I’m going to divide this Property Market Update into two sections. First, a general market update which hopefully, as always, helps to give an ACTUAL take on what is happening in the property market rather than headline-grabbing statistics that can often be read in the newspapers. Second, I’ll cover the new Stamp Duty regime, announced…
Ho, ho, ho! It’s the Festive edition of our Property Market update. Now, we COULD go through the various statistics and headlines from the property market in 2013, regurgitating work that we have already done and counting down, from Number 50 to Number 1, the best moments of the year. But that’s slightly lazy in…
We are very optimistic about the housing market in Edinburgh and the Lothians in 2013. Whilst property prices certainly haven’t been flying upwards, they have remained stable through 2012. So what’s the outlook and why do we feel this way?
This month’s a bumper month for you lucky readers, as I’m going to be away on holiday at the time when our December property market update would usually be sent out meaning there won’t be a December property market update. Boooooo hooooo, I can hear you scream amid much gnashing of teeth and wringing of…
November’s Good News…Housing Market Stabilises! After getting a healthy dose of pessimism thrust at you in my October property market update, I am delighted to report in October that the property market in Scotland appears to be a bit healthier. That is not just my anecdotal experience but also based on fact. Well, on statistics…
George Osborne yesterday revealed his Budget for 2012. The Budget included an increase in the 0% rate of tax and cuts to corporation tax, all of which are very welcome from a business and personal point-of-view. However, given that we sell properties in Scotland for our clients, it’s the impact of wider changes to property-related…
Goodbye Stamp Duty…? Kind Of. I have had to replace many an overused soapbox over past few years whilst property prices have risen yet the Stamp Duty thresholds have remained largely the same. It is a system that I feel is fundamentally unfair and which, from a purely property market related point of view, has…
In his March 2014 Budget, Chancellor George Osborne outlined a huge shake-up of UK pension legislation. On the initial face of it, there were not many of his provisions that would impact hugely upon the property market. However, there is the potential that the pension changes could have an impact on the Buy to Let…
Today’s monthly RICS (Royal Institute of Chartered Surveyors) UK Housing Market Survey presented some good signs for encouragement for anyone who is interested in buying or selling a property in Scotland.
Happy New Year to everyone and welcome to my first property market update of 2013. With 2012 dissolving swiftly into 2013 in a blur of fireworks and fizz, what can we expect this year? Is there positive news on the horizon for the property market and for property buyers and sellers in 2013? Is mortgage…
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