The Scottish Parliament has passed a Bill introducing the new Land and Building Transactions Tax which will replace stamp duty in April 2015. The new tax will be more closely related to the value of the property and is expected to be a vast improvement on the current stamp duty tax in place. So, what […]
Archive for the ‘Property Advice’ Category
The Scottish Government has announced that their affordable homes scheme has launched a further procurement round following significant demand from local councils and developers. The scheme allows tenants the chance to rent below market rates for five to ten years before being given priority to buy the property at the end of the rental period. […]
Our latest quarterly house price report shows a widening of the Reality Gap (the difference between what house sellers hope to sell their properties for and the price they actually achieve) as the average price achieved continues to fall. On average properties in Scotland in the first quarter of the year sold for almost exactly […]
Choosing a new house isn’t just about ‘location, location, location’ it’s also about knowing as much as possible about the properties you’re interested in. After all, you don’t want to buy a house where there’s been a gruesome murder or where the neighbour is in a heavy metal band. Home reports and surveys can give you a […]
A new mortgage indemnity scheme which which aims to drive 95% loan to value mortgages back into the lending mainstream and help get the housing market moving again has launched. It will help households who could sensibly and sustainably afford a mortgage on a new build property, but are currently locked out due to high deposit requirements. […]
Property factors across Scotland can sign up to a compulsory registration scheme from August 1. Infrastructure Secretary Alex Neil said the move is both good news for consumers and would help enhance the reputation of this sector of industry. About 225,000 homeowners across Scotland use property managers to carry out repair and maintenance responsibilities of […]
Research from the Bank of Scotland has identified the top 10 areas appealing to aspiring young professionals in Scotland. Naturally, these are based in the main cities of Glasgow, Edinburgh & Aberdeen. You might expect that properties in these ‘hotspots’ come at premium but that’s not always the case with many of these areas offering […]