Blog

  • The Best Performing Areas in the Edinburgh, Lothians and Fife Property Market

    By on March 31, 2017

    Recently released figures have revealed the top performing areas and property types in East Central Scotland, and they may surprise you. Figures released by ESPC reveal that three bedroom houses in the Blackhall, Davidson Mains and Silverknowes area of Edinburgh increased in price by a staggering 26.7% from £287,054 to £363,743 between December 2016 and February 2017. While the Blackhall,

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  • What is a Note of Interest in Scottish Property Market?

    By on March 31, 2017

    If you’re thinking of buying a property in Scotland, you might be wondering what a Note of Interest is, why you would want to note interest and who can submit a Note of Interest for you. This article will answer your questions. A Note of Interest is a way of trying to ensure that you get a chance to make

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  • Property Market Update March 2017

    By on March 31, 2017

    House Prices Continue to Rise While Selling Times Continue to Fall Continuing the trend that we saw through 2016 and at the start of 2017, the latest house price report from ESPC revealed this month that house prices are continuing to rise whilst selling times are falling. For the period from December 2016 to February 2017, house prices across East

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  • Offers Over blog

    Offers Over, Offers Around and Fixed Price in Scotland

    By on February 28, 2017

    Offers Over’, ‘Offers Around’ and ‘Fixed Price’ are the three main tactics of pricing your home for sale in Scotland. With every property sale being unique, the best pricing tactic for your home will depend on a number of factors. To find out more, read on! Fixed Price Fixed Price is probably the most straightforward pricing tactic to understand as

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  • Property Market Update February 2017

    By on February 28, 2017

    House Prices Continuing to Increase and Selling Times Continue to Fall Continuing the trend that we saw throughout 2016, latest reports from the Edinburgh Solicitors Property Centre (ESPC) show that house prices throughout East Central Scotland increased 3.7% in the period from November 2016 to January 2017 when compared with the previous year. Whilst house prices have increased, selling times

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  • Repossessions At Historic Low but Set to Rise

    By on February 28, 2017

    Fears that repossessions rates are set to rise again Towards the end of 2016, the Council of Mortgage Lenders (CML), which represents banks, building societies and other lenders, released figures showing that the total number of repossessions was at its lowest level for 34 years. The CML’s figures showed that a total of 7,700 homes in the UK were repossessed

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  • First Time Buyer Numbers Increasing Despite House Price Rises

    By on February 28, 2017

    In 2016, first-time buyers borrowed more money than ever before with a record £53.6bn of mortgage loans being granted to new property owners, a rise of 13.5% compared with 2015. In July 2016, the UK’s largest mortgage lender, Halifax, revealed that the number of people buying properties for the first time was increasing, with 154,200 first time buyers being successful

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  • The Best Performing Areas in the Edinburgh Property Market

    By on January 31, 2017

    Recent figures have revealed the top performing areas and property types in Edinburgh and the results may surprise you. Recent ESPC figures have revealed that, between October and December 2016, the best selling type of property was two bedroom flats in the Leith and Corstorphine areas of Edinburgh. So why are these areas and this type of property selling so

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  • Why Sell Your Home with MOV8 in 2017

    By on January 31, 2017

    For the last three years, no solicitor estate agent in ESPC has sold more homes than MOV8 Real Estate, Estate Agents and Solicitors, with 1240 sales in 2016 alone. Since 2015, more people have also trusted MOV8 Real Estate to sell their home than any other ESPC solicitor estate agent. If you’re thinking of selling your home, you may be

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  • Guide to LBTT Additional Dwelling Supplement (ADS)

    By on January 31, 2017

    Stamp Duty on the purchase of residential properties was replaced in Scotland by Land and Buildings Transaction Tax (LBTT) on 1 April 2015. From 1 April 2016, an Additional Dwelling Supplement (ADS) was introduced for people buying an additional residential property, over and above their main home. The purpose of this article is to explain this tax, whether you as

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