According to the latest figures from the Office for National Statistics, house prices rose by 8.9% in the year to April in the UK. This is slightly lower than the March figure of 9.9% taking the average house price in the UK to £256,000. In Scotland there was a 6.3% rise in house prices in […]
According to the latest survey from the Building Societies Association, raising a deposit for a property is seen as the biggest hurdle when purchasing a home. It’s quarterly tracker shows that 59% of the 2,000 plus UK adults who were surveyed cited the deposit as the main barrier. This is up from 54% in December […]
According to the latest data, the supply of family homes has reached a five-year low. The pandemic has had a profound effect on the behaviour of buyers’ here in Scotland – something that no one could have predicted. When the country was first locked down in March 2020, the initial long term market predictions tended […]
Following the announcement in the spring budget that the government was backing a mortgage guarantee scheme which will see home buyers being able to take out a mortgage with just a 5% deposit, applications are now open. The aim of the scheme is to help all buyers with small deposits. This means that it’s open […]
The Furlough Scheme is due to end in a few months in the UK and over the last year many property owners have taken advantage of the 6 month mortgage holiday. Current guidelines for landlords March 2021 update The Tenant Hardship Loan Fund and the Private Rent Sector Landlord (non-business) COVID-19 Loan Scheme, both of […]
The spring budget was announced this week and it included the news that the government is introducing a 95% loan to value (LTV) mortgage guarantee scheme to help all buyers with small deposits – including first time buyers and those looking to move up the property ladder. The scheme is due to launch in April […]
It’s important to get your property ready for a sale to maximise the price and also sell in good time so that your home isn’t left sitting not the market. We always recommend that you do this before listing your home for sale rather than making changes retrospectively. One of the best ways to do […]
A Home Buyer Report is a document created by the seller’s estate agent and issued electronically to potential buyers when arranging to view a property. This document gives buyers important background information on the property and gives a clear indication of the structural integrity and general condition of a property. It also gives a good […]
Recent research from Zoopla has revealed what buyer and renters are look for from a new home. By looking at the portal’s advanced property search tool over the last 12 months, the portal can reveal the most searched-for terms to give an insight into what buyers and renters are looking for. It has been revealed […]
It has been a challenging year for many of us and with the news of a vaccine on the horizon one thing we can do is hope that next year we will get back to some form of normality. As we approach Christmas, it’s important that we try to remain positive even if we can’t […]
