Category: Property Guides

New tax relief for first-time property buyers came into effect in Scotland from 30 June 2018. The threshold for Land and Buildings Transaction Tax ( LBTT) (the Scottish version of Stamp Duty) is now £175,000 rather than £145,000. However, first-time buyers of properties over £175,000 also benefit from the relief. LBTT Savings – Examples Here’s…

You have made an Offer on a property and it has been accepted – congratulations! However, there is still quite a long way to go until you can pick up the keys to your new home or investment! Here is some guidance about what happens before, on and after your Date of Entry (often known…

Summer is a fantastic time to market a property and making the most of outdoor space can certainly help boost a property’s value. Interest in properties with outdoor space increases in summer as we look forward to balmy evenings and barbecues in the garden. Whether your property offers a substantial sized garden or a small…

The importance of professional photography in property marketing should never be underestimated.  A good image can take just a few moments to capture, but it creates a lasting impression and is one of the most effective ways of conveying a property’s value and desirability.  The photos have to grab people, make them want to read…

There are many reasons why people choose to move home. For some it’s because they have a baby on the way. Maybe they need more space, maybe they crave a garden or maybe they want to get their child into a good state school. It’s very difficult to find a reliable figure of how much…

In early November 2017, the Bank of England announced that it was raising interest rates for the first time in 10 years. Interest rates have increased from 0.25% to 0.5%, the first rise we’ve seen since July 2007. But what does this mean for you? Variable or Tracker Rate Mortgages Across Britain, 9.2 million households have…

To any buyers or sellers who are new to the Scottish property market, they will quickly be introduced to the concept of ‘concluded Missives’ or ‘conclusion of Missives’. The importance of conclusion of Missives cannot be underestimated as it has serious legal, and practical, implications for property buyers and sellers. Although it can be a…

The days are getting colder and the nights longer and there’s no denying that Winter is well and truly here. But why does that mean that it’s a great time to sell a property and to get the best price in Scotland? Why is Winter a Great Time to Sell? Spring has traditionally been regarded…

We know that everyone loves an early Christmas present, so this year we’re offering our best ever Winter Promotion for property sellers! Anyone who signs-up to sell with MOV8 before 31 December 2017 will benefit Estate Agency fees starting at just £995 inc VAT plus, for a limited time only, absolutely no upfront costs! Yes,…

Closing Dates are a peculiarity of the Scottish property market. They work hand in hand with the concept of Notes of Interest. Having recently spent several hours trying to explain to a group of estate agents in England and Wales what both of these things mean, with mixed results, it highlighted how confusing the topic…