Category: Property Market News
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MOV8’s Predictions for 2017, What’s Going to Happen in the Scottish Property Market Next Year?
Read the article: MOV8’s Predictions for 2017, What’s Going to Happen in the Scottish Property Market Next Year?After the UK’s ‘Brexit’ vote to leave the EU and the election of Donald Trump as the next President of the USA, 2016 contained more than a few surprises. As the year draws to a close, we take a look at what is likely to happen in your local property market in 2017. House Prices…
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Brexit, Trump and Interest Rate Cuts – 2016 Scottish Property Market Review
Read the article: Brexit, Trump and Interest Rate Cuts – 2016 Scottish Property Market Review2016 proved to be a surprising and at times tumultuous year, with the UK’s ‘Brexit’ vote to leave the EU and the election of Donald Trump as the next President of the United States of America. As 2016 draws to a close, we take a look back at your property market year in numbers. Volume…
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Scottish Government Draft Budget for 2017-18, Tax and LBTT Impact
Read the article: Scottish Government Draft Budget for 2017-18, Tax and LBTT ImpactOn Friday, 16 December 2016, the SNP’s Finance Secretary, Derek Mackay, unveiled the Scottish Government’s Spending Plans and Draft Budget for 2017-18. The Budget contains the Scottish Government’s detailed spending plans across various areas but we were interested for the purposes of this blog to examine any proposals that would affect the Scottish property market.…
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Your Local Property Market Update November 2016
Read the article: Your Local Property Market Update November 2016Your Local Property Market Update November 2016 As the leading property sales company in East Central Scotland, our Local Property Market Update combines our own experience of the local property market with a round-up of the month’s property news, separating the wheat from the chaff and the fact from the fiction so that you don’t…
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Mortgage Costs at Historic Low Following Interest Rate Cut
Read the article: Mortgage Costs at Historic Low Following Interest Rate CutAn announcement on 15 November 2016 by the Council of Mortgage Lenders indicated that mortgage costs had reached a historic low in September 2016, representing good news for property buyers and sellers across East Central Scotland according to local solicitor estate agents. The Council of Mortgage Lenders (CML), the main trade body representing UK mortgage…
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Autumn Budget Statement Potential Effect on Property Market in Scotland
Read the article: Autumn Budget Statement Potential Effect on Property Market in ScotlandToday the Chancellor of the Exchequer, Philip Hammond, delivered the UK Autumn Budget Statement. We examine whether there was anything in the Autumn Statement that might directly affect the property market in Scotland. Mr Hammond announced the establishment of a new £2.3bn Housing Infrastructure Fund to create the infrastructure for up to 100,000 new homes…
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Local Property Market Update October 2016
Read the article: Local Property Market Update October 2016Your Local Property Market Update October 2016 As the leading property sales company in East Central Scotland, our Local Property Market Update combines our own experience of the local property market with a round-up of the month’s property news, separating the wheat from the chaff and the fact from the fiction so that you don’t…
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Local Property Market Update September 2016
Read the article: Local Property Market Update September 2016As the leading property sales company in East Central Scotland, we wanted to share with you what we have been seeing happening in your local property market. What Are We Seeing Happening in the Market? The latest market reports from ESPC, for the period of June 2016 to August 2016, show that the number of…
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Seller’s Market in East Central Scotland Makes Now a Great Time to Sell
Read the article: Seller’s Market in East Central Scotland Makes Now a Great Time to SellAt the end of August 2016, local solicitor estate agents are seeing continued strong demand from buyers throughout the property market in East Central Scotland, despite reduction in the number of sales. The latest figures released by the ESPC for the period of May and July of 2016 show that the number of homes sold…
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Halifax Reports First Time Buyer Numbers on the Rise
Read the article: Halifax Reports First Time Buyer Numbers on the RiseIn July 2016, the UK’s largest mortgage lender, Halifax, revealed that the number of people buying properties for the first time is on the increase. So how will this affect the property market in Edinburgh and the Lothians? Halifax’s figures show that 154,200 first time buyers were successful in the first half of 2016, compared…
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