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Property Investment – The Way Forward
12th May 2011As readers of previous blogs will know, I am a great advocate of property investment. Results of a recent National Association of Estate Agents survey has shown that property ownership in the UK has dropped to 58% with the remaining 42% made up of rental properties. The 42% is divided between social housing and private … Continue reading "Property Investment – The Way Forward" -
Property Market Showing Signs of Recovery
4th May 2011I was interested to see a survey from findaproperty.com which is based on data from over 400,000 homes across the country. This showed that the average asking price for a property in March was up over £1,500 on the previous month. The survey showed that prices rose 0.3% in January and 0.5% in February. This … Continue reading "Property Market Showing Signs of Recovery" -
Mortgage Applications Up – but will they translate into approvals?
27th April 2011According to an index compiled by the Mortgage Advice Bureau and Coreco Group, mortgage applications were up 11.6% in March compared with February and were up over 20% on March last year. This is further evidence of an increase in activity in the property market. The big question is how many of these applicants will … Continue reading "Mortgage Applications Up – but will they translate into approvals?" -
Property and the Scottish Government Elections
25th April 2011After the budget the next highlight on the political map which may have some impact on the property market is the Scottish Government Elections at the start of May. I have been reading the manifestos of the four major parties and although I am glad to see some mention of the property market in all of … Continue reading "Property and the Scottish Government Elections" -
March/April Update
15th April 2011Dear Readers Welcome back to the property blog. I apologise for the delay since the last post. This has been brought about by a sharp increase in the volume of business. More about that later! This blog will cover some of the property related highlights of the last 4 weeks and their impact on the … Continue reading "March/April Update" -
Ray of light for property market
17th March 2011As readers of previous blogs will know, one of my main concerns is the lack of support for first time buyers in the property market. This is primarily due to lenders tightening up their lending criteria and refusing to break the 90% loan to value rule. I was pleased to hear from contacts in the … Continue reading "Ray of light for property market" -
Blackadders – first solicitor/estate agent firm to launch iPhone Property App in Scotland
10th March 2011In the last few years estate agents and conveyancers have been challenged to provide the best possible service at the best possible price. To step up to this challenge we have embraced the use of the latest technologies and techniques available. In 2009 we launched our new website and property system, complete with a client … Continue reading "Blackadders – first solicitor/estate agent firm to launch iPhone Property App in Scotland" -
Multi speed property market recovery
9th March 2011I was very interested to read a report carried out by Savills which provided analysis of the last 15 years of land registry data. The conclusion of this report is that the UK property market is very much following previous trends in that the property market recovery is being led by the top end properties … Continue reading "Multi speed property market recovery" -
Lenders still cautious about UK real estate
4th March 2011More than 1,000 senior lenders with a real estate loan book have been surveyed to establish liquidity and lender attitudes in the UK. The results provided significant insight into the depth and composition of the market. A Report commissioned by CBR Ellis undertaken by their Debt Advisory Team has found that there are 69 lenders … Continue reading "Lenders still cautious about UK real estate" -
RICS calls for Government to do more for housing market
22nd February 2011I welcome the recent report from RICS calling on the Government to introduce measures to encourage the housing market. The report advises that for every £1 spent on construction there is a contribution of £2.84 towards economic activity. It also advised that the construction industry employs around 900,000 people. RICS has laid out plans very … Continue reading "RICS calls for Government to do more for housing market"
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