Last chance! Add your voice to your local Housing Crisis roundtable Calling all practicing conveyancers, Heads of Residential, Heads of Commercial, and Professional Support Lawyers… The tmpropertyhub Autumn series is just days away, bringing together local property professionals to discuss whether the Government is doing enough to address the Housing Crisis. With limited places remaining, please book now to avoid disappointment. • Solihull: 11th September: Click here to register • Harrow: 11th September: Click here to register • Manchester: 12th September: Click here to register • Kingston-Upon-Thames: 12th September: Click here to register • Nottingham: 13th September: Click here to register Facilitated by tmgroup, tmpropertyhub roundtable events are bite-sized, 2-hour sessions that bring representatives from all parties involved in the property transaction together for roundtable table discussions about their local property market – without compromising their busy schedule. Can’t see a location near you? A further 6 roundtable discussions will be taking place from 9th October onwards. Take a look: • Leeds : 9th October : Click here to register • Bristol : 9th October : Click here to register • Liverpool : 10th October : Click here to register • Southampton : 10th October : Click here to register • Northampton : 11th October : Click here to register • Cardiff : 11th October : Click here to register For more information and to register, click here. If you have any questions, please contact Hannah Dukes on Hannah.Dukes@tmgroup.co.uk or call 0800 840 5571Tweet 3. September 2018 14:13 Megan Comments (0)
5 Things Property Professionals in Liverpool have been talking about this year Here are just some of the conversations conveyancers, lenders and other property professionals have been having at our tmpropertyhub events in Liverpool across 2018… 1. “Second-time buyers are the ones really disrupting the housing market” “I think it’s the people on their second moves that pose the real challenge to the housing market. They want to move up to get into the next location, but the differential cost is sometimes prohibitive. Many of them are at a time in life where they’ve got children and high outgoings, which makes it harder to move up the ladder. For the most part they don’t get any assistance – but if they don’t move, the first-time buyers can’t move either.” 2. “Help to Buy is being used by a lot of wealthy people – not those it was really intended for” “We’ve had some clients with exceptionally wealthy parents who are still going down the Help to Buy scheme route. I’ve also seen wealthy clients buying up new builds, not because they need to, but because they get to take advantage of Help to Buy, as well as Help to Buy ISAs to a certain extent. I do find myself thinking that it really wasn’t designed for them – yet they are the ones able to take advantage of it.” 3. “Landlords are selling up due to tax and regulation changes – and adding to the housing supply” “We’re seeing a lot of landlords selling up due to tax changes and new regulation coming in. It’s not for the amateur anymore. It’s just too expensive, and you can’t cover costs – so they are getting out. There are some positives to this. Now’s probably the right time for Landlords to get out, as they’ve made their capital return, so they aren’t losing out. This is also adding to the housing supply and helping the property market.” 4. “The rise of ‘The bank of mum and dad’ is forcing conveyancers to adapt their process to manage the extra work” “The bank of mum and dad is not a new phenomenon, but in terms of volumes right now, it’s almost one in two. We can’t just let the mortgage offer expire because of the extra work either. We just have to adapt our processes and our workforce, so that we can deal with the actual work. We don’t charge for it. As far as we’re concerned, you just have to make sure you service the needs of the clients.” 5. “‘The bank of mum and dad’ is supporting second-time movers too” “First-time buyers are getting a lot of help right now – from the government with Help to Buy ISAs, as well as their parents with ‘the bank of mum and dad’. However, we do see second-time buyers also making use of ‘the bank of mum and dad’. Probably not as many, but it does happen. It depends on whether they’ve generated any equity their first house.” Are you noticing these trends in your local area? Want to join the next conversation in Liverpool? Our autumn tmpropertyhub is taking place on 10th October. Click here to register and find out more Not based in Liverpool? Don’t worry! Our tmpropertyhub events are also taking place across a further 10 locations this autumn - from Leeds to Southampton. Click here to find out if we’re coming to a town or city near you Source : Liverpool Property Hub : 16th May 2018 : Attended by property professionals – including conveyancers and lenders. Tweet 15. August 2018 11:09 Megan Comments (0)
Autumn series announced as Property Hub Network events continue to expand across UK Property Hub Network events are engaging an increasing number of property professionals across the country – with a combination of NEW and returning locations taking the series up to 11 events this autumn. Facilitated by tmgroup, Property Hub Network events are bite-sized, 2-hour sessions that bring representatives from all parties involved in the property transaction together for roundtable table discussions about their local property market – without compromising their busy schedule. Click here to find out more about our autumn Property Hub Network events ‘The bank of mum and dad’ got Property Hubs off to an engaging start The series has gone from strength to strength since launching back in May 2018. ‘The bank of mum and dad’ took centre stage, as Property Hub Network events made their debut in Leeds, Liverpool and Nottingham. A number of key points were raised, from the choices (and compromises) parents are making to fund their children’s dreams of property ownership, to the wider impact and challenges of shared ownership options. All in all, fuelling the appetite for future debate – and demand for future events. Improving the home buying process sparked heated debate in July The July series swiftly followed with heated discussions around improving the home buying and selling process – and the addition of Cardiff, Northampton, Bristol and Southampton locations. Key points included; Delays being caused by lenders who continue to use a mix of paper and electronic processes, technology having the potential to deliver time-saving solutions, but not replacing legal expertise or customer service, and overall highlighting the importance of managing home movers expectations throughout the process. Autumn series adds another 4 NEW Property Hub Network event locations Property Hub Network events are quickly building momentum and increasing their reach across the country – with 4 NEW locations being added into the autumn series, taking place across September and October 2018. Autumn series : Part One : September • NEW Solihull : 11th September Click here to register • NEW Harrow (London) : 11th September Click here to register • NEW Kingston-upon-Thames (London) : 12th September Click here to register • NEW Manchester : 12th September Click here to register • Nottingham : 13th September Click here to register Autumn series : Part Two : October • Leeds : 9th October Click here to register • Bristol : 9th October Click here to register • Liverpool : 10th October Click here to register • Southampton : 10th October Click here to register • Northampton : 11th October Click here to register • Cardiff : 11th October Click here to register Can’t see your nearest town or city on the list? Let us know and we’ll arrange a Property Hub Network event near you! Simply click here to submit your request. Tweet 17. July 2018 12:22 Megan Comments (0)
