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Property sales and prices up across Scotland, latest official figures show

Property prices are continuing to rise in Scotland annually and month on month while sales have increased substantially towards the end of 2016, the latest index shows. Average prices were up 1.5% month on month in November 2016 and 3.3% year on year to an average of £143,033, according to the data from the Registers […] The post Property sales and prices up across Scotland, latest official figures show appeared first on PropertyWire . Continue reading

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Home buyers in UK set to benefit from continued low mortgage rates during Brexit negotiations

Home owners and would be first time buyers are unlikely to see mortgage rates rise in the short term, according to experts who say the Bank of England monetary policy committee report signals unlikely change due to Brexit negotiations. The committee’s report says that is expects the economy to slow down during the difficult Brexit […] The post Home buyers in UK set to benefit from continued low mortgage rates during Brexit negotiations appeared first on PropertyWire . Continue reading

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Research reveals extent of gazumping in UK property market

Buyers in London are the most ruthless in the UK with new research showing they are three time more likely to indulge in gazumping than the national average. Gazumping, where a buyers puts in a last minute bid for a property once the seller has already accepted another one, is often a feature of a […] The post Research reveals extent of gazumping in UK property market appeared first on PropertyWire . Continue reading

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