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New research from Halifax has revealed that confidence in the UK housing market has stabilised following a record decline.
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Anderson Bain - andersonbain LLP News & Updates
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In a move that aims to help more families onto the housing ladder, the Scottish Government has announced that the price cap on properties eligible for the Help to Buy (Scotland) scheme will remain at £200,000 in 2018/19.
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The average price of a property in Scotland in February 2017 was £138,821, according to the latest UK House Price Index (UK HPI). This is an increase of 3.1% compared to February last year but a decrease of 0.6% compared to January 2017.
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One possible area of concern for people buying a new house is whether they will get on with their new neighbours.
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A record number of first-time buyers are now relying on financial help from family members in order to get a foot on the property ladder, according to new research from the Social Mobility Commission. The ‘bank of mum and dad’ is often the lender of choice for many would-be home owners.
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