When somebody with a mortgage doesn’t keep up repayments on their mortgage, they will be in breach of the agreement that they entered into with their lender. The lender, to recover the money that they have lent to the borrower, can insist that the property is sold. The process of the lender taking full control…
The Nationwide bank’s monthly property prices survey suggests that property prices across the UK are remaining very static, having fallen 0.2% in the past month. http://uk.reuters.com/article/2011/05/04/uk-house-prices-fell-02-pct-in-april-nat-idUKLNE74301I20110504 Whilst this might look like bad news, after a few years of uncertainty in the property market, I’d suggest that many property owners will take stability over runaway inflation…
Green Shoots Itโs been quite a start to the year and one that we didnโt expect.ย Breathe it softly butโฆthe property market in Edinburgh at least seems to be returning to some semblance of health.ย If youโve been following my updates for some time now then youโll know that I have been fairly unoptimistic about…
Itโs the end of 2009 and I thought that Iโd stick with tradition and make my predictions as to what will happen in the property market in 2010.ย Since these are only predictions and not rocket science, and Iโll be the first to admit that I could be completely wrong with any predictions that I…
February has been a good month for significant news about the property market, with important figures and predictions emerging. For our summary of the month’s important property news, read on!
An Introduction to Quick Sale Companies: ‘We Guarantee to Buy Your House in 4 Weeks, for Cash’…Is it Too Good to be True? Times are tough in the general economy and in the property market and they have been for a few years now. As property prices have fallen over the last few years, many…
It’s a short month, February, but it’s been a good one. As well as being an Olympic year, most importantly our clients have an extra day in which to sell their properties. Nice! So what’s been happening in the property market in Scotland in February? Below is our wee recap of the month from the…
There’s been a lot written in the Press in the past few days about property prices. There’s been the usual house price reports from lenders, the RICS (Royal Institute of Chartered Surveyors) property market report, our own ESPC (Edinburgh Solicitors Property Centre) report too. The ESPC report is probably most applicable to ourselves as we…
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