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.
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Blog posts tagged in Property Lawyers Bishopbriggs
New research has revealed that properties listed for sale in Edinburgh receive 145% more interest from prospective buyers than the average property listing in Britain.
One possible area of concern for people buying a new house is whether they will get on with their new neighbours.
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.
...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.
...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.
...An influx of first time buyers and surging house prices have led to an equity boost for many Second Steppers (first time sellers) and given them more confidence in their ability to make the jump to the next step of the property ladder, according to Lloyds Bank.
...City living in Scotland is becoming more expensive according to the Bank of Scotland Affordable Cities Review, which has revealed a drop in home affordability for city dwellers.
...The Scottish Government has launched a new £30 million scheme designed to make it easier for people to buy new homes from small and medium sized housebuilders.
...The latest House Price Index from the Office for National Statistics (ONS) has revealed that UK average house prices increased by 10.4% over the year to October 2014, down from an increase of 12.1% in the year to September 2014.
...Recent figures from the Council of Mortgage Lenders (CML) have revealed that there were 7,500 first-time buyer loans in Scotland in the third quarter of 2014. This is a fall of 1% on the previous quarter, but 15% up on Q3 2013.
...The Scottish Government intends to change the Help to Buy (Scotland) scheme in order to support more people in achieving their ambition of getting onto or moving up the property ladder.
...The number of major events taking place in Scotland this year, such as the Commonwealth Games and the Independence Referendum, caused the housing market in Glasgow and the west of Scotland to stall slightly, according to the GSPC.
...The Office for National Statistics (ONS) has recently released its House Price Index for June 2014, which reveals that UK house prices increased by 10.2% in the year to June 2014, down from 10.4% in the year to May 2014.
...Demand for property continues to grow across Scotland and house price gains remain positive, according to the latest RICS UK Residential Market Survey.
...Registers of Scotland has recently published a report detailing trends in the land and property market over the ten years from 2004 to 2014.
...Homeowners in local authorities with the largest falls in the unemployment rate have seen the value of their property rise by almost £136,000 over a decade, according to new research by Lloyds Bank.
...The housing and mortgage markets look set to continue to show greater levels of activity in 2014, according to the latest forecasts from the Council of Mortgage Lenders (CML).
...Home affordability for second steppers – those home owners still living in their first home but looking to take their next step up the property ladder - has improved in the past year as a result of higher equity levels, according to the latest Bank of Scotland Homemovers Review.
...Mortgage affordability is at its most favourable since 1999 Quarter 2, with mortgage payments accounting for 27% of a new borrower's income in 2013 Quarter 2, according to new Halifax research.This is comfortably below the average of 36% recorded over the past 30 years.
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