First-time buyers looking to get on the Scottish property ladder could be facing an uphill struggle this year as average property prices reach new record highs. For the seventh time within the past 12 months, the average market value of a home in Scotland has broken...
Following the Spring Statement this month by the Chancellor of the Exchequer, Rishi Sunak, landlords and homeowners were given the good news that all materials used for improving energy efficiency in their properties would now be VAT-free for the next 5 years, down...
The Bank of England is under increasing pressure to raise interest rates as the Russian attack on Ukraine escalates. Despite the conflict bringing a high level of economic uncertainty to the UK and warnings from the Chancellor of a turbulent future, base rates are...
The past 12 months have brought the kind of property market activity that has not been seen for some time in the UK. House prices have hovered at all-time highs, demand has outstripped supply by a clear mile, and the return of the 95% LTV mortgage was welcomed by many...
According to Rightmove, February has seen property prices increase by a whopping 2.3%, which is the highest rise in a month for 20 years. This brings the average house price to a record-breaking £348,804, an increase of £7,785. Home prices are an incredible 9.5%...
Over the next few months, buy-to-let landlords are to be hit by a raft of tax changes. From stamp duty rates to capital gains tax to buy-to-let tax relief alterations, things look set to become even more difficult for BTL landlords running businesses in the UK. Income...
Monthly rent prices are increasing faster than at any time recorded since February 2017, new figures from the Office for National Statistics suggest. A further 2% increase in England was noted in the year leading up to January, while rents in Scotland were up 2.6%...
According to the PMI (HIS Market/CIPS UK Construction Purchasing Managers’ Index), the construction industry across the UK has grown at its quickest pace over the last six months, with the demand for more developments going through the roof. Data showed an increased...
