There is a real lack of understanding about the house buying process and associated costs amongst those looking to buy their first home, new research has revealed.
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October brought the second Friday the 13th of this year, and to mark the occasion Registers of Scotland (RoS) carried out some research to see whether the date affects people’s property buying habits at all.
The average price of a property in Scotland in December 2016 was £141,553, according to the latest UK House Price Index (UK HPI). This is an increase of 3.5% on the previous year and a decrease of 0.2% when compared to the previous month.
The latest House Price Index from Halifax has revealed a 1.6% increase in house prices in the three months to July, compared to the previous three months. This exceeds the 1.1% increase seen in June, and is similar to the rates recorded in April and May (both 1.5%)....
The UK has seen a significant rise in the average price of flats, according to recent research by Halifax. The analysis found that flat prices have risen on average by £86,474 (£1,029 per month) since property prices were at their lowest in late 2008 – from £150,749 in Q4 2008 to £237,223 at the end of 2015....
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