Tag: Nationwide

  • Monthly Property Market Update July 2015

    There’s been no shortage of economic news this July both at home and abroad. The headlines in the early part of the month were dominated by events in Greece where, after prolonged and often fraught discussions, a Greek exit from the Euro was narrowly avoided. Hot on the heels of that we had the chancellor’s…

  • MOV8 Property Market Update June 2015

    It’s hard to believe that summer is here already and as we near the midway point of 2015 the housing market in Edinburgh and the Lothians has shown no signs of slowing down. At MOV8 we enjoyed another record-breaking month for sales, with the number of sales agreed in May up by 71% annually. A…

  • 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 Prices Static According to Nationwide Survey

    The Nationwide bank’s monthly property prices survey suggests that property prices across the UK are remaining very static, having fallen 0.2% in the past month. http://uk.reuters.com/article/2011/05/04/uk-house-prices-fell-02-pct-in-april-nat-idUKLNE74301I20110504 Whilst this might look like bad news, after a few years of uncertainty in the property market, I’d suggest that many property owners will take stability over runaway inflation…

  • Are Property Prices in Scotland Going Up or Down?

    There’s been a lot written in the Press in the past few days about property prices. There’s been the usual house price reports from lenders, the RICS (Royal Institute of Chartered Surveyors) property market report, our own ESPC (Edinburgh Solicitors Property Centre) report too. The ESPC report is probably most applicable to ourselves as we…

  • Will property and house prices fall in Scotland? Will property and house prices fall in Edinburgh, Lothians, the Borders and Glasgow?

    Lots of surveys and statistics around, but which of them are true? And are property prices falling in Scotland? Recently released statistics from the Department for Communities and Local Government show an annual fall in property prices in Scotland in the past year of 2.3%. Meantime, Rightmove’s latest House Price Index showed the average asking…

  • Monthly Scottish Property Market Update – January 2011

    Property market outlook 2011 – are you going to lose money or make money? Welcome to the first monthly property market update for 2011.  Now that the world appears to have returned to some semblance of normality after the temporary paralysis induced by the white-out of December and early January, we’re going to have a…

  • What’s Happening in the Scottish Property Market and Property Prices – MOV8 Real Estate June 2013 Update

    This month is usually the month of the year when estate agents around the country breathe a huge sigh of relief after the usual Spring rush of property sellers looking to get their properties onto the market. They will usually put their feet up, look out the window and wonder why it’s still 12 degrees…

  • April 2010 – Property Market Update – General Election Special

    Property Market Update – April 2010 – General Election Special! It’s been understated, dignified throughout and in no way resembled children chucking mud at each other in a playground: yes, I’m talking about the General Election.  Mercifully we are almost at the end of the campaign and in less than a week it will be…