New Build Property Hotspots
New analysis has revealed which areas of Britain outside of London are home to the highest concentration of new build properties as a share of all property sales. According to the analysis, by Zoopla, Milton Keynes tops the list, with new homes accounting for over a third (33.2%) of property sales. Crewe is in second […]
House Price Expectations Rise
New research has revealed that consumer expectations about house prices have bounced back to pre-EU Referendum levels. According to data from the Building Societies Association Property Tracker survey, almost half of consumers (49%) expect house prices to rise over the next 12 months, compared to just 10% who expect them to fall. However, as a […]
House Price Index Reveals Annual Price Rise
The average price of a property in Scotland in November 2016 was £143,033, according to the latest UK House Price Index. This is an increase of 3.3% on the previous year and an increase of 1.5% when compared to the previous month. Across the whole of the UK, the average house price was £217,928 in […]
Parents Pay Premium to Live in Best Catchment Areas
New research from Bank of Scotland has revealed that Scottish parents are prepared to pay a premium of as much as £80,000 on average to live in the catchment area of a top performing state school. According to the research, the average cost of a house near one of Scotland’s Top 20 performing state schools […]
Confidence Grows Among UK’s Second Steppers
A new survey by Clydesdale and Yorkshire Banks has found confidence is on an upward trend among the UK’s ‘second steppers’. The survey revealed that almost 40% of the country’s first-time homeowners are planning to take their second step on the property ladder, which is an increase of 14% compared to the same period last […]
End to Automatic Council Tax Discount for Second Homes
The Scottish Government has laid legislation in Parliament that will remove the automatic council tax discount for second homes. The change, which is due to take effect from April next year, will give councils the option of offering no discount for second homes, arming them with another lever to encourage better use of housing stock […]
