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Signs of a recovery in buyer enquiries

It seems that the minds of most commentators are focussed on when we will see an upturn in the housing market.

I am sure this question was also on the minds of the Monetary Policy Committee when its members met last week.

I’m starting to see positive signs, although of course there is a lag in house price statistics as today’s completions relate to prices agreed a few months ago.

I know I will be criticised for predicting a false dawn but that also happened when I warned of problems in the market before the credit crunch, when I was seeing an increase in mortgage litigation cases.

So what’s making me positive now? First, estate agents are reporting a higher number of enquiries.

And second, I have seen a significant increase in brokers putting case enquiries through Mortgage Promotions’ free e-mortgagedesk.

This means increased enquiries in estate agents’ branches are feeding through to brokers’ offices. Now all we need is for lenders to start lending again.

Of course, as someone once said, the problem is that you don’t see the bottom of the market through the windscreen – you see it in the rear view mirror.


Good riddance

It hasn’t had the best reputation and in many ways made itself an easy target but the banning of single premium payment protection insurance, while not surprising, is important for the industry.

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In Focus — February 2015

Jelf Employee Benefits looks at the issue of paying anaesthetist fees when the patient had no chance to discuss or agree to them prior to care; and provides recommendations for avoiding this scenario.


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