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Covid-19 Update

The welfare of our clients and staff is always a key priority for Raeside Chisholm. In light of the current circumstances, we are continuing to offer a full range of services, but we are working remotely. You can contact us on 0141 248 3456 and one our solicitors will call you back if necessary, or you can contact us by email.”

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.

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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Scotland’s property market adapts to social distancing measures

Despite the uncertainty and the new restrictions on daily life imposed by the UK Government, several buyers still want to make property purchases.  We are still finding cases of buyers paying in excess of the Home Report valuation for a house or flat and many properties are still going to closing dates. This shows that buyers are still keen to secure property purchases, despite the Coronavirus pandemic.  If you want to go ahead with either a purchase or sale, our conveyancing team are pleased to be available to assist you and are able to deal with all matters remotely at this time.

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Deal agreed to unblock Scottish house sale transactions

The Law society of Scotland has agreed temporary measures with mortgage lenders that should unbock house sale transactions which are close to completion. Many transactions were put on hold after the Registers of Scotland closed their official register for new documents because of staff health risks due to the Coronavirus. It is great news that a technical legal fix has now been agreed, which means that most major lenders are able to release mortgage funds.

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In Spite of Coronavirus, It may be a Good Time to be Buying and Selling Property in Scotland

In response to the current outbreak of coronavirus (COVID-19), a lot of people are asking whether it is still a good time to be buying and selling or whether they should wait until the coronavirus (COVID-19) outbreak has passed.

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Scottish homes are selling 28% quicker than the rest of the UK

Residential properties in Scotland are taking an average of 12.57 weeks to sell compared to 16.11 weeks in England and Wales – representing a 28.16 per cent difference, recent figures reveal.

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Latest News

08 September 2020
Estate Agency
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...
11 August 2020
Estate Agency
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 C...
29 July 2020
Raeside Chisholm Solicitors News
Family Law
The organisation Shared Parenting Scotland which supports family members who are not resident with a child in maintaining contact, have raised a number of concerns with Lord Carloway, the Lord President of the Court of Session, including concerns ove...
13 July 2020
Estate Agency
We had promised in Friday’s blog to update you as soon as there was further news in connection with the tax for Scottish homebuyers.  It has now been announced that the changes referred to in our previous blog will begin on Wednesday 15th July a...
10 July 2020
Estate Agency
The Scottish Finance Secretary, Kate Forbes, yesterday announced a temporary cut to the Land and Building Transaction Tax charged on house purchases and extra support for first-time buyers. At present, the starting point for Land and Building Transac...
09 July 2020
Estate Agency
A new campaign group has been set up to allow the representation of people in Scotland who have been affected by a combination of UK and Scottish Law, which has left many people across the country unable to sell their properties. Following the Grenfe...

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