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Reid Estates - Latest News
APRIL 26, 2018 | BY Bill Reid
Scottish House Prices 'Out-Rise' UK Average
House prices in Scotland grew significantly more year on year than house prices in the rest of the UK....
APRIL 23, 2018 | BY Bill Reid
Where To Look For A Property In Cyprus
If you're looking to buy a luxury property in Cyprus then here are some of the top places we recommend searching for a property....
APRIL 17, 2018 | BY Bill Reid
Paphos And Limassol Top Spots For Overseas Buyers
According to new research Paphos and Limassol are the top spot for overseas buyers....
APRIL 13, 2018 | BY Bill Reid
Luxury Property In Dubai Becoming More Affordable
Property experts have been discussing how Dubai offers better value for money than other cities around the globe. Visit our blog to find out more details....
APRIL 04, 2018 | BY Bill Reid
What To Do In Dubai
You’ll be constantly entertained in Dubai but there are a few sights you must see above others. Find out what adventures you can get involved in here!...
MARCH 25, 2018 | BY Bill Reid
Homeowners Spend Just A Fifth Of Salary On Scottish Mortgages
Research shows that homeowners in Scotland spend just one-fifth of their salary on their mortgage....
MARCH 12, 2018 | BY Bill Reid
Strong Growth In Cyprus Property Sales
The Department of Lands and Surveys have released figures that show how sales of properties in Cyprus rose 46% last month, compared to February 2017. ...
FEBRUARY 27, 2018 | BY Bill Reid
Spanish Property Market On Road To Recovery
Recent figures show that the Spanish property market is on the road to recovery!...
FEBRUARY 20, 2018 | BY Bill Reid
How To Avoid Pitfalls Buying Property In Cyprus
There are potential pitfalls when looking to purchasing a property in Cyprus but luckily we have the expertise & knowledge to guide you through right here!...
FEBRUARY 10, 2018 | BY Bill Reid
Florida's Best Alternative Attractions For Thrill Seekers
There's much to do & see on a trip to Florida so take a look at this list which gives you some top picks that should definitely be on your to do list....
FEBRUARY 10, 2018 | BY Bill Reid
Cyprus Property Sales Rise By 24%
In the past 12 months the number of Cyprus properties sold increased by 24 per cent compared with what was sold in 2016....
FEBRUARY 01, 2018 | BY Bill Reid
The Yard Opens In Dubai!
The Yard boasts a lake, landscaped picnicking areas, a bakery, an organic farmer’s market and both indoor & outdoor restaurants and. Find out more here....
JANUARY 25, 2018 | BY Bill Reid
Spanish Property Prices On The Rise
The price of Spanish properties had increased by 6.7 per cent in the third quarter of 2017....
JANUARY 18, 2018 | BY Bill Reid
Invest Now In South Florida Property
A new tax reform bill means significant savings could be achieved by people who move to South Florida....
JANUARY 17, 2018 | BY Bill Reid
Europe’s Largest Casino To Open In Cyprus
Europe’s largest luxury casino is being developed in Cyprus and will give the economy of the island a brilliant boost. Read on to find out more details....
JANUARY 05, 2018 | BY Bill Reid
Luxury Property In Scotland: Most Expensive Streets Revealed!
A recent study has revealed the most expensive streets to live in Scotland to help those looking to move there in the future. Read on to find out more....
JANUARY 03, 2018 | BY Bill Reid
Orkney Named ‘Second Best Place To Live In UK’
Orkney has been named the second best place to live in the UK in the Bank of Scotland’s Quality of Life Survey. Read on here to find out more details......
DECEMBER 18, 2017 | BY Bill Reid
What's Coming To Life In Dubai In 2018?
There are some exciting changes afoot in Dubai in 2018. Here is a rundown of what to expect....
DECEMBER 08, 2017 | BY Bill Reid
Is Now A Good Time To Buy Luxury Dubai Property?
Research found that residential property values fell by 1.9 per cent in the third quarter of this year. Take a look at our blog to find out further details....
NOVEMBER 27, 2017 | BY Bill Reid
New Series Of Luxury Villas On Sale At Dubai Hills Estate
The villas set to go on sale by the end of November are certainly exclusive, with just 144 available in total....
NOVEMBER 20, 2017 | BY Bill Reid
Pitfalls To Avoid When Emigrating
If you are looking to make the move over to a new country, there’ll be lots you won’t fully know until you’re actually living there. Here is some things yo must consider!...
NOVEMBER 16, 2017 | BY Bill Reid
Great Reasons To Move To Scotland
If you're thinking of moving to Scotland then here we have listed a number of reasons why it could be the best decision you ever make! Read more here....
NOVEMBER 13, 2017 | BY Bill Reid
Cyprus Property Sales Rose 18% In October
Recent data shows that virtually every Cypriot district experienced growth in property transactions during October. Read on here to find more details....
NOVEMBER 01, 2017 | BY Bill Reid
Scottish Commuters ‘Can Save Money’ Living Outside Bigger Cities
New research has revealed that house prices for those living half an hour outside Glasgow are 13 per cent lower than those in the city. Read more here....
NOVEMBER 01, 2017 | BY Bill Reid
South Florida Real Estate Market ‘Resilient’
According reports, Hurricane Irma only caused temporary disruption to the market, & the region’s real estate markets is positive. Read more details here....
OCTOBER 23, 2017 | BY Bill Reid
Cyprus Property Construction On The Rise
Research shows that show that both the country’s housebuilding levels and property prices are on the rise....
OCTOBER 13, 2017 | BY Bill Reid
Scottish Cities Proving Popular For Luxury Developments
A growing number of developers are tapping into the market for luxury properties close to cities such as Glasgow, Edinburgh & Aberdeen....
OCTOBER 11, 2017 | BY Bill Reid
Overseas Buyers Target Cyprus
Luxury property in Cyprus is more popular than ever, with the total number of sales to overseas buyers up 65 per cent in August, compared to a year earlier....
OCTOBER 03, 2017 | BY Bill Reid
Malaga Property Boom Gains Pace
14,600 new businesses have been created in Malaga since 2013, 20% of which are estate agencies....
OCTOBER 02, 2017 | BY Bill Reid
How To Survive Summer In Dubai
Even people who’ve lived in the Middle East for years can find it tough going in the height of summer so here are a couple of top tips to help you make it through in one piece!...
OCTOBER 02, 2017 | BY Bill Reid
4 Reasons To Consider Moving To Florida
Thinking of relocating overseas? Well, here are just a couple of reasons why you should perhaps think about looking for Florida properties right now....
SEPTEMBER 25, 2017 | BY Bill Reid
Spain Top For 'Casual And Relaxed' Expat Experience
If you are a Brit living overseas, Spain offers a lifestyle that is both casual and relaxed - the perfect duo for a new life in the sun....
SEPTEMBER 15, 2017 | BY Bill Reid
Experts Predict What Dubai Will Look Like In 50 Years
126 individuals working in various sectors of construction and design industries in Dubai have shared their predictions for what’s to come....
SEPTEMBER 14, 2017 | BY Bill Reid
Cypriot Turtles Disrupt Wedding Party
Local environmentalists picketed the event after the planners used a bulldozer to ready the beach....
SEPTEMBER 13, 2017 | BY Bill Reid
Spain’s Luxury Properties Rising In Price
The price of high-end homes in Spain has increased by seven per cent in the first half of this year,...
AUGUST 22, 2017 | BY Bill Reid
Underwater Homes ‘Next Step’ In Dubai Luxury Property
Property developer The Kleindienst Group is taking luxury living to a whole new setting - underwater....
AUGUST 02, 2017 | BY Bill Reid
Scottish Country House Property Market ‘Sees Prices Fall’
Prospective housebuyers thinking about heading north of the border and investing in luxury property in Scotland might want to book a few viewings of some of the country houses...
SEPTEMBER 21, 2016 | BY Bill Reid
House price statistics for Scotland...
SEPTEMBER 14, 2016 | BY Bill Reid
Financial and Housing market update...
JULY 20, 2016 | BY Bill Reid
House hunters are at their lowest for 2 years a new report from the NAEA shows the demand for housing is down 22% from March and 26% of the total sales made in April were to FTB. Not a great story if you are a house mover....
JULY 20, 2016 | BY Bill Reid
Who said “a week in politics is a long time”? We have certainly had an eventful two weeks. Now the £ is climbing, the stock market is the highest for almost a year, interest rates are almost certain to fall this week if not very soon. Mortgage rates have been falling all year and about to get another push lower....
MAY 20, 2016 | BY Bill Reid
Since 2008 the Bank of England (along with other central banks) and the Government have been trying to stimulate the economy and fend off deflation. To that end we have seen interest rates cut to 0.5% and numerous forms of quantative easing or asset purchase programs....
APRIL 14, 2016 | BY Bill Reid
The Office of National Statistics (ONS) has shown the average house price inflation to February 2016 to be 7.6%, down on last year for the same period (7.9%). The ONS reported that house price annual inflation was 8.2% in England, 2.8% in Wales, 2.4% in N Ireland and – 0.8% in Scotland....
MARCH 25, 2016 | BY Bill Reid
According to the ONS (Office of National Statistics data on house prices, the value of the average home in the UK increased by 7.9% in the year to January 2016, a rise of 1.2% compared to December 2015.The report outlined that the annual house price inflation was 8.6% in England, minus 0.3% in Wales, 0.1% in Scotland and 0.8% in Northern Ireland.The driving force behind the increase is of course SE England up 11.7%, but even in England it is still patchy growth. NE England had a fall of 3.1%.Still up is up, no matter how slight and we have certainly seen a major surge in both viewings and sales, this being our busiest year to date. It is still very much the lower end that is moving quickest, but it is starting to move up the price ladder, which has to be good news for all.Scotland stood at a growth of 0.1% (average), indicates that there are as many below as above, so many house holders are still struggling to sell. Positive figures can only be good news no matter how slight and coupled with our dramatic increase in sales and viewings is certainly encouraging.Below I add our budget brief which may be of interest to you....
FEBRUARY 17, 2016 | BY Bill Reid
I have attached the Scottish Housing Market Review for Quarter Four for your interest.I have highlighted areas of interest, such as house price growth which shows a significant fall, to almost zero. House sale transactions which still have not recovered to pre-recession levels....
JANUARY 06, 2016 | BY Bill Reid
Welcome to 2016! I thought it would be useful for us to review the Scottish Housing Statistics for quarter 4 of 2015. The daily press we read constantly talks of the UK market as a whole, but the true picture in Scotland is very different to that of England. A reality check is always useful....
DECEMBER 14, 2015 | BY Bill Reid
As we come to the year end there are signs that the housing market may be starting to climb out of the doldrums. It is still very patchy and many sellers have not adjusted there prices after the recession, so we have some houses going back up in price and selling whilst others sit and wait for prices to catch up with them post-recession. Just as we see signs of recovery, America is almost certainly going to put interest rates up at the end of this year or early next. This will no doubt send shock waves round the World as people fear the same happening at home....
NOVEMBER 12, 2015 | BY Bill Reid
Market updatePortability of mortgages has seemingly become a serious issue, with cases highlighted in the media where people have been unable to move because they cannot get mortgages, even where they wish to downsize and need smaller loans....
OCTOBER 28, 2015 | BY Bill Reid
The number of mortgages approved by the big British banks in September fell to its lowest since May.The fall is attributed to the shortage of homes on the market.The NAEA also reported on a worsening shortage, saying that in September there was an average of 37 properties per branch....
OCTOBER 21, 2015 | BY Bill Reid
Europe seem to be stagnating a bit at present having an effect on not only our economy but also housing market. Uncertainty, causes people to sit on their hands rather than making bold decisions and there is no bigger decision for most households than moving house. So where next for Europe after the Greek crisis for those who believe it is over (I don’t)....
OCTOBER 15, 2015 | BY Bill Reid
Market Update.I have attached the NAEA response to the Scottish Parliaments Finance Departments request for evidence on the new Land and Buildings Transaction Tax Scotland (LBTT)...
OCTOBER 07, 2015 | BY Bill Reid
Market UpdateIt is likely that the Governor of the Bank of England in his report on Thursday will highlight the UK economy is losing its fizz and it might be a while before it gets going enough to spark inflation. A report this week showed services grew at the weakest pace in more than two years, signaling a slowing economy that underlines the case for holding the key rate at a record low....
OCTOBER 01, 2015 | BY Bill Reid
Response to the Scottish Parliament’s Finance Committee call for evidence on The Land and Buildings Transaction Tax (LBTT) from the NationalAssociation of Estate Agents (NAEA) October 2015...
SEPTEMBER 30, 2015 | BY Bill Reid
According to recent findings, the number of re mortgagors who anticipate rate rises has increased significantly in the last six months, from 16% in February to 28% in August; and 6% up from July’s 22%....
SEPTEMBER 23, 2015 | BY Bill Reid
Market UpdateAverage earnings in the three months to July rose at their fastest rate for six years. Consumer price inflation fell back to zero in August, from 0.1% the month before. This was in line with the consensus forecast and was helped by a fall in petrol prices. Core inflation, which leaves out volatile food and energy prices, also fell, from July’s 1.2% to 1%....
SEPTEMBER 16, 2015 | BY Bill Reid
The World awaits the USA interest rate announcement on Thursday; many are expecting a hike of 0.25%, the first rise in 9 years. This is unsettling markets Worldwide, many believing it is still too early. The difficulty in judging, is interest rates are used to tinker with the economy 6 to 12 months in advance, so it depends where the Americans see their economy in a years’ time. My personal view is it is still too early, but we will have to leave that decision to Obama. On the positive side, if rates where to go up it would be a strong indication that the World has finally shaken of the effects of the worst banking crisis in history and worst recession since the 1930s. I don’t believe it has, yes we are on the mend, but not ready for the recovery to be dampened down....
SEPTEMBER 10, 2015 | BY Bill Reid
At its meeting ending on 9 September 2015, the MPC voted by a majority of 8-1 to maintain Bank Rate at 0.5%.The MPC admitted that there remains a "range of views among MPC members about the balance of risks to inflation relative to the target". At the Committee’s latest meeting, the majority of members judged that the current stance of monetary policy remained appropriate. However Ian McCafferty preferred to increase Bank Rate by 25 basis points, given his view that building domestic cost pressures would otherwise be likely to lead to inflation overshooting the target in the medium term....
SEPTEMBER 09, 2015 | BY Bill Reid
Mortgage lending was up in the second quarter 2015 by 11%on quarter one. This should be good news, but much of it was re mortgages, people locking in a fixed rate in fear of a rate rise, which is much further down the road than the B of E would have us believe. 5.5% of the increase was BTL rather than FTB whom we desperately need to get the property market back into balance....
SEPTEMBER 02, 2015 | BY Bill Reid
Market UpdateDrops in home ownership and social housing have fuelled growth in Scotland’s private rented sector....
AUGUST 19, 2015 | BY Bill Reid
House market updateResidential property prices look set to increase further this year, as demand from buyers continues to heavily outstrip the supply of homes coming on to the market, the latest residential market survey from the Royal Institution of Chartered Surveyors (RICS) has revealed....
AUGUST 12, 2015 | BY Bill Reid
Market UpdateHMRC has reported a fall in housing transactions particularly at the higher end, and official figures suggest it may be due to the changes in stamp duty. I think we could have all told them that last year when the stamp duty, now Land and Buildings Transaction Tax (LBTT), was raised quite considerably for any property over £325,000. Every time tax is put up, tax takes fall, yet successive Governments continue to make political statements rather than run the Country efficiently. As I suggested at the time, the lower end of the market, where there is no LBTT, house prices have gone up and the first time buyer has a bigger problem than before, not to mention the HMRC get no tax take. At the higher end transactions have fallen by almost a third leaving a big hole in the revenues income. Between Jan and June 2014 there was 3,044 transactions over £1.5m, this year over the same period there was only 2,026....
AUGUST 05, 2015 | BY Bill Reid
The changing face of the housing market...
JULY 29, 2015 | BY Bill Reid
Sales volumes slipped badly across the UK, down by 19% last month. London was hit even harder down 26%. Average house prices stood firm, with slight rises in some areas....
JULY 22, 2015 | BY Bill Reid
Market UpdateThe post-election boost that so many expected has not materialised, in fact there has been a falloff in calls to agents Nationwide, not an uplift....
JULY 17, 2015 | BY Bill Reid
Market UpdateThe Governor of the Bank of England gave a speech yesterday, highlighting the intension for interest rates to start a slow recovery next year if the economy holds firm....
JULY 09, 2015 | BY Bill Reid
Market UpdateI’m sure you are all “budget drunk” by now with the media analysing the “winners and losers” and hoping to sell more newspapers on the back of it....
JULY 01, 2015 | BY Bill Reid
Market Update 1/7/15Well its happened, only took 10 years and a lot of procrastinating, but Greece at long last has been allowed to default. As I have said many times in the past, markets need certainty. As proof all stock markets Worldwide gained substantially this morning, the UK by as much as 1.5% on the back of “bad news”!...
JUNE 24, 2015 | BY Bill Reid
UK housing transactions in May were down 4.5% on May of last year when there were 103,110 sales. While the figures show what a long way the market has come from its darkest days – in May 2009, there were only 64,640 transactions – transactions are still a long way behind pre-recession figures....
JUNE 17, 2015 | BY Bill Reid
Rightmove have said that asking prices for properties new on the market had shot up 3% – the highest ever rise in June equating to £8,460 – to £294,351. (UK wide), but new sellers are staying away, starving the market of stock, the post-election rise failing to materialize....
JUNE 10, 2015 | BY Bill Reid
We attended a NAEA meeting today in Dundee for a regulatory update. As expected all agents North of the Border are experiencing difficulty at the top end of the market as a result of Land and Buildings Transaction Tax (the old stamp duty). Edinburgh has been hit hard with its increased values. The feeling is, that having changed twice last year, it is unlikely to change again soon. Short of the Scottish Government starting to realise that they are not getting the revenue they had expected, I feel we are stuck with it for now....
JUNE 03, 2015 | BY Bill Reid
Oil has started to decline in price again as Iraq has joined the Middle East race to undercut the American shale oil. This can only be good news for long term growth....
MAY 27, 2015 | BY Bill Reid
Market UpdateNow that the election is over we are seeing more interest in property, viewings are up which in turn will result in sales at some point....
MAY 20, 2015 | BY Bill Reid
Market UpdateI would like to look at two issues this week which are having an effect on our housing. The first is Greece, the European Central Bank meets today in a continuation of the Greek saga, both sides seem reluctant to give ground, yet it seems unlikely that Greece can continue much longer in the current state of affairs. This is having an effect on all markets....
MAY 13, 2015 | BY Bill Reid
What the election result means to house pricesThe result of the general election has put an end to the recent spell of uncertainty that has stalled the housing market....
MAY 06, 2015 | BY Bill Reid
Market UpdateIt was a week of disappointing news from the developed economies, which impact on our markets....
APRIL 29, 2015 | BY Bill Reid
Europe seems to have checked deflation with QE. April figures show that it has not moved last month, let’s hope that continues, a stable Europe is good for the UK and good for our housing markets....
APRIL 22, 2015 | BY Bill Reid
Market UpdateThe International Monetary Fund (IMF) is optimistic about the prospect for Global Recovery over the next two years with America and the UK leading the way....
APRIL 15, 2015 | BY Bill Reid
The Council of Mortgage Lenders (CML) shows that house purchase lending fell dramatically in February 15, down 16% on the same month last year. January was also down, but only 1%. We await figures for March....
APRIL 08, 2015 | BY Bill Reid
Is There Oil On Your Doorstep?...
APRIL 01, 2015 | BY Bill Reid
The General Election is having the usual effect of slowing the property market, buyers waiting to see the outcome and direction their finances are likely to go in before committing....
MARCH 25, 2015 | BY Bill Reid
Inflation is now officially zero as predicted and will no doubt drop even lower into the minus. This coupled with a strong pound makes a back drop for long term low inflation, which in turn means long term low interest rates. All good news for the home buyer you would think. And yet home sales fell across the UK by 8% Feb 14 to Feb 15. And house prices fell 0.2% between December and January. Quite a mixed bag when we consider the mad flurry we had here in Perthshire at the start of the year. The Perth area does seem to have tailed off, yet Dundee is still going strong....
FEBRUARY 25, 2015 | BY Bill Reid
Another good week on the housing front, with viewings up and offers up. There is a UK wide shortage of property coming on to the market, all estate agents reporting reducing stock. You would think that would push prices up in the future, we are not seeing it yet but I’m sure it is ahead of us. There is definitely some real movement in the market place....
FEBRUARY 11, 2015 | BY Bill Reid
House prices remain stable in Scotland and viewers continue to rise. There still seems to be doubts about interest rates, and mortgages for some are still difficult to achieve. Even David Cameron said last week “Britain needs a pay rise”. He has finally listened to me!...
FEBRUARY 05, 2015 | BY Bill Reid
As we move from January into February the property market is maintaining its pace at both ends. The top end and first time buyers/buy to let’s going well. Mortgage approvals are also on the up slightly, which is even more encouraging and viewing levels being maintained. Hopefully we are seeing the start of some real movement. We are still lagging the rest of the UK and unfortunately falling further behind, but any improvement is welcome. Please see the graph from the Office of National Statistics....
JANUARY 29, 2015 | BY Bill Reid
Another week passes with no great surprises, Greece voted the way we anticipated, the European Central Bank started QE as anticipated, only 4 years late, but Brussel’s never did like to rush. The markets Worldwide have been clouded with the uncertainty, but let’ s not get too excited, the total Greek economy, is smaller than the profits of Apple!, good to keep things in perspective I always think. In the short term all markets including property will feel insecure, but common sense will prevail. Greece has always been about politics, never economics, in monetary terms it really is irrelevant....
JANUARY 22, 2015 | BY Bill Reid
The European Central Bank (ECB) has just announced a programme of Quantitive Easing (Buying bonds (pumping money into the economy)) at 60 billion Euros per month from March until the end of 2016. This is far more than the markets expected, showing that at long last they are taking matters seriously or the problem is worse than we thought! Either way, now that they are addressing the problem it can only be good news for the UK economy and therefor our housing market....
DECEMBER 23, 2014 | BY Bill Reid
House prices falling in a THIRD of the country sparking fears of a nationwide slowdown...
DECEMBER 09, 2014 | BY Bill Reid
How encouraging is property tax?Britons pay one of the highest proportions of property tax in the world, it has been revealed.Researchers have found that £1 in every £8 which is paid to the taxman is levied on people’s homes and business premises....
NOVEMBER 25, 2014 | BY Bill Reid
Where the economy goes the housing market will follow. So for a change let’s turn away from property and look at the real World economy.Wall Street continues to rally as the US economy recovers and China’s rate cut gives a further lift to global stock markets....
NOVEMBER 20, 2014 | BY Bill Reid
Reducing mortgage rates may help to stimulate the marketThe mortgage price war could intensify over the final three months of the year as lenders attempt to regain market share after significantly reducing the availability of home loans over the summer....
NOVEMBER 12, 2014 | BY Bill Reid
Good news on the horizon.The Governor of the Bank of England (GBE) has announced today that he expects inflation to fall below 1% in the next six months, which pushes back any hope of an interest rate rise towards the end of next year at the very earliest (more likely beyond). You will note this is something I have been indicating for some time now and hopefully the media will start reporting reality rather than scare mongering of potential rate rises....
NOVEMBER 05, 2014 | BY Bill Reid
Mortgage lending dipped in September the Bank of England has reportedThe number of approvals for house purchase loans was 61,267 compared with the average of 64,720 over the previous six months, and down from August’s figure of 64,054. House purchase approvals were also at their lowest level for 14 months, and down 8.7% on September a year ago. Re mortgaging approvals also fell in September, as did the number of mortgage approvals for other purposes. In total, mortgage approvals were down 12.3% when measured year on year....
OCTOBER 29, 2014 | BY Bill Reid
Where is the housing market going?There was a marginal increase in the amount of private rents paid by tenants in the UK in September, new figures show....
OCTOBER 21, 2014 | BY Bill Reid
There were 97,450 property transactions across the UK in September, HMRC has reported....
OCTOBER 08, 2014 | BY Bill Reid
At Last! Confusing house price surveys to be replaced by just one. A consultation has been launched on the development of a single definitive house price index....
OCTOBER 01, 2014 | BY Bill Reid
Stamp DutyStamp duty in Scotland changes on 9 October 14 and will be implemented in April 15, but we would do well to remind ourselves that this is a major source of revenue rather than a controller of house prices. It therefor follows that when the changes come, they may get rid of some of the distortions in the market, but no Government is going to give up that source of income, indeed the net changes in October may well see an introduction of a lower rate at a lower level. The chart below shows the current situation for 1013/14 to date, you know where your own house lies. This coupled with restricted lending and banking criteria much more stringent, gives the purchaser quite a large deposit to accumulate. In theory 95% lending is back, but in practice it is hard to qualify for more than 75%, add that to the chart below and you will understand why the current buyer would think twice....
SEPTEMBER 23, 2014 | BY Bill Reid
The property industry reacted positively to the result of last week’s Scottish independence referendum, with many experts predicting that activity levels in the housing market north of the border will now rise in the coming weeks and months as the market returns to more normal trading conditions following the certainty provided by a ‘No’ vote....
SEPTEMBER 10, 2014 | BY Bill Reid
House price momentum slowed to the same level it was a year ago and new buyer inquiries fell for the second consecutive month in August, the RICS claimed this morning....
SEPTEMBER 01, 2014 | BY Bill Reid
Mortgage lending dipped in September the Bank of England has reported.The number of approvals for house purchase loans was 61,267, compared with the average of 64,720 over the previous six months, and down from August’s figure of 64,054. House purchase approvals were also at their lowest level for 14 months, and down 8.7% on September a year ago....
AUGUST 20, 2014 | BY Bill Reid
House prices in the UK went up 10.2% in the year to June, the Office for National Statistics (ONS) has said....
JULY 30, 2014 | BY Bill Reid
You may wish to read the Hilary Osborne report on Scottish Housing matters, which gives food for thought! It certainly reflects what we are experiencing:...
JULY 24, 2014 | BY Bill Reid
NAEA Housing Market ReportSeptember 2014First Time Buyers squeezed even further out the market...
JULY 16, 2014 | BY Bill Reid
UK house prices rose by 10.5% in the 12 months to May, the Office of National Statistics (ONS) has reported....
JULY 01, 2014 | BY Bill Reid
Mortgage lending falls to lowest for nearly a yearLenders approved the fewest number of house purchase mortgages in almost a year during May....
JUNE 26, 2014 | BY Bill Reid
Dear allBank of England announcement 26/06/14The Bank of England has taken fresh steps to prevent people from taking on unaffordable mortgages....
JUNE 25, 2014 | BY Bill Reid
There were nearly 100,000 property transactions last month, HMRC has reported....
JANUARY 14, 2014 | BY Bill Reid
Is property at long last on the move?It has taken a long time for the real economic figures to filter through to the housing market, but our first week back to work in January hit us with a 400% leap in viewing request! Hopefully a sign of what is ahead of us and more importantly conversion to sales....
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