Weekly Wrap – 27th September 2024

Introducing this Friday’s Weekly Wrap, where we bring the news to you. 

Every Friday we are ending your work week by wrapping up the last 7 days of news for you by choosing some key updates and events to share. This news will cover everything property, from estate agent fees to broker updates to government policy, and be a sure way for you to finish your week up to date.

In the past seven days we have seen updates on lenders’ application processing times, council tax, and fraud. Let’s take a peek at this week’s industry news:

1. 1. Lenders’ application processing times have reduced from 14 to 10 days
   2. Housing transactions up 10% in August
   3. Relief for solo dwellers as Labour Party confirms it won’t scrap council tax discount
   4. Banks must refund fraud in five days but losses capped at £85,000
   5. Average two-year fixed rates fall 1.14% in a year