Tag: monetary policy committee
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Interest Rates Cut to Stimulate Edinburgh Property Market Post-Brexit Referendum
Read the article: Interest Rates Cut to Stimulate Edinburgh Property Market Post-Brexit ReferendumThe Bank of England Monetary Policy Committee’s decision to cut interest rates is good news for property buyers and sellers in East Central Scotland, say local solicitors and estate agents. The Bank of England’s Monetary Policy Committee voted unanimously on 4 August 2016, to cut the Bank Rate (commonly referred to as ‘’The Bank of…
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Property Prices and Level of Sales Remain Relatively Strong in East Central Scotland Property Market
Read the article: Property Prices and Level of Sales Remain Relatively Strong in East Central Scotland Property MarketAt the end of July 2016, the property market in East Central Scotland is still showing extremely healthy buyer demand, say local solicitors and estate agents. Latest figures released by the ESPC for the period between April and June of 2016 show that the number of homes sold in East Central Scotland decreased by 5.6%…
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Interest Rates Remain Unchanged as Confidence Grows in East Central Scotland Property Market
Read the article: Interest Rates Remain Unchanged as Confidence Grows in East Central Scotland Property MarketThe Bank of England Monetary Policy Committee’s decision not to cut interest rates for the immediate future gives cause for confidence in the Scottish property market, say local solicitors and estate agents. The Bank of England voted on 14 July 2016, by a majority of eight to one, to keep the Bank Rate (commonly referred…
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Property News Round Up February 2016
Read the article: Property News Round Up February 2016Property News Round Up February 2016 In this month’s bumper Property News Round-Up, we take a look at property sales and price trends, the extension of the Help to Buy Scheme in 2016, the planned supplement on Land and Buildings Transaction Tax for buy-to-let investors and second-home buyers as well as how likely it is…
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Monthly Property Market News Round-Up January 2016
Read the article: Monthly Property Market News Round-Up January 2016In this month’s bumper Property Market News Round-Up, we take a look at property sales and price trends, the extension of the Help to Buy Scheme in 2016, the planned supplement on Land and Buildings Transaction Tax for buy-to-let investors and second-home buyers as well as the prospects of interest rate rises in 2016. Property…
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MOV8 Real Estate’s 2015 Review of the Year – Scottish Property Market
Read the article: MOV8 Real Estate’s 2015 Review of the Year – Scottish Property MarketMOV8 Real Estate’s 2015 Review of the Year – Scottish Property Market 2015 has certainly been an eventful year for the Scottish property market! With Stamp Duty being replaced by a new property tax on 1 April 2015, interest rates remaining unchanged for a record length of time, sales at their highest level in almost…
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Monthly Property Market News Round-Up November 2015
Read the article: Monthly Property Market News Round-Up November 2015Monthly Property Market News Round-Up November 2015 Property Sales Increasing As we inch towards the end of 2015, property sales across Edinburgh and the Lothians have remained strong. Throughout the year, the number of homes changing hands has been at its highest level since the onset of the ‘credit crunch’ in 2008. The latest figures…
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Monthly Market Update August 2015
Read the article: Monthly Market Update August 2015Edinburgh Buyer Activity on the Rise Although I can hardly believe I’m saying this, we’re already past the midway point of 2015. The sun is out and the Festival is winding down, but we haven’t seen any signs of the housing market taking a break for the summer this year. The number of homes changing…
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MOV8 Property Market Update October 2014
Read the article: MOV8 Property Market Update October 2014There are some months where I stare at a blank page and wonder what on earth to write about the past month in the Scottish property market. And then there are months like this where I don’t know how to filter it down! This month has seen the announcement of a monumental change in the…
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The Mortgage Market Review and Help to Buy Restrictions Hitting Property Buyers in Scotland
Read the article: The Mortgage Market Review and Help to Buy Restrictions Hitting Property Buyers in ScotlandSignificant 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…
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