Lots of surveys and statistics around, but which of them are true? And are property prices falling in Scotland? Recently released statistics from the Department for Communities and Local Government show an annual fall in property prices in Scotland in the past year of 2.3%. Meantime, Rightmove’s latest House Price Index showed the average asking…
It has been reported today that two-thirds of young people without their own home believe they have no prospect of getting on the property ladder. This is based on a survey of 4000 people by Halifax, one of the nation’s largest lenders. http://www.bbc.co.uk/news/business-13575857. What does this mean for first time buyers in the coming year? …
Property market outlook 2011 – are you going to lose money or make money? Welcome to the first monthly property market update for 2011. Now that the world appears to have returned to some semblance of normality after the temporary paralysis induced by the white-out of December and early January, we’re going to have a…
As always, I’ll give you a little indication of what I’m personally seeing happening in the property market at the moment and then an overview of what the wider Press is reporting has been happening. I’ll start with what I’m actually seeing, based on my experience as the owner of a solicitor/estate agency firm.
May has been an unbelievable month in the property market. As May started, having watched a really strong performance in terms of sales and purchases in April, I expected to see a bit of a dip in May. That couldn’t have been further from the truth as it happens! However, before coming back to my…
Hello everyone! Hope you managed to top-up your tan when the sun was around and that you already have a holiday booked for this year somewhere sunny and warm… Right…what’s been happening in the Scottish property market this month?
The Chief Executive of one of the UK’s largest lenders has warned that, when interest rates go up, the number of repossessions could become a ‘tsunami’. All this just a day after the Bank of International Settlements (which I’ve seen described as ‘the Central Bank for Central Banks’) said that the policy of the Bank…
Summary – April has been a slow month and it’s partly Prince William’s fault… April is traditionally a good month for the property market, with longer days and better weather leading to more property sales and more people putting their properties on the market. However, April 2011 has been a slightly unusual month though owing,…
What’s Happening in the Property Market in August aka Did Anyone Actually Go on Holiday This Year? I’m not going to write a huge amount this month as, property-wise, it’s been a bit of a slow news month. Nothing particularly shocking has been published or indeed happened, I could have my regular rant about inconsistent…
This month is usually the month of the year when estate agents around the country breathe a huge sigh of relief after the usual Spring rush of property sellers looking to get their properties onto the market. They will usually put their feet up, look out the window and wonder why it’s still 12 degrees…
©2024 MOV8 Real Estate, Reg. No.SC 316603, Incorporated legal practice regulated by the Law Society of Scotland