The professional body
for the property sector

The threshold of the Open Market Shared Equity Scheme in Scotland – which allows people to buy a home without having to fund its entire cost – has been raised by 9 per cent to reflect rising house prices.

HOUSING REPORT: Agents reporting average time from offer accepted to exchanging contracts has been growing over the past two years. This month hit a new record with 41 per cent of agents reporting average times stretching over four months. We are continuing to see the evidence of a summer dip as buyers and sellers turn their attention to holidaying.

In May 2021, the UK Government introduced a new 'breathing space' scheme in England and Wales which gave people in serious debt a 60-day break from creditor action. The new proposals for the introduction of a Statutory Debt Repayment Plan (SDRP) represent the second part of the UK Government’s plan to help people repay debt payments.