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.
Following the political change and taxation differences, the Scottish property market is seen by many as a recovering market, or one that is a potential risk. However, according to a new analysis report, the Scottish property market remains a solid opportunity for investment.
According to the Registers of Scotland, property prices across the country rose sharply between January and March in 2014.
According to property experts rural homeowners are attempting to reclassify their homes in order to make their properties more appealing to could-be-buyers.
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.
The value of Scottish properties rose by over 3% in the first period of 2015, continuing on the growth seen in the previous year. The growth was similar to that seen at the end of 2014 according to official statistics.
The Land and Buildings Transaction Tax proposed by the Scottish Government is to be reviewed following an amendment to the UK stamp duty.
Scotland’s prime property market is experiencing a boom before the alternative to Stamp Duty comes into effect in April.
