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Glasgow Solicitors Blog from The GLP

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First-Time Buyers More Positive about Prospects

It was good to hear that first-time buyers are starting to feel more positive about their prospects of getting on the property ladder, according to Aldermore bank.

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Report Gives Insight into Scottish Housing Market

The average price of a property in Scotland in June 2017 was £144,253, according to the latest UK House Price Index. This is an increase of 2.9% compared to June the previous year and an increase of 0.1% over the previous month.

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Proximity to Premiership Football Grounds Impacts Prices

New research by Bank of Scotland has revealed that average house prices close to Scottish Premiership football grounds have increased by 20% over the last ten years.

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Consumer Confidence Falls, but House Prices Rise

There has a been a slight deterioration of consumer confidence in the housing market, caused by short-term uncertainty from the General Election result, according to the Building Societies Association (BSA).

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Help to Buy Scheme Helps Thousands Become Home Owners

The Scottish Government’s Help to Buy shared equity scheme has helped more than ten thousand households purchase a new home.

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CML Publishes Details of Buyer Activity

The Council of Mortgage Lenders (CML) has published details of house-buyer activity during April this year.

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Reports Give Insight into Housing Market Activity

A new report from Registers of Scotland (RoS) has revealed that the total value of the residential sales market in Scotland from 2007-08 to 2016-17 reached over £143.4 billion.

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House Price Index Reveals Annual Price Rise

UK house prices rose by an average of 4.1% on an annual basis, taking the average property value to £215,847, according to March’s edition of the UK House Price Index (UK HPI). On a monthly basis, house prices have fallen by 0.6% across the UK since February 2017.

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Mortgage Lending from the Bank of Mum and Dad

New research has revealed that the Bank of Mum and Dad is now on a par with the 9th largest mortgage lender in the UK and will be involved in 26% of all property transactions that take place in the UK market this year.

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Home Ownership Ambitions Remain Strong

It is good to hear that home ownership ambitions in the UK are still strong, despite the difficulties would-be home owners can experience in raising deposits.

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