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Effect of School Catchment Areas on Property Prices in Scotland
Read more: Effect of School Catchment Areas on Property Prices in ScotlandEveryone wants the best education for their children. Finding a home in the catchment area of one of the better schools is a priority for many parents and, as a result, properties in these areas tend to attract a premium. According to recent research from the Bank of Scotland, buyers need to pay an average…
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Property Market Update December 2018
Read more: Property Market Update December 2018Rise in Properties Coming to Market in East Central Scotland There has been a significant increase in the number of properties coming to market in east central Scotland which is a positive sign for buyers. From August to October 2018 there was a marked increase of 10.9% in the number of properties coming to market…
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Why Winter is a Good Time to Sell Property in Scotland
Read more: Why Winter is a Good Time to Sell Property in ScotlandContrary to popular belief, winter can be a great time to sell property in Scotland! While spring and summer are usually the busiest times to market your home, it’s not always the best time to sell. Smart sellers will consider selling when demand is high but supply is low. Why Winter is a Good Time…
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Property Market Update October 2018
Read more: Property Market Update October 2018Property Prices in the East of Scotland Continue to Rise High demand from buyers is driving up selling prices, according to the ESPC. Between July and September 2018, average selling prices in east central Scotland rose by 6.2% to £250,991 compared to the same period last year. In Edinburgh, the average selling price rose by…
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Property Market Update September 2018
Read more: Property Market Update September 2018Scotland Continues to Buck UK Housing Market Trends With Brexit negotiations continuing to hit the headlines, any impact on the housing market doesn’t seem to have dampened people’s enthusiasm for home ownership in east central Scotland. There has been a further increase in the number of properties coming to market compared to last year, which…
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Will Brexit Impact the Property Market and Prices in Scotland?
Read more: Will Brexit Impact the Property Market and Prices in Scotland?The country is divided on Brexit, so too are opinions regarding Brexit’s impact on the property market. There are clearly differences in property market trends across the country, but can this be attributed to the uncertainty over Brexit or other factors? With Brexit negotiations reaching the sharp end, we take a look at the impact…
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LBTT Additional Dwelling Supplement – Does it Apply to Your Property Purchase?
Read more: LBTT Additional Dwelling Supplement – Does it Apply to Your Property Purchase?The Additional Dwelling Supplement (ADS) tax that might apply to a property purchase in Scotland is a complicated area and one that can be difficult to understand. It is often payable in addition to Land and Buildings Transaction Tax (LBTT) which replaced Stamp Duty in Scotland in 2015. However, there are situations where ADS is…
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Property Market Update August 2018
Read more: Property Market Update August 2018Positive Sign for Property Buyers Since last month there has been a continued upswing in the number of properties coming to market in east central Scotland compared to last year, which is a positive sign for buyers. According to the ESPC, the number of new homes brought to market between the months of May and…
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What Does the Interest Rate Rise Mean for the Property Market in Scotland?
Read more: What Does the Interest Rate Rise Mean for the Property Market in Scotland?On 2 August 2018, the Bank of England raised the interest rate for only the second time in a decade. Interest rates have increased from 0.5% to 0.75%, the highest the rate has been since March 2009. But how will this affect you and what does it mean for the property market? Variable or Tracker…
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Property Market Update July 2018
Read more: Property Market Update July 2018Upswing in Properties Coming to Market and Property Prices There are encouraging signs of an upswing in properties coming to market in east central Scotland which is good news for buyers. The number of homes brought to market between April and June 2018 increased by 3.2% compared with the same period last year, according to…
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