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Glasgow Solicitors Blog from The GLP

Contact us for expert legal advice. Speak to a solicitor today.

Housing Market Needs More Houses

The UK Government recently published a White Paper on the housing market in England, describing it as “broken”.

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Housing Activity Slows Slightly in December

There was a slight fall in the number of house sales in the UK in December 2016, according to the latest UK Residential Market Survey by RICS.

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Rise in Number of First-Time Buyers

The number of first-time buyers in the UK rose by 7.3% in 2016, from 312,900 in 2015 to an estimated 335,750, according to the latest Halifax First-Time Buyer Review. This is apparently the highest level since the start of the financial crisis in 2007 (359,900).

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National Park Living Comes at a Cost

House buyers wishing to live in one of the UK’s National Parks will need to pay higher than average prices to secure such a location, new research has revealed.

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House Price Index Reveals Steady Rise Across the UK

The latest UK House Price Index (UK HPI) has revealed an average annual property price increase of 8.4% in August, taking the average property value in the UK to £218,964. On a month by month basis, average house prices rose by 1.3% since July.

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Value of Homes Rise by £21 a Day

The value of homes in Great Britain increased by £21.07 a day on average during the first six months of 2016, according to recently published figures.

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The End of Right to Buy in Scotland

On the 31st July, the Right to Buy, which allows tenants in social housing to buy their homes, will come to an end in Scotland.

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