Keeping the property market moving
This information is guidance has been developed with regulatory bodies based on best practice following the Scottish Government’s decision to move the whole of Scotland to Level 0 from 9 August 2021
This guidance should be used in combination with the Scottish Government’s
We appreciate the impact that COVID-19 has had on those eager to move this year and as Scotland’s leading independent agent, we want you to know that we are here for you every step of the way as you look to restart your moving journey.
Below you see our COVID-19 policies, designed around best practice and guidance from the Scottish Government. We believe it is important to be transparent with you about our working practices as we look to protect our valued communities in which we operate.
Clyde Property’s COVID-19 Commitment to Safe Working
This information is guidance for best practice. It has been developed with regulatory bodies based on Government guidance regarding the introduction of new ways of working, to adhere to safety measures but allow agents to continue to provide a professional service to clients and customers.
This viewing information and policy has been developed with regulatory bodies based on Government guidance regarding the introduction of new ways of working, to adhere to safety measures but allow agents to continue to provide a professional service to clients and customers.
Catch up on the latest property news, be inspired with sumptuous interiors and home design trends and get the best local area insights and success stories straight from our up-to-the minute news section.
First-Time-Buyer? A Better Year Ahead
According to the latest figures from Aldermore, 2021 was a difficult year for many first-time-buyers as they saw their mortgage applications rejected by banks and building societies. In fact, 75% of first-time-buyers saw their application rejected last year compared to 62% in 2020. There are several reasons this is happening and the most common reasons for an unsuccessful mortgage application was poor credit history, bank errors, not having a large enough deposit, having other debts such as payday loans, not having enough payslips or being self-employed and having a high level of debt. Many of those surveyed blamed the pandemic […]
Mortgage Affordability Likely to Improve
The Bank of England has revealed plans to relax the current mortgage affordability rules, making it easier for first-time-buyers to secure lending. The Bank’s Financial Policy Committee (FPC) has decided this affordability rule is no longer necessary. The current rule that means borrowers are required to prove that they can repay their mortgage each month on the SVR (Standard Variable Rate) should interest rates go up 3%. This test ensures that buyers can still meet their monthly repayments should rates rise – which they have been predicted to do. The affordability rules were introduced following the financial crash of 2008 […]
Deadline for New Fire and Smoke Alarms Looms
Scottish legislation has changed whereby all homes in Scotland must have interlinked Fire and Smoke alarms installed along with an adequate Carbon Monoxide Detector by February 1st, 2022. The new law was due to come into force in 2021 but its implementation has been delayed by a year due to the pandemic. This legislative change covers homes in the private and social housing sectors. All homes now require a fully interconnected ‘Category LD2’ Fire and Smoke alarm system. This means every home in Scotland, by law, should feature: One smoke alarm installed in a living room – ideally the room that […]