If youโre thinking of selling a residential property in Scotland, whether itโs your home or a rental property the starting point for most people is to get an indication of what the property is likely to sell for. Most people will opt to invite a local expert solicitor estate agent to visit their property and…
Buying a property for the first time can be an exciting time, but also a bit daunting if you donโt know where to start! Here we outline the key stages in the purchasing process and highlight considerations for first-time buyers in Scotland. Sort Out Your Finances Buying a house or flat is likely to be…
Sell Your West of Scotland Property in 2019 with MOV8! We’re delighted to announce that, after a successful trial in late 2018, MOV8 Real Estate is now marketing properties for sale on behalf of sellers in the West of Scotland. MOV8 Real Estateโs local Valuer, Tony Knight, has over 20 years of local expertise in…
The process of selling property in Scotland isnโt always as straightforward as it might seem. Most property sellers in Scotland will make one of the following 5 common mistakes. Hereโs how to avoid them! 1. Believing the Estate Agentโs Valuation is the Most Important Thing Estate agents may overvalue your property to get your business.…
The Scottish government announced in its budget on 12 December 2018 that it plans to increase the current 3% rate of Additional Dwelling Supplement (ADS) to 4% from 25 January 2019. If approved by the Scottish Parliament, the increase will apply to contracts entered into on or after 12 December 2018. ADS was introduced in…
Everyone wants the best education for their children. Finding a home in the catchment area of one of the better schools is a priority for many parents and, as a result, properties in these areas tend to attract a premium. According to recent research from the Bank of Scotland, buyers need to pay an average…
Contrary to popular belief, winter can be a great time to sell property in Scotland! While spring and summer are usually the busiest times to market your home, itโs not always the best time to sell. Smart sellers will consider selling when demand is high but supply is low. Why Winter is a Good Time…
The country is divided on Brexit, so too are opinions regarding Brexitโs impact on the property market. There are clearly differences in property market trends across the country, but can this be attributed to the uncertainty over Brexit or other factors? With Brexit negotiations reaching the sharp end, we take a look at the impact…
The Additional Dwelling Supplement (ADS) tax that might apply to a property purchase in Scotland is a complicated area and one that can be difficult to understand. It is often payable in addition to Land and Buildings Transaction Tax (LBTT) which replaced Stamp Duty in Scotland in 2015. However, there are situations where ADS is…
On 2 August 2018, the Bank of England raised the interest rate for only the second time in a decade. Interest rates have increased from 0.5% to 0.75%, the highest the rate has been since March 2009. But how will this affect you and what does it mean for the property market? Variable or Tracker…
ยฉ2025 MOV8 Real Estate, Reg. No.SC 316603, Incorporated legal practice regulated by the Law Society of Scotland