McLennan Adam Davis Blog & News

The latest criminal, litigation, road traffic, personal injury, conveyancing and family law news, blogs and announcements from McLennan Adam Davis.
McLennan Adam Davis

First-Time Buyers Struggle to Raise Deposits

A record number of first-time buyers are now relying on financial help from family members in order to get a foot on the property ladder, according to new research from the Social Mobility Commission. The ‘bank of mum and dad’ is often the lender of choice for many would-be home owners.

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McLennan Adam Davis

Government Urged to Act on Retirement Housing

Two separate organisations representing the interests of older people have called for a “revolution” in housing provision to better meet the housing needs of people in retirement.

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McLennan Adam Davis

Housing Market Needs More Houses

The UK Government recently published a White Paper on the housing market in England, describing it as “broken”.

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McLennan Adam Davis

Rise in Number of First-Time Buyers

The number of first-time buyers in the UK rose by 7.3% in 2016, from 312,900 in 2015 to an estimated 335,750, according to the latest Halifax First-Time Buyer Review. This is apparently the highest level since the start of the financial crisis in 2007 (359,900).

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McLennan Adam Davis

Scottish Housing Market Update

There was a rise in the average price of a property in Scotland in October 2016, taking the average price to £143,131, the latest UK House Price Index (UK HPI) has revealed. This is an increase of 4% over the previous year, and an increase of 1% compared to September 2016.

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