The Scottish Government have announced further funding for the Open Market Equity Scheme in the hope that it will provide first-time buyers with more support when getting on the property market.
Figures based on September’s property markets showed a minor increase in the number of properties sold with an increase in the number of properties on the market cited as the main reason.
Property in Scotland have increased at a significantly slower rate than the rest of the UK in the last four years according to a survey from Your Move.
A quarter of all home buyers are willing to pay extra to have a faster conveyancing experience, with figures from a national survey suggesting that conveyancing is considered one of the most stressful experience about buying a property.
In recent months, some prospective property buyers have been making their purchases subject to the outcome of the referendum- these provisons are becoming more common as September 18th draws closer, and with the narrowing outcome margins.
According to the latest RICS UK Residential Market Survey, house price gains in June remained positive across Scotland, and demand for property continued to grow across the country.
This week saw The Housing (Scotland) Bill being passed by the Scottish Parliament, marking the end of the right to buy social housing in Scotland. It is estimated that this will prevent the sale of 15,000 social houses across the next 10 years.
