Tag: Tips For Buying
-
Gazumping in Scotland: What You Need to Know
In the bustling realm of the Scottish property market, potential homebuyers face a unique challenge – gazumping. While this term might sound like a quirky Scottish tradition, it’s a phenomenon that can send ripples of frustration through even the most composed property seekers. In this blog, we’ll delve into the intricacies of gazumping, discussing what…
-
Date of Entry – What Happens and When
You’ve found your perfect property and had your offer accepted, all you need now is the keys and you’re all set, right? Unfortunately there’s still quite a long way to go. Here’s some guidance about what happens before, on, and after your Date of Entry. The Missives In Scotland, the contract for your purchase is…
-
Offers Over – How Much Should You Pay?
If you are looking at purchasing a property marketed as ‘Offers Over’, the main question you will probably be asking is “how much will I need to pay to get this property?”. Unfortunately there is not one straightforward answer to this question for all properties or circumstances. Ultimately there will be a number of factors…
-
What is a Note of Interest in Scottish Property Market?
If you’re thinking of buying a property in Scotland, you may be asked if you wish to ‘note interest’ in the property and you might be wondering what a Note of Interest is, why you would want to note interest and who can submit a Note of Interest for you. What is a Note of…
-
What is Conveyancing and How Long Do Missives Take in Scotland?
Whether you are buying or selling a property in Scotland, you will experience the legal process called ‘conveyancing’. Here is a simple guide to what conveyancing is, how long it takes and answers to some other frequently asked questions that property sellers and buyers in Scotland often have. What is Conveyancing in Scotland? Conveyancing is…
-
What to Do If you Have to Sell Your Home and Haven’t Bought Another One First?
What to Do If You Can’t Buy Before You Sell? Low stock levels and a lack of choice of properties available for sale in Scotland are leading to rising prices, Closing Dates and properties being snapped-up after only a few days on the market. For people who need to sell their existing home before…
-
Can You Use The Same Solicitor to Buy and Sell?
Can a Solicitor Act For Me in Both My Sale and My Purchase? Yes, of course! However, it is more complicated where two parties ask the same solicitor to act on their behalf, when one of those parties is the buyer and the other party is the seller of the same property. What is a…
-
Should I Sell Before I Buy?
One of the most common questions we are asked here at MOV8 is “should I sell my current home before buying a new property?”. Following the market downturn in 2008 it became common practice to make sure that you had sold your own property before committing to a purchase, with home-movers wanting the security of…
-
How Much To Bid For Your Home
With the Edinburgh property market picking up here’s our advice on how much you should bid when you are looking for your dream home. Over the last year, demand in the local property market has been on the rise. More homes are going to closing dates, buyers are making higher offers and more properties are achieving,…
-
Stamp Duty Changes Scotland – Why to Buy and Sell Now
Stamp Duty changes, announced by the UK government on 3 December 2014, took effect on 4 December 2014, significantly reducing Stamp Duty for the majority of property buyers. However, Stamp Duty will be replaced by Land and Buildings Transaction Tax (LBTT) in Scotland, for property purchases that complete on or after 1 April 2015, increasing…