Moving Up the Property Ladder

It is harder to take the second step on the property ladder than it is to get on the ladder in the first place, according to a recent report. The study, which looked at homeowners looking to sell their first home and buy their second, was conducted by Lloyds Bank. Obstacles for Second Steppers It […]

Report Gives Insight into Scottish Housing Market

The average price of a property in Scotland in June 2017 was £144,253, according to the latest UK House Price Index. This is an increase of 2.9% compared to June the previous year and an increase of 0.1% over the previous month. UK Figures Across the UK as a whole, house prices in June increased […]

Proximity to Premiership Grounds Can Impact House Prices

New research from Halifax has looked at the impact that proximity to the grounds of a Premiership football team can have on house prices. The research looked at house prices of properties near the grounds of all 49 football clubs that have played in the Premier League since 1992, to see which area had hit […]

Milestone Moments Prompt Will Writing

Only around half of UK adults have made a will, according to will writing campaign group Will Aid. When those with a will were questioned about what prompted them to write it, one of the most common reasons given was hitting a significant birthday. In fact, 20% of those interviewed said landmark birthdays, such as turning […]

Consultation over Proposed Will-Writing Reforms

The Law Society of England and Wales has welcomed the launch of a public consultation exercise by the Law Commission over proposed reforms to the laws relating to will-writing. The consultation seeks views on a range of issues around how wills are made in England and Wales and how the law protects will-makers from fraud. […]

Consumer Confidence Falls, but House Prices Rise

There has a been a slight deterioration of consumer confidence in the housing market, caused by short-term uncertainty from the General Election result, according to the Building Societies Association (BSA). Younger Generation are the Least Confident About the Property Market The BSA’s Property Tracker found that just 21% of consumers believe that now is a […]

Reports Give Insight into Housing Market Activity

A new report from Registers of Scotland (RoS) has revealed that the total value of the residential sales market in Scotland from 2007-08 to 2016-17 reached over £143.4 billion. The data is contained in the fifth annual edition of RoS’ 10-year property market report, which looks at trends in the land and property market over […]

Aberdeenshire Sees Biggest Rise in Seaside House Prices

The town of Fraserburgh in Aberdeenshire has seen average house prices rise by more than any other seaside town in Scotland over the past ten years, according to new research from Bank of Scotland. In the past decade, the average house price in Fraserburgh has grown by 95%, from £70,255 to £136,889 – significantly exceeding the […]

Study Predicts Greater Demand for Inheritance Tax Advice

New research from Prudential shows that financial advisers are bracing for a significant increase in demand for inheritance tax (IHT) advice over the coming year. According to the study, 69% of advisers expect demand for IHT planning to grow within the next 12 months, with 37% predicting a substantial surge. A Gap in Confidence and […]

House Price Index Reveals Annual Price Rise

UK house prices rose by an average of 4.1% on an annual basis, taking the average property value to £215,847, according to March’s edition of the UK House Price Index (UK HPI). On a monthly basis, house prices have fallen by 0.6% across the UK since February 2017. Country Breakdown In England, the March data […]