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Raeside Chisholm Solicitors Blog

Blog and latest news from our solicitors based in Glasgow, Scotland. Call us to find out how we can help you.

House hunters looking to escape to the country

As we had indicated we believed was likely to be the case in a blog last month, we can confirm that Estate agents are reporting an increase in numbers of house hunters looking to escape the city to a rural area, as people have reached the conclusion that working from home is likely to become the new norm.  Many major firms have said that during the last few weeks, they have seen a big increase in enquiries about well connected countryside and “out of city” locations – ranging from countryside market towns to coastal villages.  It seems to be the case that people are very happy to split their working week between home and office, once life starts to return to normal.  Data obtained from the property website Right Move has shown a dramatic leap in interest in property around the central belt and outside of Edinburgh and Glasgow when compared with April last year. 

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Premium paid for property in top school areas

It is always interesting to see how different factors can affect property prices. Some data has now produced which shows that parents hoping to send their children to Scotland’s best state secondary schools face paying two thirds more for a house in the catchment area than in the neighbouring streets.  Overall, property prices in the neighbourhoods of the top ten best performing secondary schools average at 14% higher than the price of a house elsewhere in the local area.

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MSP raises concerns over COVID-19 impact on home movers

Aberdeenshire West MSP Alexander Burnett warns some movers may have bought new homes but been unable to sell their old ones before lockdown measures were introduced, and has called on the Scottish Government to introduce a grace period after lockdown is lifted, so they aren’t penalised for owning second homes.

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Potential boom in rural conveyancing

The Corona Virus pandemic is likely to spark a boom in rural living, with working from home and multi-generational families becoming more common.

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Impact of Covid19 on Scotland’s property department

The ESPC have analysed the impact that Covid19 has had on the Scottish market.  Whilst there has been a marked decrease in both the volume of sales and the number of houses coming to the market since March, the analysis has found that this is because of the impact of social distancing measures and Scottish Government guidance, rather than lack of demand. 

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Latest News

22 July 2021
Estate Agency
Recent research has revealed that house prices in the Scottish countryside have risen at the fastest rate since before the 2008 banking crisis. This analysis has found that there was a 5.5% increase in the three months to June, which the largest quar...
15 July 2021
Estate Agency
Average house prices in Scotland increased by 5.4% between April and May 2021, reversing a 4.1% fall in the previous month, according to provisional statistics from the UK house price index released by Registers of Scotland. The overall average figur...
24 May 2021
Estate Agency
The news from the Registers and all property professionals is that house prices in Scotland are rising at the fastest pace for 14 years! Although Spring is usually a busy period in the housing market, the number of transactions in Scotland is sharply...
16 April 2021
Estate Agency
Recent research has shown that economic uncertainty caused by the Corona Virus has led to more people investing in property. Data shows that property investors bought twice as many homes in the first quarter of 2021 as they did during the same stage ...
23 March 2021
Estate Agency
Previously many Estate Agents had indicated that in their view house price growth would remain flat this year, as the economy floundered after the successive Covid lockdowns and the end of furlough. With great news for house sellers, they are now rec...
18 March 2021
Estate Agency
After closing to new applications in October 2020, the First Home Fund is reopening and will be available for purchases from 1 April 2021 and completed before 31 March 2022. This article will look closely at how the scheme works, the eligibility requ...

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