Tag: mortgages
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Brexit, Trump and Interest Rate Cuts – 2016 Scottish Property Market Review
Read the article: Brexit, Trump and Interest Rate Cuts – 2016 Scottish Property Market Review2016 proved to be a surprising and at times tumultuous year, with the UK’s ‘Brexit’ vote to leave the EU and the election of Donald Trump as the next President of the United States of America. As 2016 draws to a close, we take a look back at your property market year in numbers. Volume…
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Mortgage Costs at Historic Low Following Interest Rate Cut
Read the article: Mortgage Costs at Historic Low Following Interest Rate CutAn announcement on 15 November 2016 by the Council of Mortgage Lenders indicated that mortgage costs had reached a historic low in September 2016, representing good news for property buyers and sellers across East Central Scotland according to local solicitor estate agents. The Council of Mortgage Lenders (CML), the main trade body representing UK mortgage…
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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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Monthly Property Market Update July 2015
Read the article: Monthly Property Market Update July 2015There’s been no shortage of economic news this July both at home and abroad. The headlines in the early part of the month were dominated by events in Greece where, after prolonged and often fraught discussions, a Greek exit from the Euro was narrowly avoided. Hot on the heels of that we had the chancellor’s…
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What Last Week’s Budget Means for the Property Market
Read the article: What Last Week’s Budget Means for the Property MarketLast week, George Osborne stepped up to deliver his latest Summer Budget. While it was the introduction of a new living wage that grabbed most of the headlines, there were some notable changes that directly impact homeowners, landlords and the property market. Inheritance Tax Changes Firstly, Inheritance Tax will be revamped. As it stands, Inheritance…
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MOV8 Property Market Update January 2015
Read the article: MOV8 Property Market Update January 2015One month after New Stamp Duty replaced Old Stamp Duty in the UK and we in Scotland geared up for almost four months of that tax regime before it would change to Land and Buildings Transaction Tax (LBTT)…just when you thought it was safe to get your Stamp Duty calculator out…well, they’ve only gone and…
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2014 Review of the Year – Scottish Property Market
Read the article: 2014 Review of the Year – Scottish Property Market2014 has been quite an eventful year for the Scottish property market! A September referendum on whether or not Scotland should become independent, final details of a new property tax to replace Stamp Duty in Scotland from 1 April 2015, a shock announcement about changes to Stamp Duty in the UK effective from December 2014,…
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Property Market Update August 2014
Read the article: Property Market Update August 2014With parents across Scotland and shedding a tear after sending their kids off to school for the first time or breathing a quiet sigh of relief that they have some peace a quiet now that the schools are back, property news has continued unabated. Here are the top stories from the past month as well…
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Property Market Update July 2014 – Press, Prices and Comment by MOV8 Real Estate
Read the article: Property Market Update July 2014 – Press, Prices and Comment by MOV8 Real EstateThe World Cup behind us, the Commonwealth Games are now well under way, the culmination of a year-long countdown and many more years of work behind the scenes. So has this excitement filtered down to the property market? For your monthly round-up of what has been happening in the property market in the past few…
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A Simple Guide to Conveyancing in Scotland, How Long it Should Take and Common Problems
Read the article: A Simple Guide to Conveyancing in Scotland, How Long it Should Take and Common ProblemsWhether you are buying or selling a house, conveyancing is involved. Whilst most people understand the fundamentals of marketing a house for sale or of finding a property to buy, even the word ‘conveyancing’ is hardly an example of Plain English and it’s easy for property buyers and sellers in Scotland to feel that conveyancing…
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