Confidence is returning to the UK housing market after a slight dip in the run-up to the EU Referendum, the latest Property Tracker by the Building Societies Association (BSA) has found.
Despite the many different apps and websites that now exist to help homebuyers find their perfect property, many still find that the more ‘traditional’ methods are the best, according to new research from Which?
According to recent research, over 70% of prospective homeowners in Britain would prefer to buy a property in need of work rather than a home that is already in move-in condition.
Solicitors Property Centres Scotland has recently published some initial thoughts on what impact the Brexit decision might have on the property market in Scotland.
The latest House Price Index has revealed that the average property price in Scotland in May 2016 was £141,142. This was an increase of 4.0% on the previous year and an increase of 2.8% when compared to the previous month.
The latest House Price Index from Halifax has revealed that house prices in the three months to May were 1.4% higher than in the preceding three months. This was slightly below April’s 1.5% and was the lowest since November 2015 (1.4%).
Property prices across the UK have risen considerably with many experts stating that those considering selling a property should do so while demand is currently exceptionally high.
The first quarter of 2016 has seen a fall in the length of time taken to sell a property in east central Scotland, according to the latest House Price Report from ESPC. The figures show that the median selling time dropped from 69 days in the first quarter last year to 41 days this year, a fall of 39.9%.
The majority of expensive streets in Scotland are to be found in Edinburgh, according to research from Bank of 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.
There was a 4.1% increase in the number of houses sold across Edinburgh, the Lothians and Fife between May and July 2015, compared to the same period last year.