2009 NEWS ARCHIVE
MORTGAGE APPROVAL INCREASE A SIGN OF IMPROVEMENT?
July 2009
AN East Lancashire property expert has welcomed news that mortgage approvals hit their highest level for more than a year in June in the hope that it could be a sign that the market is improving.
The Bank of England has announced that approvals for home loans totalled 47,584 – up from 44,169 in May, and [...]
THE RETURN OF GAZUMPING?
May 2009
A Lancashire property solicitor is reporting a recurrence of gazumping – a practice usually only found when the property market is buoyant.
Gazumping occurs when the sale has been provisionally agreed, but contracts have not been exchanged (and therefore a legal commitment in place), and the buyer is out–bid by another buyer making a higher offer.
Gazumping [...]
FIRST TIME BUYERS CAN HELP KICKSTART MARKET
March 2009
AN East Lancashire property expert is urging first time buyers to take advantage of low prices now, as it is revealed prices are beginning to creep up again.
Graham Ireland, partner with Haworth & Nuttall, a law firm with offices in Blackburn, Accrington and Great Harwood, believes one of the key reasons the market has stalled [...]
PROBATE WORK MUST BE DONE BY AN EXPERT, WARNS SOLICITOR
January 2009
AN East Lancashire solicitor is reporting that more people are attempting to deal with the estate of a recently deceased person without consulting a solicitor.
Peter Barnes, partner with Haworth & Nuttall Solicitors, a law firm with offices in Blackburn, Accrington and Great Harwood, is warning that trying to save money on ‘probate services’ – settling [...]