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…
After the Easter holiday, May has been a month punctuated by various bank holidays, local holidays and public sector holidays, seriously affecting the ability to settle house sales or arrange mortgage finance or find property buyers who weren’t away to the coast for the weekend. In spite of this, the property market continues to build…
In spite of the freezing weather, the snow, the hail and the frankly general misery that the (allegedly) Spring-weather inflicted on the general population in March 2013, the property market didn’t do too badly. House prices seem to be moving in the right direction (if you’re an owner or a seller), though there was seemingly…
Amidst all the Edinburgh Festival shennanigans, it’s been hard at times, in Edinburgh and the Lothians, to remember that the world continues normally behind the plethora of closed streets, visitors and Oxbridge students pushing flyers in the face of anyone who dares to make eye contact with them. We would normally, in August, expect to…
For just a brief week or so there it looked like our ‘Top Ten Tips for Selling in Autumn’ might have been redundant as soon as they were published, with ‘Selling in Winter’ being a more appropriate title for the article. Thankfully, order seems to have been restored and the trees are turning a lovely…
The nights are fair drawing in, aye. But with shorter days and longer nights we haven’t seen any slowing-down of the property market. Quite the opposite. It appears that, in the absence of being able to go out and actually do anything else in the evenings, more and more people are taking that time to…
As November nears an end, it’s easy to assume that property buyers and sellers down tools, pick-out their favourite reindeer jumper, start planning some witty repartee for the office Christmas party and that they generally are doing anything other than thinking about buying or selling a house. Buyers, as I’ve been at pains to point…
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…
Budget 2013 Property-Related Proposals: The Help to Buy Scheme George Osborne announced his Budget last week and there were significant announcements made that could have a huge impact on the property market. However, with some of these matters being devolved to the Scottish Government, and with different implementation dates for the various schemes, it wasn’t…
The RICS monthly Residential Market Survey for April 2013 suggests that the Government’s Help to Buy scheme has had an instant and positive impact on the property market in the UK.
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