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House Prices Rise Steadily

According to the latest House Price Index for August, house prices are steadily rising against the backdrop of the Coronovirus pandemic. UK average house prices increased by 2.5% during the year to August, up from 2.1% in July. On a monthly basis, this was a rise of 0.7 per cent, and an improvement on the 0.3 … Continue reading House Prices Rise Steadily

COVID-19 Property Market Update 

Many existing and potential homeowners are wondering whether to move now or delay their plans until they have a clearer picture of how long the pandemic will last.  Since the market reopened here in Scotland in June, people have flocked to estate agents to purchase a new home. Properties are going to closing date, achieving … Continue reading COVID-19 Property Market Update 

Homes Selling at Fastest Rate in 10 Years

According to Rightmove (4 September) one in seven properties are under offer within a week of going to the market following what can only be described as a buying frenzy. The number of homes selling within one week has hit a 10-year high and since the threshold change for Stamp Duty (LBTT) was announced across … Continue reading Homes Selling at Fastest Rate in 10 Years

What’s Driving The Property Mini-Boom?

Despite the country slipping into recession, house prices currently are at their highest level. What has driven this mini-boom and how long will it last? On Monday Rightmove reported that the portal has had its busiest week in 10 years. Since June 29th when the property market in Scotland reopened, estate agents have reported a … Continue reading What’s Driving The Property Mini-Boom?

Should You Continue With Your House Purchase?

This week it was announced that the UK is officially in recession. So, what does this mean for you if you’re planning to move? During a recession when finances are tight job security is in question, many are cautious about buying a new home. However, this is a very unusual time for everyone in the UK … Continue reading Should You Continue With Your House Purchase?

Life In Lockdown Has Dramatically Changed Buyers’ Priorities

It appears that nearly four months in lockdown has changed home buyers priorities with outside space, large kitchens and high-speed broadband taking priority over location and links to public transport. According to a survey commissioned by UK housebuilder Redrow, over 25% of prospective buyers have changed their minds over what aspects of their new homes … Continue reading Life In Lockdown Has Dramatically Changed Buyers’ Priorities

House Prices Set to Rise

According to Zoopla, the surge in demand for property following the easing of lockdown restrictions will carry strong house prices until the end of the year. Even though the rebound in activity in the housing market is expected to subside in the coming weeks in England and after an expected spike here in Scotland, the … Continue reading House Prices Set to Rise

Lowest Ever Mortgage Rates

The average interest rate for two-year and five-year fixed rate mortgages has dropped to the lowest levels since records began in 2007 according to the latest figures from Moneyfacts. That makes it a great time to remortgage. We are currently averaging lower rates than last month’s record low rate following two emergency cuts made to the … Continue reading Lowest Ever Mortgage Rates

Property Market in England Opens Back Up

The property market here in Scotland is set to stay on hold for another few weeks, despite restrictions being lifted in England. How will the ease of restrictions in England affect the property market and could we learn lessons here in Scotland about how to proceed when we are able? In England, employees who cannot … Continue reading Property Market in England Opens Back Up

Buying and Selling Property During COVID-19

Everyone in the property industry is working hard to keep things moving during the coronavirus pandemic. Even though we are social distancing, working from home and home-schooling our children, it doesn’t mean you can’t look for a new property. With many properties still for sale since the lockdown lots of estate agents are still working … Continue reading Buying and Selling Property During COVID-19

Furlough Explained

Before March this year, many people hadn’t ever head of the furlough scheme. With the onset of the coronavirus pandemic it has become something that we are all now familiar with. Whether you have been furloughed by your employer or want to know more about it, here’s our brief guide. If your company cannot give … Continue reading Furlough Explained

Government Advice for Movers

This week the Government issued advice to those thinking of moving or in the middle of a transaction, and it has urged buyers and sellers to adapt and be flexible. It has been advised that if you are in the middle of a house move and a sale has been agreed, to continue with the … Continue reading Government Advice for Movers