Category: Property Market News
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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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Interest Rates Cut to Stimulate Edinburgh Property Market Post-Brexit Referendum
Read the article: Interest Rates Cut to Stimulate Edinburgh Property Market Post-Brexit ReferendumThe Bank of England Monetary Policy Committee’s decision to cut interest rates is good news for property buyers and sellers in East Central Scotland, say local solicitors and estate agents. The Bank of England’s Monetary Policy Committee voted unanimously on 4 August 2016, to cut the Bank Rate (commonly referred to as ‘’The Bank of…
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One Month After ‘Brexit’ Result, Property Market in East Central Scotland Remains Strong.
Read the article: One Month After ‘Brexit’ Result, Property Market in East Central Scotland Remains Strong.While it is still too early to accurately measure the longer term impacts of the so-called ‘Brexit’ result of the UK’s referendum on EU membership, the housing market in Scotland has remained strong, say local solicitor estate agents. The Scottish property market is experiencing a 6 year high in the level of property sales, according…
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Property Prices and Level of Sales Remain Relatively Strong in East Central Scotland Property Market
Read the article: Property Prices and Level of Sales Remain Relatively Strong in East Central Scotland Property MarketAt the end of July 2016, the property market in East Central Scotland is still showing extremely healthy buyer demand, say local solicitors and estate agents. Latest figures released by the ESPC for the period between April and June of 2016 show that the number of homes sold in East Central Scotland decreased by 5.6%…
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Interest Rates Remain Unchanged as Confidence Grows in East Central Scotland Property Market
Read the article: Interest Rates Remain Unchanged as Confidence Grows in East Central Scotland Property MarketThe Bank of England Monetary Policy Committee’s decision not to cut interest rates for the immediate future gives cause for confidence in the Scottish property market, say local solicitors and estate agents. The Bank of England voted on 14 July 2016, by a majority of eight to one, to keep the Bank Rate (commonly referred…
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MOV8’s Property Market Analysis June 2016
Read the article: MOV8’s Property Market Analysis June 2016Throughout 2015 and in the first half of 2016, the number of properties changing hands has been at the highest levels seen since the ‘credit crunch’ of 2008. As 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.…
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