By Victoria Allen, Daily Mail, Wednesday 15 February, 2012 THINGS are looking up for homebuyers in Scotland, with prices down almost £1,500 over the past year. The average cost of a home has fallen for the last three months, to £146,913, encouraging buyers to take advantage of the trend. Sales have more than halved since [...]
Read more →By Victoria Allen, Daily Mail, Monday 13 February 2012 SCOTLAND has become a buyers’ market, with homeowners slashing their prices—but still being offered an average of £9,000 below the asking price. The power is in the hands of the buyers because there are so few of them, with sales stalling as deposits rise and banks [...]
Read more →By Karrie Gillett, The Scotsman, Monday 13 February 2012 HOMEBUYERS are still offering less than the advertised cost of a property despite more sellers dropping the asking price, according to a new report. The average property sold for around £9,000 less than the asking price in the three months to December, the s1homes Scottish House [...]
Read more →[Report from Contact IFA www.connectifa.co.uk] 2 February 2012 AT LAST it looks like the lenders are trying to help stimulate the market as another two lenders launched 95% mortgages this week. At least ten lenders are now offering high LTV mortgages to help people with minimal deposits to still buy their own home. One lender [...]
Read more →By Mark Melville, CompropScotland 29 January 2012 PRIME Scottish property prices slipped by 3.2% in 2011, but the Scottish Borders bucked the trend, rising by 1.2%—according to Knight Frank’s latest ‘Prime Scottish Property Prices’. Scottish prime house prices down 1.3% in Q4, after a 1.5% decline in Q3 Values are down 3.2% on an annual [...]
Read more →By Stewart McIntosh, Comprop Scotland Monday, 30 January, 2012 KNIGHT FRANK/Markit’s January House Price Sentiment Index (HPSI) shows that the rate of decline in house prices was similar to that in December. While only 5% of households said that the value of their home had risen since December, around 19% reported a fall. The resulting [...]
Read more →Analysis by Jeff Salway, The Scotsman, Saturday 28 January 2012 THERE has been little to shout about in Scotland’s housing market over the past four years—yet while activity remains subdued, not everyone is losing. The buy-to-let market helped drive the unsustainable surge in house prices in the mid-2000s before it was hit hard by the credit [...]
Read more →By Jenny Fyall, Property Watch, The Scotsman, Saturday 28 January 2012 BUYING a home in Scotland is 6 per cent cheaper than renting, according to a new study. Average monthly mortgage payments for a three-bedroom house in Scotland were £510 in December, £30 lower than the average monthly rent of £540 paid on the same [...]
Read more →By Tim Dawson, Sunday Times Scotland STATIC house prices have now made Scotland the most affordable place in Britain to buy a home. According to Registers of Scotland latest figures, average prices at the end of December 2011 were exactly the same as they were at the end of 2010—and research by the Bank of [...]
Read more →By Dominic Jeff The Scotsman, Thursday 12 January SCOTTISH housebuilder CALA group said yesterday it had extended its debt facility with Lloyds, while sales of its homes continue to recover. The Edinburgh firm said the new £180 million facility was secured on broadly the same terms as its previous agreement with the bank, adding that [...]
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