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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.

Record High UK House Prices in September

The figures provided by the Office for National Statistics show that the average UK house price climbed by 4.7% in the year to the end of September, hitting a record high.  It is believed that pent up demand and the LBTT relief (Stamp Duty in England) are likely to be among factors that have driven up the increase in typical values.

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Home buyers looking to country and coast to escape cities

According to property website Rightmove, home buyers are looking to escape crowded cities and big towns by moving to the country or the coast.  They have said that searches have doubled for homes in small towns and villages with populations less than 11,000 people and went on to say that seaside resorts have seen the biggest rise in sales. 

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869 Hits

Government advice in connection with moving home

Notwithstanding the further restrictions imposed earlier this week, you are still allowed to move home.  However, the process of finding and moving into a new home is likely to be different, as all of those involved in the process will need to adapt practices and procedures.

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813 Hits

The Impact of the Coronavirus Pandemic for First-time Buyers

If you were considering buying your first home before the coronavirus pandemic, we understand you may feel confused and unnerved at the prospect of starting your search again. With cautious lenders and many buyers and sellers dealing with a change of circumstance, buying conditions will likely be more difficult as we move out of lockdown.

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1100 Hits

Number of prospective buyers surges

The number of house hunters as soared since the lockdown restrictions have been lifted and since the announcement with regard to Land & Building Transaction Tax relief. Whilst this applies throughout the UK a recent analysis of data provided by Countrywide shows that the increase in buyer interest has been greatest in Scotland, and across all prices, the number of buyers registering interest in properties has increased by 77%. The data also shows that throughout the UK about 30% of all sales are ending in competitive bidding with three or more prospective buyers and again, the place with the highest number of bidders is Scotland.

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Latest News

19 October 2021
Commercial
It has been reported that momentum in Glasgow’s office market has “significantly” increased over the past three months, with activity expected to remain healthy across all sectors. Take up in the city centre is up 66% on the ten-year average.  O...
29 September 2021
Estate Agency
The average house price in Scotland reached a new record level this summer. At the end of July, the average price stood at £207,877.00. This was up £5,950.00 or 2.9% on June, which is the largest increase in a month for over 6 years. Figures revealed...
16 September 2021
Estate Agency
According to the latest figures from the UK House Price Index, as reported by the Registers of Scotland, Scottish house price growth has continued in July.  The average price of a property in Scotland in July 2021 was £177,166.00.  Not only...
14 September 2021
Legal Services for the Elderly
We are pleased to advise that we are taking part in the Will Aid Scheme again this November 2021. The Will Aid scheme takes place across the country throughout the month of November and supports ActionAid, Age UK, British Red Cross, Christian Aid, NS...
13 September 2021
Estate Agency
Research from Rightmove has shown that Scotland has now overtaken London as the fasted moving market for homes which cost more than £1,000,000.  Analysis shows that these properties in Scotland typically find a buyer within 61 days which is some...
24 August 2021
Legal Services for the Elderly
Figures recently released have shown that fewer people have been registering a Power of Attorney, amid the pandemic. It appears that lockdown is forcing many people to delay setting up a Power of Attorney and this could certainly cause unnecessary di...

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