News & Legal Updates

Following on from my recent blog regarding the rush of buy to let investors to purchase, I thought it would be interesting to have a look at my sense of where the housing market is going after the first two months of 2016.  Although official figures have not been released, my feeling is that new … Continue reading "MIXED MESSAGES FROM HOUSING MARKET"

It is very clear that government changes including the property surcharge have caused a rush of buy to let investors trying to complete deals before the end of March.  This is reinforced by a report from the Bank of England confirming that there has been an increase in the number of buy to let mortgage … Continue reading "THE STORM BEFORE THE CALM?"

As readers of previous blogs know one of the stats that I am always keen to look at is the number of first time buyers in the market.  I was very interested to hear a report from the CML advising that the number of first time buyers in December increased by 18% compared to the … Continue reading "FIRST TIME BUYER HITS HIGH"

I am delighted with last night’s announcement that Blackadders were the winners of the Scottish Business Insider Award for the “Best Newcomer” in the SME 300. The award marks what has been a very exciting time for the firm and follows on quickly from the announcement that we are to further expand in Glasgow, following … Continue reading "BLACKADDERS WINS NATIONAL BUSINESS INSIDER AWARD"

Leading law firm, Blackadders LLP and Glasgow-based Boyle Shaughnessy Solicitors are to merge on 1 April 2016.  The merged practice will have 25 partners and over 250 staff and will trade under the Blackadders banner.  Boyle Shaughnessy has particular expertise in the fields of private client, commercial and residential property. The firm will offer a … Continue reading "Announcement: Blackadders and Boyle Shaughnessy to Merge"

As readers of previous blogs will know, I have advocated the Capital Gains Tax on sales for some considerable time as I feel that this is the best means of controlling the housing market and building up a property fund to assist during turbulent economic times.  I was very pleased to see that the National … Continue reading "CAPITAL GAINS TAX ON SALES"

I was interested and somewhat surprised to read a report from academics at Lancaster University advising that London is heading for a house price bubble by the end of 2016.  The academics used a phrase that I have not heard before describing the London market as “exuberant” and advising that the last time that the … Continue reading "LONDON HOUSE PRICE BUBBLE"

Recent figures released from Mortgages for Business show that applications made by limited companies for buy to let mortgages account for 43% of all new buy to let cases in January.  This is an increase on 38% in December.  This is a consequence of the changes proposed by the Chancellor both in relation to income … Continue reading "SURGE IN BUY TO LET PURCHASES"

Blackadders will list your property for sale with no upfront costs. If you are considering selling your property and would like to take advantage of this offer, please contact a member of our estate agency team who will be delighted to help you. Aberdeen:     01224 452750 Dundee:         01382 342222 Edinburgh:    0131 202 1868 Perth:             01738 … Continue reading "List Now, Pay Later: Blackadders Will List Your Property Without Any Upfront Costs"

New figures from the British Bankers Association advise that mortgage lending in 2015 rose by 6%.  They also advised that monthly mortgage approvals soared 24% year on year in December 2015.  This is very positive and shows a slight conflict in relation to the property market figures.  My feeling is that there was a slowdown … Continue reading "PROPERTY MARKET UPDATE"