Tag: First Time Buyers

  • First Time Buyer Numbers Increasing Despite House Price Rises

    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…

  • Mortgage Costs at Historic Low Following Interest Rate Cut

    An announcement on 15 November 2016 by the Council of Mortgage Lenders indicated that mortgage costs had reached a historic low in September 2016, representing good news for property buyers and sellers across East Central Scotland according to local solicitor estate agents. The Council of Mortgage Lenders (CML), the main trade body representing UK mortgage…

  • Halifax Reports First Time Buyer Numbers on the Rise

    In July 2016, the UK’s largest mortgage lender, Halifax, revealed that the number of people buying properties for the first time is on the increase. So how will this affect the property market in Edinburgh and the Lothians? Halifax’s figures show that 154,200 first time buyers were successful in the first half of 2016, compared…

  • Seven Top Tips on Saving for Your First Property Deposit

    As a report from the Halifax, the UK’s largest mortgage lender, this month showed, First Time Buyer activity is on the rise with 10% more property sales taking place in the first half of 2016, compared to the same period last year. Of course, saving for your first home can be a stressful and daunting…

  • Monthly Property Market News Round-Up January 2016

    In this month’s bumper Property Market News Round-Up, we take a look at property sales and price trends, the extension of the Help to Buy Scheme in 2016, the planned supplement on Land and Buildings Transaction Tax for buy-to-let investors and second-home buyers as well as the prospects of interest rate rises in 2016. Property…

  • Ideal First Time Buyer Properties Edinburgh

    This year we have helped lots of first time buyers to take that first step on the property ladder and find their ideal home. We know purchasing a property for the first time can be a really exciting time, though also a bit daunting if you don’t know where to start! To help give you…

  • 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…

  • Monthly Scottish Property Market Update – March 2011

    Budget 2011 Special!  What Have I Written About Below and Why Should You Carry On Reading? George Osborne had his 15 Minutes of fame last week, announcing the Budget for 2011-12.  There was not a huge amount in there for those looking at purchasing or selling a property in Scotland.  In other news, initiatives were…

  • 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!

  • Monthly Scottish Property Market Update – March 2011

    Budget 2011 Special!  What Have I Written About Below and Why Should You Carry On Reading? George Osborne had his 15 Minutes of fame last week, announcing the Budget for 2011-12.  There was not a huge amount in there for those looking at purchasing or selling a property in Scotland.  In other news, initiatives were…