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Hennessy Bowie Solicitors News

The latest legal news from Hennessy Bowie & Co

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Subscribe to this list via RSS Blog posts tagged in Buying a House Lenzie

An interesting piece of research released recently by Lloyds Bank has revealed that living close to a well-known supermarket chain can add as much as £22,000 on average to the value of your home.

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Posted by on in Conveyancing

Confidence in the outlook for house price growth appears to be unaffected by a sharp rise in the proportion of the British public who are expecting an interest rate rise in the next 12 months.

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Home owners living in their first home are increasingly looking to move into bigger four bedroom detached houses, reducing the number of steps they’re taking on the property ladder to get to their long term family home.

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A fifth of UK adults consider a high-speed internet connection to be an increasingly important factor in choosing a home and are prepared to pay more for a home with a good broadband connection, recent research by Halifax has found.

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Posted by on in Conveyancing

Halifax has recently released its House Price Index for April, which shows that house prices in the latest three months (February - April 2014) were 2.3% higher than in the preceding three months (November 2013 - January 2014).

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The Law Society of Scotland is to consult with solicitors, lenders and consumer interest groups on proposals to change its rules on conflict of interest in property transactions.

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The Law Society of Scotland is to set up a working group to look into Scotland's residential conveyancing practice and procedure with a view to enhancing and developing the process to meet the needs of home buyers in the 21st century.

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The ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom, according to recent research from Halifax.

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Posted by on in Conveyancing

The average house price of new build property in the UK has increased by 12% over the past five years with the average price now at £233,822. This is 9% higher than the UK average house price for all properties, according to analysis from Halifax.

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Posted by on in Conveyancing

House prices in the first three months of 2013 were 1.2% higher than in the final three months of 2012, according to the latest Halifax House Price Index.

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Posted by on in Conveyancing

Home affordability for city dwellers in Scotland has improved by nearly a quarter since 2008, according to the Bank of Scotland Affordable Cities Review. The average price when buying a city home in Scotland (£159,450) stands at 5.15 times gross annual average earnings – 22% below the peak of 6.57 in 2008. 

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