mortgage. The potential threat of job losses and the fall out from that is starting to take effect as lenders tighten their lending criteria even more. The [...]
Students are aiding the property market Aberystwyth is bucking the trend, recording the strongest price growth of any other university town or city over the past decade. There has been a leap of 144% in property values over this period, keeping the town away from the property dip that has hit most other places. It [...]
Tracey launched the Convey News website in 2008 to provide consumers with a guide to the intricacies of Conveyancing and the problems and pitfalls that can make the moving / conveyancing process a stressful experience. The website includes up to date information and news of what is happening today’s property market and useful tips and advice on the house moving process.
Over the last 10 years Tracey has worked in both Conveyancing and management roles in Solicitors and Licensed Conveyancing practises, ranging from High Street practices to specialist Conveyancing businesses and has also had the pleasure of working as an Estate Agent.
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