According to Moneyfacts, mortgage lending is back to 75% of pre-pandemic levels following a rise for the seventh consecutive month in May. Lending is fast approaching the pre-pandemic levels with 3,927 mortgage products on the market compared to 5,222 in March 2020. Within the last few weeks, HSBC revealed that it had secured mortgage borrowers […]
According to recent figures, house prices in Scotland are up by nearly 11% in the year to March 2021. In Scotland, house prices rose by 10.6% over the year to March 2021, compared with a rise of 10.2 % in England, 11% in Wales and 6% in Northern Ireland. Figures released by the Office for […]
A recent study from AA has revealed that having garden space on your property can increase its value by an average of 5%. The study looked at homes with and without gardens across the UK and revealed which cities provided the largest boost in value. Following the national lockdown where we were non-essential workers were […]
According to the latest figures from Rightmove, the average price of property coming to the market has hit an all-time high of £327,797 after a 2.1% (+£6,733) monthly jump. The previous record in October last year was over £4,000 less. Although 145,000 properties were newly marketed this month, it wasn’t enough to meet the exceptional […]
Sales The Edinburgh market since June 2020 has been nothing short of astonishing. Generally there has been huge under supply but with high buying demand with confidence well and truly throughout the market. This is certainly not what we would not have thought back in April last year in the grips of lockdown. However, most […]
256 sales agreed – Number 1 agent for sales in Perthshire. 94 % of which have been in excess of the asking price. 70 sales agreed in excess of £300,000 – More than double the amount of any other agent in Perthshire. Sales Highlights Burnmouth Ferry, Stanley, Perthshire Clerwood is an exceptional, recently constructed, detached family […]
Our lettings team have saw the first quarter of 2021 as extremely busy and demand for letting property has been nothing less than staggering. The steady growth that marked the beginning of the year has continued right through with an even more robust performance than previous years. With the number of potential tenants outweighing the […]
The latest figures from the Office for National Statistics (ONS) show that the average Scottish house price has jumped during the course of the pandemic by 8.4% and the number of house sales rose by 31.9%. Over the past four years we have seen a general slowdown in house price growth across the UK but […]
The property market over the last three months has been nothing short of exceptional. Following lockdown, we expected a backlog of sales resulting in a spike in activity but we could not have foreseen the sheer level each of sales each of our branches has secured: West End Approximately 220 sales in Q3 and an […]
