Property market highlights: Property listings and sales lower, however buyer demand remains strong Scotland bucks the UK-wide trend with increased residential sales Average selling and asking prices continue to rise We question whether COP26 and environmental factors are influencing property buying decisions Property listings and sales lower, however buyer demand remains strong November was a…
New legislation proposed requiring all short-term lets in Scotland to be licensed Over the past years short-term lets have been a topic of controversy across Scotland. However, with the boom of Airbnb, they have also become a very popular choice for tourists and property investors alike. Local communities in high volume short-term let areas (such…
With Halloween now past, is the property market about to give us a fright? Or is competition between buyers in the marketplace going to continue to be terrifyingly strong? Market Shaped by Competing Priorities for Buyers and Sellers For some, Christmas may seem a long way away, however in November, the property market traditionally marks…
September summary: Demand for properties outstripping supply Interest rates and lending criteria underpinning the level of borrowing Time on market for properties reducing Increase in the number of properties now going to closing date Monthly rental costs also on the rise Sellers delight September is traditionally a busy month for property sales and this year…
Whatโs happening with property prices? What has the effect of Covid and lockdown measures been on the market? And what does the property market look like moving forward as restrictions start to ease? If you are curious about the property market in 2021, read on! Who could have predicted these market conditions? If I’d had…
As lockdown continues at the beginning of May 2020, for anyone thinking of selling or buying as property this is a great time to get your ducks in a row so that you are in pole position for when restrictions begin to be relaxed.ย Here are some handy hints for potential property sellers or buyers…
If youโre an investor or property owner, you might be trying to call the โpeakโ of the market during the Coronavirus COVID-19 outbreak. Many people will not want to sell their property now because they perceive that they may have missed the โpeakโ. Everyone wants to get their timing just right and to sell at…
Sellers Should Beware of Perceived โLossesโ That Donโt Exist in Reality A hypothetical exampleโฆ Somebody bought a property in 2012 for ยฃ240,000. They see a similar property sold in December 2019 for ยฃ340,000, with a Home Report valuation of ยฃ280,000.ย Their own property is today valued at ยฃ300,000, with a likely Home Report valuation of…
Why Now is the Time to Sell if You Think Coronavirus Will Have a Negative Effect on the Market For property sellers who are thinking of โwaiting until this all blows overโ, there are a couple of important things to consider.ย Timescalesย If you need to move or to get your property sold, we expect…
In Spite of Coronavirus, Itโs a Good Time to be Buying and Selling Property in Scotland In response to the current outbreak of coronavirus (COVID-19), a lot of people are asking whether it is still a good time to be buying and selling or whether they should wait until the coronavirus (COVID-19) outbreak has passed.ย …
ยฉ2025 MOV8 Real Estate, Reg. No.SC 316603, Incorporated legal practice regulated by the Law Society of Scotland