One of the first acts of the new coalition government in the UK was to scrap HIPs (Home Information Packs) in England and Wales. This had been a pre-election pledge and therefore came as no huge surprise. This has led to a lot of clients and prospective property sellers in Scotland either (a) telling me they’re delighted that HIPs have been scrapped (when they actually mean ‘Home Reports’ and think that they are one and the same thing) or (b) asking me whether this means that Home Reports in Scotland will be scrapped too.Your Read More Link Text
As people continue to tighten their belts due to the credit crunch, the housing market in Edinburgh continues to struggle.
Estate agents are reporting that increasing numbers of people are putting their properties on the market. In addition, recent reports show that more mortgage products are becoming available to first time buyers with smaller deposits. However, a healthy property market needs a good supply of new properties coming to the market and the number of properties on the market for these new buyers remains low compared to just a couple of years ago.Your Read More Link Text
I’ve previously asked this question on my blog: is the way that estate agents bill for their services unfair? I got a variety of responses: those at the more affordable end of the market thought things were fine as they were whilst those at the upper end of the market resented having to pay a solicitor/estate agent thousands of pounds for what they perceived as being little more than putting their property in the ESPC. I personally believe that the traditional way that people pay for estate agency services is old-fashioned and that people are ready for change.Your Read More Link Text