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Property Market Update June 2014 – Press, Prices and Comment by MOV8 Real Estate
Read more: Property Market Update June 2014 – Press, Prices and Comment by MOV8 Real EstateIt’s been a busy old month in Scottish property news, with lots of seemingly contradictory stories coming out. So what is the real picture? Is an interest rate rise imminent? What effect has the Mortgage Market Review had so far? We are now almost halfway through the year and about as far into the World…
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Will the Mortgage Market Review Changes Have an Effect on the Property Market in Scotland
Read more: Will the Mortgage Market Review Changes Have an Effect on the Property Market in ScotlandThe changes that came into force regarding mortgage lending at the end of April have been a hot topic in the press this past month. http://www.heraldscotland.com/business/personal-finance/tougher-rules-will-hit-buyers-looking-for-loan.24054191 The main change brought in by the Mortgage Market Review (MMR) is that people now have to go through more stringent affordability checks and to provide more information about spending levels.…
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Buying a property to be used as a home versus buying as an investment
Read more: Buying a property to be used as a home versus buying as an investmentBuying a property to be used as a home versus buying as an investment – what are the main things to take into account? There are two main reasons that people buy a property: as the perfect home for themselves and their family, or as an investment that they plan to make money on, either…
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First impressions count – the importance of kerb appeal
Read more: First impressions count – the importance of kerb appealAre you thinking about putting your home on the market this summer? If so, have you given consideration to the exterior of your home? We all know that it’s a great idea to make the interior of the property look as attractive as possible to potential buyers: for example, we’ve all heard of the concept…
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Property Market Update May 2014
Read more: Property Market Update May 2014After the Easter holiday, May has been a month punctuated by various bank holidays, local holidays and public sector holidays, seriously affecting the ability to settle house sales or arrange mortgage finance or find property buyers who weren’t away to the coast for the weekend. In spite of this, the property market continues to build…
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Monthly Scottish Property Market Update – March 2011
Read more: Monthly Scottish Property Market Update – March 2011Budget 2011 Special! What Have I Written About Below and Why Should You Carry On Reading? George Osborne had his 15 Minutes of fame last week, announcing the Budget for 2011-12. There was not a huge amount in there for those looking at purchasing or selling a property in Scotland. In other news, initiatives were…
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What’s Happening in the Scottish Property Market and Property Prices – MOV8 Real Estate February 2013 Update
Read more: What’s Happening in the Scottish Property Market and Property Prices – MOV8 Real Estate February 2013 UpdateWelcome to my property market update for February 2013! The Press hasn’t been too intent on destroying public confidence in the housing market this month, which is good to see. Indeed, that’s been a few months where it appears that Scottish Independence and the trams in Edinburgh have bumped more general property market news off…
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Monthly Scottish Property Market News and Comment – What’s Happening in the Property Market and Property Prices in Scotland? January 2012
Read more: Monthly Scottish Property Market News and Comment – What’s Happening in the Property Market and Property Prices in Scotland? January 2012As I write my first property market update of 2012, I have just listened to to The Beatles’ ‘Here Comes the Sun’ and have been unable to resist a little wry smile. For those of you whose properties are still standing and have an entire roof after the hurricane and extreme weather that we saw…
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Negative Equity: How to Avoid Being ‘Stuck’ in Your Own Property – What Are Your Options?
Read more: Negative Equity: How to Avoid Being ‘Stuck’ in Your Own Property – What Are Your Options?HSBC bank has reported that more than 350,000 home owners in the UK who bought a property in 2007 are in negative equity: http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/8888537/More-than-350000-home-owners-in-negative-equity.html What does this mean and what should you do if you find yourself in this position?
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