Whether you are buying or selling a property there are several things that should be considered over and above the transaction itself. These considerations include the more obvious things like finances, insurance and utilities. One of the most common things that is often overlooked in this process is the creation or updating of your will. …
September summary: Demand for properties outstripping supply Interest rates and lending criteria underpinning the level of borrowing Time on market for properties reducing Increase in the number of properties now going to closing date Monthly rental costs also on the rise Sellers delight September is traditionally a busy month for property sales and this year…
If you’re thinking of selling your home or investment property, the starting point for most people is to get an idea of what price it would likely sell for on the open market. Whilst online tools and research can give you a rough indication, the best bet is to arrange a valuation or pre-sale appraisal…
What’s happening with property prices? What has the effect of Covid and lockdown measures been on the market? And what does the property market look like moving forward as restrictions start to ease? If you are curious about the property market in 2021, read on! Who could have predicted these market conditions? If I’d had…
The Scottish Government has updated its guidance on home moves in light of the enhanced restrictions that it brought into force on 22 September 2020. The Law Society of Scotland sent the legal profession an update earlier today, as follows: “As per the original Guidance dated 29 June 2020, all home moves will continue to…
As lockdown continues at the beginning of May 2020, for anyone thinking of selling or buying as property this is a great time to get your ducks in a row so that you are in pole position for when restrictions begin to be relaxed. Here are some handy hints for potential property sellers or buyers…
If you’re an investor or property owner, you might be trying to call the ‘peak’ of the market during the Coronavirus COVID-19 outbreak. Many people will not want to sell their property now because they perceive that they may have missed the ‘peak’. Everyone wants to get their timing just right and to sell at…
Sellers Should Beware of Perceived ‘Losses’ That Don’t Exist in Reality A hypothetical example… Somebody bought a property in 2012 for £240,000. They see a similar property sold in December 2019 for £340,000, with a Home Report valuation of £280,000. Their own property is today valued at £300,000, with a likely Home Report valuation of…
Why Now is the Time to Sell if You Think Coronavirus Will Have a Negative Effect on the Market For property sellers who are thinking of ‘waiting until this all blows over’, there are a couple of important things to consider. Timescales If you need to move or to get your property sold, we expect…
In Spite of Coronavirus, It’s a Good Time to be Buying and Selling Property in Scotland In response to the current outbreak of coronavirus (COVID-19), a lot of people are asking whether it is still a good time to be buying and selling or whether they should wait until the coronavirus (COVID-19) outbreak has passed. …
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