Polski Dzial The Introduction of the “Private Residential Tenancy”
In just a few short weeks, the Private Housing (Tenancies) (Scotland) Act 2016 is set to come into force across Scotland, bringing with it the new “Private Residential Tenancy”. From the 1st of December, the new Private Residential Tenancy will be the only tenancy open for private landlords and tenants in Scotland. Following enforcement of the new Act, the […]
Scotland is More Affordable for First Time Buyers
East Dunbartonshire is the UK’s most affordable area for first-time buyers (FTBs), according to the latest First-Time Buyer Review from Bank of Scotland. The average property price here sits at £97,089, which is only 2.6 times local annual average gross earnings. Most Affordable LADs for FTB As many as five out of the UK’s ten […]
Research Reveals Mortgage Lending Trends
The Council of Mortgage Lenders recently published a breakdown of house purchase lending in Scotland during the first quarter of 2015. The figures show that, on an unadjusted basis: “Seasonal factors often affect lending levels in the first quarter of the year, but there are encouraging indicators in Scotland, as all lending types showed growth […]
Halifax Predicts Slowdown in House Price Growth
The latest House Price Index from Halifax has revealed that house prices in the three months to May were 1.4% higher than in the preceding three months. This was slightly below April’s 1.5% and was the lowest since November 2015 (1.4%). The figures also show that house prices in the three months to May 2016 […]