Tag: bank of England
-
MOV8 Property Market Update October 2014
There are some months where I stare at a blank page and wonder what on earth to write about the past month in the Scottish property market. And then there are months like this where I don’t know how to filter it down! This month has seen the announcement of a monumental change in the…
-
Property Market Update September 2014 – Scottish Independence Referendum Special
For anyone who doesn’t have Facebook, Twitter, friends, a local newsagent, a town crier or the Internet, there is an outside chance that you will be unaware of the historic vote that took place in Scotland on 18 September. For anyone who has access to just one of the above sources of news, you will…
-
Property Market Update August 2014
With parents across Scotland and shedding a tear after sending their kids off to school for the first time or breathing a quiet sigh of relief that they have some peace a quiet now that the schools are back, property news has continued unabated. Here are the top stories from the past month as well…
-
Property Market Update July 2014 – Press, Prices and Comment by MOV8 Real Estate
The World Cup behind us, the Commonwealth Games are now well under way, the culmination of a year-long countdown and many more years of work behind the scenes. So has this excitement filtered down to the property market? For your monthly round-up of what has been happening in the property market in the past few…
-
The Mortgage Market Review and Help to Buy Restrictions Hitting Property Buyers in Scotland
Significant changes are afoot in the mortgage market, particularly for high value mortgages and for people looking to move from their existing home using the Help to Buy shared equity scheme. Then, this month the Bank of England’s Financial Policy Committee (FPC) announced new restrictions on bank lending, aimed at slowing run-away house prices in…
-
Property Market Update June 2014 – Press, Prices and Comment by MOV8 Real Estate
It’s been a busy old month in Scottish property news, with lots of seemingly contradictory stories coming out. So what is the real picture? Is an interest rate rise imminent? What effect has the Mortgage Market Review had so far? We are now almost halfway through the year and about as far into the World…
-
Property Market Update May 2014
After the Easter holiday, May has been a month punctuated by various bank holidays, local holidays and public sector holidays, seriously affecting the ability to settle house sales or arrange mortgage finance or find property buyers who weren’t away to the coast for the weekend. In spite of this, the property market continues to build…
-
Property Market Update February 2014 – Press, Prices and Comment by MOV8 Real Estate
February has been a good month for significant news about the property market, with important figures and predictions emerging. For our summary of the month’s important property news, read on!
-
Bank Chief Warns of Repossession Tsunami and Recommends ‘Tough Love’ Approach – Who’s Getting the Tough and Who’s Getting The Love?
The Chief Executive of one of the UK’s largest lenders has warned that, when interest rates go up, the number of repossessions could become a ‘tsunami’. All this just a day after the Bank of International Settlements (which I’ve seen described as ‘the Central Bank for Central Banks’) said that the policy of the Bank…
-
Property Market Update September 2013 – Press, Prices and Comment by MOV8 Real Estate
For just a brief week or so there it looked like our ‘Top Ten Tips for Selling in Autumn’ might have been redundant as soon as they were published, with ‘Selling in Winter’ being a more appropriate title for the article. Thankfully, order seems to have been restored and the trees are turning a lovely…