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Glasgow Solicitors Blog from The GLP

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Scotland Expected to See Increase in Property Sales

The Royal Institution of Chartered Surveyors (RICS) has published its latest UK Residential Market Survey, which found that momentum continued to slow in the UK housing market in March as buyer demand fell for the twelfth consecutive month. 

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Annual Review of Scottish Residential Property Market

Registers of Scotland (RoS) has published its 2017 Property Market Review, which shows that the average price of a residential property in Scotland rose compared to the previous year, and that there were also increases in the volume and market value of property sales. 

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First-time Buyer Mortgage Lending Reaches Ten-Year High

New data published by UK Finance has revealed that mortgage lending for first-time buyers, home movers and buy to let purchases all fell in December 2017 compared to the previous year, however, 2017 overall saw the highest number of first-time buyers (365,000) since 2006. 

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Value of British Residential Property Market Rises

New analysis has revealed that the value of the British residential property market rose by 3.5% over the course of 2017 to £8.29 trillion. 

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Figures Reveal Dip in Prime Property Market

The prime property section of the Scottish housing market has seen a sharp decline in property sales, according to new research from Bank of Scotland

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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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