Boost in Overall Value and Sales of Scottish Property
Glasgow and Edinburgh are the main driving force behind a surge in the Scottish property market according to the latest study on the value of Scottish property. According to data collected from the Registers of Scotland (RoS), sales in Scotland reached an eight-year high with levels not seen since 2008. Data showed that a total […]
First Time Buyers to be Affected by Additional Charge
MSPs have been warned by the Scottish Association of Landlords (SAL) that an additional charge in regards to buy-to-let properties and second homes could deter investment in Scotland and affect first time buyers. Under the proposals, experts have warned that proposed supplement of 3% of the total price of properties over £40,000 could also push […]
ESPC Publishes Review of 2015
ESPC has recently published its review of 2015, which looks back at the property market in east central Scotland over the last year. According to ESPC, 2015 proved to be more buoyant than previous years since the 2008 crash, despite experiencing uncertainties due to the effects of the different Government changes taking place. The average […]
Edinburgh is Home to Scotland’s Most Expensive Streets
The majority of expensive streets in Scotland are to be found in Edinburgh, according to research from Bank of Scotland. The capital city is home to 13 of Scotland’s top 20 most expensive streets, with Aberdeen accounting for four of these prestigious locations and Glasgow two. Mar Hall Avenue in Bishopton, Renfrewshire is the only […]
House Prices Continue to Climb
The UK has seen house prices rise for the third consecutive month, according to the latest Residential Market Survey from RICS. In October, 49% more chartered surveyors saw house prices rise across the UK, compared to 44% more in September. RICS believes that UK house prices will rise by 4.5% per annum over the next […]
East Central Scotland Remains a Sellers’ Market
The latest House Price Report from ESPC has revealed an annual increase of 11.1% in the number of houses sold in East Central Scotland in the three months from July and September this year. At the same time there has been a 2.4% fall in the number of new homes entering the market, and as […]
Flats Experience the Biggest Price Rise
The average price of flats has risen by 60% over the past ten years, compared to an average rise of 38% for all other residential property types, new research has revealed. According to the research by Halifax, the average price of a flat in the UK has risen by £87,550 (£730 per month) over the […]
House Sales Rise but Prices Fall in East Central Scotland
There has been a 10.3% annual increase in the number of houses sold in East Central Scotland between June and August 2015, according to a recent report by ESPC. At the same time there has been 1.0% fall in the average selling price compared to the same period last year. The report also revealed a […]
Government to Introduce Private Tenancies Bill
Earlier this month, the First Minister outlined the Scottish Government’s plans for the final year of this parliamentary term. The wide-ranging legislative programme will see eight new bills introduced, with measures included to strengthen the law on harassment and sexual offending; increase security for private tenants, protecting against excessive rents; and implement the recommendations made […]
Impact of New Borders Railway on Housing Market
New figures published by Registers of Scotland (RoS) have revealed that the new Borders railway has yet to have an impact on the housing market in the surrounding area. According to the figures, in the last three years the volume of residential sales within five miles of the new stops has risen by 50.2% in […]
