Monthly Scottish Property Market Update – August 2010

What’s Happening in the Property Market in August aka Did Anyone Actually Go on Holiday This Year?

I’m not going to write a huge amount this month as, property-wise, it’s been a bit of a slow news month.  Nothing particularly shocking has been published or indeed happened, I could have my regular rant about inconsistent property-related reporting in the Press but that’s going to be becoming pretty old hat pretty quickly, so there’s not really a huge amount to report.

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Monthly Scottish Property Market Update – May 2010

My last monthly property market update went out just before the General Election.  The big question for this monthly market update is: what is happening in the property market today and how will the result of the General Election affect the property market in Scotland?  I’ve also put some tips in here about how to help your property stand out and sell in what continues to be a very challenging market in most areas.Your Read More Link Text

Property Market Update – April 2010 – 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 all over.  At that point we can finally resume focus on some of the things that have been getting less column inches than they deserve in the past few weeks, most notably Inter Milan reaching the Champions League final, my band’s gig at the Bongo Club last Friday and, of course, property market news.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

What Does ‘Offers Around’ or ‘Offers in the Region of’ Actually Mean?

I have had a lot of people asking this question recently, so here is a bit of an email that I just sent to a property buyer to try and explain what it means.

‘Offers in the Region of’ and ‘Offers Around’ is a bit of a moveable feast depending on the prevailing property market conditions. The last 12 months saw relentless downward pressure on property prices. ‘Offers Around’ therefore usually translated as ‘Offers Slight Below’ the asking price.Your Read More Link Text

How Do You Decide What to Bid at a Closing Date?

The last couple of months have seen a bit of a spike in buying activity and, sadly for buyers, a return to the days of Closing Dates and blind bidding.  Closing Dates and blind bidding have been confusing buyers since I started working in this field so hopefully this will be useful to any of you thinking of buying a home at the moment.

So the question is: how do you, as a buyer, decide what your bid should be at a Closing Date?Your Read More Link Text