Blog

  • Scottish Budget December 2017 Brings LBTT Changes for First Time Buyers

    By on December 15, 2017

    The Scottish Government laid-out its Budget on Thursday, 14 December 2017. The Finance Secretary, Derek Mackay, still requires Parliament to pass the Budget so it is possible that there will be further changes made before it is fully implemented. The most notable change that might affect the property market in Scotland was the introduction of relief on Land and Buildings

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  • Property Market Update November 2017

    By on December 1, 2017

    November 2017 has been a busy month for property news, with an interest rate rise, details of a cut to Stamp Duty announced in the Chancellor’s Budget and a continued trend of demand outstripping supply. For full details, read on! Stamp Duty Exemption Announced, But Scottish Buyers Shouldn’t Get too Excited The Chancellor of the Exchequer announced his annual Budget

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  • How Will the Interest Rate Rise Affect Property Market in Scotland

    By on November 30, 2017

    In early November 2017, the Bank of England announced that it was raising interest rates for the first time in 10 years. Interest rates have increased from 0.25% to 0.5%, the first rise we’ve seen since July 2007. But what does this mean for you? Variable or Tracker Rate Mortgages Across Britain, 9.2 million households have a mortgage. These are made

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  • The Importance of Concluded Missives for Property Seller and Buyers in Scotland

    By on November 30, 2017

    To any buyers or sellers who are new to the Scottish property market, they will quickly be introduced to the concept of ‘concluded Missives’ or ‘conclusion of Missives’. The importance of conclusion of Missives cannot be underestimated as it has serious legal, and practical, implications for property buyers and sellers. Although it can be a bit confusing at first, we’ll

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  • Why Winter is a Great Time to Get the Best Price Selling a Property

    By on October 30, 2017

    The days are getting colder and the nights longer and there’s no denying that Winter is well and truly here. But why does that mean that it’s a great time to sell a property and to get the best price in Scotland? Why is Winter a Great Time to Sell? Spring has traditionally been regarded as the best time to

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  • Property Market Update October 2017

    By on October 30, 2017

    Property Prices Continue to Climb Across Scotland The latest figures released in October 2017 by Registers by Scotland indicate that the average price of a property in Scotland for the month of August 2017 was £146,354, representing an increase of 3.9% on August of the previous year. This represents a decrease of 0.5%, however, when compared with July 2017. Commenting

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  • Our Best Ever Winter Promo!

    By on October 30, 2017

    We know that everyone loves an early Christmas present, so this year we’re offering our best ever Winter Promotion for property sellers! Anyone who signs-up to sell with MOV8 before 31 December 2017 will benefit Estate Agency fees starting at just £995 inc VAT plus, for a limited time only, absolutely no upfront costs! Yes, you read that right –

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  • Goodbye Corstorphine, Hello Gyle!

    By on October 30, 2017

    Due to the expansion of our Conveyancing Department, and in order to provide the best working environment for our legal and Head Office teams, MOV8 Real Estate is delighted to announce the opening of our new Head Office at the Gyle. Hello, South Gyle! Our new Head Office is located at 6 Redheughs Rigg, South Gyle in a purpose built

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  • What is a Closing Date in Scotland and What Does it Mean for Buyers and Sellers?

    By on September 29, 2017

    Closing Dates are a peculiarity of the Scottish property market. They work hand in hand with the concept of Notes of Interest. Having recently spent several hours trying to explain to a group of estate agents in England and Wales what both of these things mean, with mixed results, it highlighted how confusing the topic can be for people who

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  • Property Market Update September 2017

    By on September 29, 2017

    Property Prices Continue to Climb Across Scotland Figures released in September 2017 by Registers by Scotland indicate that the average price of a property in Scotland for the month of July 2017 was £149,185, representing an increase of 4.8% on July of the previous year. The increase from June 2017 was reported as being 2.8%. Commenting on the annual increase,

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