The recovery in the house market should boost Bellway’s results next week, while the same factor may lift BSkyB’s figures as households are more likely to change TV and phone provider when they move. Government efforts to pump up the housing market should ensure a year of surging profits and sales for housebuilder Bellway when […]
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A LANDMARK £12 billion Help to Buy Scheme has prompted concerns of a house price bubble by creating more purchasers for fewer properties in Scotland. Britain’s state-backed lenders are bracing themselves for a flood of interest from the newly launched scheme which helps homebuyers obtain mortgages worth up to 95% of property values. But it […]
ESTATE agent and letting business Clyde Property is eyeing expansion and new office openings after a rise in profits and turnover. The property firm plans to open a Perth office in the first quarter of next year, as well as increasing the number of properties in its letting portfolio, by about 20%, to 3000. A […]
SCOTS homebuyers are to be helped on to the housing ladder with a new £220 million scheme under which the SNP Government will subsidise a 20% stake in purchases of new properties. The three-year shared-equity scheme comes after a UK house price surge of 5% last year, credited mainly to a rise of 10% in […]
Buyers of new-build homes could be in line for up to £80,000 of help as part of a Scottish Government scheme hailed as a potentially “game-changing initiative”. Ministers have allocated £220 million over three years for the new Help to Buy (Scotland) shared equity scheme. From Monday, both first-time buyers and existing homeowners buying a […]
MONTHLY house sales in Scotland are up to their highest for five years as the nation experiences a boom in first-time buyers. A new report by LSL Property Services and researchers Acadametrics showed sales rose by 27% between June and July and predicted a climb in house prices in Scotland. It said first-time buyers were […]
A LUXURY housing development in Newton Mearns has been named the best in Scotland. The Westpoint Homes site at Barronsfield Grange, on the eastern edge of Newton Mearns and with prices ranging from almost £350,000 to £700,000, took the development of the year prize, supported by Scotland’s Homes, at The Herald Property Awards for Scotland. […]
HOUSEBUILDER Barratt Developments has said the housing market recovery is spreading beyond the south east of England as it highlighted high levels of demand in cities including Aberdeen and Edinburgh but it dismissed talk of a price bubble as “premature”. The group announced a 73.7% rise in pre-tax profit to £192.3 million for the 12 months […]
House prices are 5.4% higher than last summer as property market activity intensifies, figures from the Halifax show today. The lender said prices across the UK rose 0.4% in August, the seventh consecutive monthly increase, resulting in an average figure of £170,231. Prices in the three months to August were 5.4% higher than in the […]
THE sunshine might finally have disappeared behind autumnal cloud, but anyone interested in the housing market might still have felt dazzled in recent days. It has been almost impossible to open a newspaper or sit through a TV news bulletin without witnessing tidings of the great British housing recovery. Prices are up about 3% a […]