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Activity in the Scottish housing market slowed during May, as a decline in new properties coming on to the market was accompanied by a drop in new buyer enquiries.
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Anderson Bain News & Updates
Welcome to the Anderson Bain news section. Here we will post news, updates and commentary on the latest developments in conveyancing & property law.
The latest House Price Index from Halifax has revealed that house prices in the three months to May were 1.4% higher than in the preceding three months. This was slightly below April’s 1.5% and was the lowest since November 2015 (1.4%).
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Property prices across the UK have risen considerably with many experts stating that those considering selling a property should do so while demand is currently exceptionally high.
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New figures from the Council of Mortgage Lenders has revealed that landlords took out 45,000 mortgage loans before the introduction of the new stamp duty increase in April.
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Figures from Nationwide have revealed that house prices rose in April but a significantly slower rate than in previous months, with the average UK property rising by 0.2% according to the nation’s largest building society.
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