Tag: mortgages
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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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Property Market Update June 2014 – Press, Prices and Comment by MOV8 Real Estate
Read the article: Property Market Update June 2014 – Press, Prices and Comment by MOV8 Real EstateIt’s been a busy old month in Scottish property news, with lots of seemingly contradictory stories coming out. So what is the real picture? Is an interest rate rise imminent? What effect has the Mortgage Market Review had so far? We are now almost halfway through the year and about as far into the World…
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Will the Mortgage Market Review Changes Have an Effect on the Property Market in Scotland
Read the article: Will the Mortgage Market Review Changes Have an Effect on the Property Market in ScotlandThe changes that came into force regarding mortgage lending at the end of April have been a hot topic in the press this past month. http://www.heraldscotland.com/business/personal-finance/tougher-rules-will-hit-buyers-looking-for-loan.24054191 The main change brought in by the Mortgage Market Review (MMR) is that people now have to go through more stringent affordability checks and to provide more information about spending levels.…
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What’s Happening in the Scottish Property Market and Property Prices – MOV8 Real Estate February 2013 Update
Read the article: What’s Happening in the Scottish Property Market and Property Prices – MOV8 Real Estate February 2013 UpdateWelcome to my property market update for February 2013! The Press hasn’t been too intent on destroying public confidence in the housing market this month, which is good to see. Indeed, that’s been a few months where it appears that Scottish Independence and the trams in Edinburgh have bumped more general property market news off…
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Monthly Scottish Property Market Update – March 2011
Read the article: Monthly Scottish Property Market Update – March 2011Budget 2011 Special! What Have I Written About Below and Why Should You Carry On Reading? George Osborne had his 15 Minutes of fame last week, announcing the Budget for 2011-12. There was not a huge amount in there for those looking at purchasing or selling a property in Scotland. In other news, initiatives were…
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What’s Happening in the Scottish Property Market and Property Prices – MOV8 Real Estate March 2013 Update
Read the article: What’s Happening in the Scottish Property Market and Property Prices – MOV8 Real Estate March 2013 UpdateIn 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…
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Monthly Scottish Property Market Update – February 2011
Read the article: Monthly Scottish Property Market Update – February 2011Gosh, it’s been a short month and it feels like just yesterday that I wrote the last of these updates. But a month is a long time in the property market and there’s been plenty of news in the past month. In that time the news has been FULL of All That concerning the property…
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What’s Happening in the Scottish Property Market and Property Prices – MOV8 Real Estate April 2013 Update
Read the article: What’s Happening in the Scottish Property Market and Property Prices – MOV8 Real Estate April 2013 UpdateIt looks like Spring has finally sprung after a month or two of absolutely dismal weather. I still wouldn’t leave the house without your parka if I were you right enough. With Spring in the air and a sense of optimism sweeping across the country as we see the mysterious yellow orb in the sky…
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Two Thirds of First Time Buyers Fear They’ll Never Get on the Property Ladder
Read the article: Two Thirds of First Time Buyers Fear They’ll Never Get on the Property LadderIt has been reported today that two-thirds of young people without their own home believe they have no prospect of getting on the property ladder. This is based on a survey of 4000 people by Halifax, one of the nation’s largest lenders. http://www.bbc.co.uk/news/business-13575857. What does this mean for first time buyers in the coming year? …
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