The past month has seen a variety of conflicting reports in the Press about property prices ranging from โExperts say house prices could plummet by 40 PER CENT in crash similar to 1990sโ to articles about house price rises causing a lack of affordability for buyers. In the face of such varied reporting, here is…
The cost of selling a property in Scotland includes not only fees payable to the solicitor and estate agent but also monies payable, on the sellerโs behalf, to other companies or governmental bodies. โSearchesโ are a significant part of these conveyancing โOutlaysโ yet many clients donโt know what they are paying for or when. This…
Evie Moir joined MOV8 in January 2017 as one of our Senior Negotiators. Here, Evie talks us through what a typical day entails, her responsibilities and what she enjoys the most about being a Senior Negotiator. ย ย โEvery morning when I come into the work, the first thing Iโll do is print-off any Offers that…
Scottish property market shows resilience as house price growth and sales fall across the rest of the UK This month, the BBC and various other news outlets reported the latest Halifax House Price Index which showed an easing in the growth of property prices across the UK as a whole, with year-on-year house price increases…
The UK General Election results are in and we have a โhung parliamentโ, with no one party being able to form a majority government for the second time in seven years. So, is the General Election result likely to be good or bad for the Scottish property market? Ultimately, whether itโs a majority coalition, a…
A recent report published by Legal & General showed that the so-called โBank of Mum and Dad (BOMAD)โ will finance 26 per cent of all mortgages in the UK in 2017, placing it in the Top 10 of the UKโs top lenders. With mortgage approvals reportedly having dipped for the second month in a row,…
We are commonly asked whether there is an advantage to selling your home through the same solicitor who did your purchase. With about 50% of properties in Scotland being sold through solicitor estate agents, itโs quite easy to find a solicitor in most parts of Scotland who can also market your home for sale. Itโs…
Property Prices Rise as Sellers Market Continues Continuing the trends that we have seen so far in 2017, the latest reports published by ESPC show that the price of property throughout East Central Scotland is continuing to rise and that selling times are continuing to fall. The most recent statistics show that the average price…
After the EU Referendum, recriminations and subsequent political infighting, Article 50 was finally triggered on 29 March 2017, marking the start of the process of the United Kingdom leaving the European Union. So, what exactly will โBrexitโ mean for the property market in East Central Scotland, Scotland and the UK as a whole? Isabelle Taylor,…
One of the most commonly asked questions by property sellers is: โWhen do I get my money after my property sells?โ. However, we were recently asked a similar question: โWhy do solicitors still settle by cheque when I could get my money much more quickly if they settled by CHAPS [same day, paid-for electronic transfer]?โ.…
ยฉ2025 MOV8 Real Estate, Reg. No.SC 316603, Incorporated legal practice regulated by the Law Society of Scotland