November is a month when the property market is traditionally seen to be putting its feet up, snuggling up under a warm blanket and hunkering-down for the winter. But in 2014, the market continues apace, with sales continuing to come through as buyers try to find their dream home before Christmas. So, what has been…
There are some months where I stare at a blank page and wonder what on earth to write about the past month in the Scottish property market. And then there are months like this where I donโt know how to filter it down! This month has seen the announcement of a monumental change in the…
The finer details have just been announced for the Land and Buildings Transaction Tax that is due to replace Stamp Duty in April 2015. So, what are the new levels of tax on property purchases? What effect will this have on the property market? And it this an improvement on the existing system of Stamp…
For anyone who doesnโt have Facebook, Twitter, friends, a local newsagent, a town crier or the Internet, there is an outside chance that you will be unaware of the historic vote that took place in Scotland on 18 September. For anyone who has access to just one of the above sources of news, you will…
After the announcement of todayโs historic result in the Scottish Independence Referendum, with the country voting โNoโ to an independent Scotland, many Scots will now be asking what the effect of this โNoโ vote will be on the Scottish property market. In short, I predict that the ‘No’ vote will cause a positive ‘bounce’ in…
I was catching-up on property news headlines this morning and came across an article in The Telegraph stating that the upcoming referendum vote was having a negative impact on the Scottish property market. Not only that, it was apparently causing a change in solicitorย practice with regards to how they submit offers, with offers now being…
With parents across Scotland and shedding a tear after sending their kids off to school for the first time or breathing a quiet sigh of relief that they have some peace a quiet now that the schools are back, property news has continued unabated. Here are the top stories from the past month as well…
The World Cup behind us, the Commonwealth Games are now well under way, the culmination of a year-long countdown and many more years of work behind the scenes. So has this excitement filtered down to the property market? For your monthly round-up of what has been happening in the property market in the past few…
Significant changes are afoot in the mortgage market, particularly for high value mortgages and for people looking to move from their existing home using the Help to Buy shared equity scheme. Then, this month the Bank of England’s Financial Policy Committee (FPC) announced new restrictions on bank lending, aimed at slowing run-away house prices in…
It’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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