Home Reports One Year On – A Success?

The New Home Report Regime – Introduction

Home Reports, required for all properties marketed for sale after 1 December 2008, were probably the largest innovation in the last few decades in the way that residential properties are marketed and sold in Scotland.

If you put your property ‘on the market’ after 1 December 2008 then either you or your agent has had to be able to produce a Home Report for the property.  There are a couple of fairly minor exceptions of course but the vast majority of properties sold in Scotland fall into this category.Your Read More Link Text

Notice to Residential Property Buyers – Stamp Duty Change 1 January 2010!!

What is Stamp Duty Land Tax?

Stamp Duty Land Tax (SDLT) is a tax paid to the government by property buyers.  My personal opinion is that it is hugely unfair and antiquated being as it is based on a percentage of property prices and the thresholds haven’t been significantly changed in several years to reflect rising house prices.  Sadly, however, the UK government don’t pay much notice to me when it comes to fiscal policy.  So we have to live with it in the meantime.Your Read More Link Text

Property Market Update – November 2009

It feels like the world is gearing up for Christmas.  Well, certainly Edinburgh, I can’t comment on the rest of the world.  So there’s not really a lot happening in the property market.  So, as we draw towards the end of 2009, what conclusions can I draw about the market in the past month?

I’ll start with my own experience and that of my colleagues at MOV8 Real Estate.  I’ll then cover the rather conflicting messages that recently have been appearing in the Press regarding the property market.  Finally, I’ll sum up exactly what the position is, at least in Edinburgh and the Lothians, based on the facts I have available and on my own experience of the market in this time.Your Read More Link Text