Homebuyers Reports

New mortgage lending rules are coming into force on April 26.
The changes - implemented by the Financial Conduct Authority (FCA) - are being introduced under a Mortgage Market Review (MMR).
They are designed to ensure people only take out a mortgage they can afford, and to prevent a recurrence of the irresponsible lending practices of the past.
The rules are aimed at mortgage lenders and advisers but will mean your mortgage application could take longer to complete and may be more complicated.
Getting your mortgage approved could also become more difficult.

The national housing market reported another increase in mortgage lending in March.
Gross mortgage lending totalled £15.4bn during the month, up 4% on February and 33% higher than a year earlier, according to the Council of Mortgage Lenders (CML).
A BBC report says that lending in the first quarter of the year, traditionally a quiet period, was down on the previous three months.
The figures show that total UK mortgage lending in the first three months of the year was £46.3bn. This was 10% down on the last three months of 2013.

A former construction boss is on the fast track to becoming a chartered surveyor after joining McAndrew Martin.
Simon Lee has become our 18th member of staff as we step-up expansion in our 25th year.
He has started as a Trainee Surveyor after graduating with a Masters Degree in Property Development from the University of Portsmouth School of Civil Engineering and Surveying .
Simon, who is 51, is on the Royal Institution of Chartered Surveyors (RICS) fast-track graduate course to professional Membership because of his experience and background.

We're set to employ more staff after a surge in demand for surveys by house-buyers.
We are carrying out 40 per cent more reports this month, February 2014, compared with February 2013 as the housing market and wider economy gains pace.
The increased instructions come as the Office for National Statistics (ONS) found that average house prices nationwide hit £250,000 for the first time - and as the Bank of England indicated that interest rates would not rise for some time

McAndrew Martin has merged with a design and building services related company.

We have taken over the Brunel Design Group as the business continues to grow.

Staff from Brunel Design Group led by Structural Engineer Noor Awan are moving from their offices in Fareham to our headquarters at the Fairway Business Centre in Portsmouth.

The merger has bolstered the wide range of specialist services and depth of expertise we provide - including an in-house structural engineering service.

McAndrew Martin is setting its sights on expansion in 2014 after a record year.

We are aiming to boost staff numbers and step-up its residential and commercial work as we celebrates our landmark 25th anniversary in 2014.

The ambitious plans come after we enjoyed our best ever year in 2013 with a bumper 40 per cent increase in turnover amid an improving economy.

Bill McAndrew, who is Managing Director of the company, said: "All at McAndrew Martin are looking forward to our exciting 25th anniversary year of 2014 with great confidence.


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