Tag: Scotland
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House Prices Plummet in Merthyr Tydfil as Welsh Property Market Shows Mixed Picture
The average price of a house in Merthyr Tydfil has plummeted by 14.5% in the last year, the biggest drop in Wales. The average house price in the area is now just £129,121, making it the cheapest place to buy a property in Wales. But it’s not all bad news for Welsh homeowners – 13…
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Mansfield Building Society Offers Scottish Landlords New Buy-to-Let Mortgages
Scottish landlords looking for a buy-to-let mortgage have a new option as Mansfield Building Society launches into the Scottish market. What mortgages are on offer? The building society offers a range of buy-to-let mortgages, including: What are the key features? What is not included? There are some exceptions to what Mansfield will lend on. Postcode…
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Waterfront Homes Still Holding Strong With 48% Price Premium
Fancy living by the water? You’ll need deep pockets! Brits pay almost 50% more for a waterfront view It’s no secret that we love to be beside the seaside, but new research reveals just how much we’re willing to pay for the privilege of a waterfront view. According to estate agent Knight Frank, homes by…
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ONS House Prices – May 2024
Good news for sellers as house prices continue to rise across the UK, but are things looking brighter for first-time buyers too? The average price of a house in the UK reached £285,000 in May 2024, a jump of £6,000 compared to the same time last year. This represents a 2.2% increase annually, showing a…
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ONS Price Index of Private Rents (PIPR) – June 2024
The latest figures from the ONS’ Price Index of Private Rents (PIPR) are in, and while they show a slight slowdown in rent growth, it’s not exactly cause for panic just yet. Rent Increases Still a Reality The average private rent in the UK jumped by a hefty 8.6% in the year leading up to…
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Buy-to-Let Market “In Good Health”
The buy-to-let market is looking healthy, with more properties being let than ever before! Despite some worries about future government regulations, the latest figures show strong growth in the rental sector. More Landlords Jumping Onboard Lettings agency giant Connells, one of the biggest names in the game, says the number of landlords listing their properties…
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Scottish House Prices Keep Climbing Despite Rent Worries
Good news for Scottish homeowners – house prices have hit record highs for the third month in a row, despite recent worries about rent caps hitting investment. The average price for a property in Scotland is now £225,636, according to the latest figures from property experts Walker Fraser Steele. That’s a jump of 2.5% compared…
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Property Auction Boom as Buyers Bag Bargains!
The property auction market is booming with sales and profits soaring in the last month, according to the latest figures. This rise is great news for anyone looking to buy or sell property quickly, with residential and commercial properties seeing a big jump in interest. Residential properties are proving particularly popular, with 11.2% more homes…
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Renters Paying More – Is This The New Normal?
With those pesky interest rates playing havoc with mortgages, rents are still climbing in most parts of the UK. The property website Home says that while London and the Midlands have seen slight dips, rents are still soaring in Scotland, Wales, Yorkshire, and the South West. Average UK rents are now 2.5% higher than they…
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Scotland has Britain’s Most Affordable House Prices
Looking for a home that doesn’t cost a king’s ransom? Pack your bags and head north! Scotland dominates the list of the UK’s most affordable property hotspots, claiming 16 out of the top 20 spots. This is fantastic news for first-time buyers and families feeling the pinch, as average house prices in these Scottish locations…