ScotProperty.com

LAFRA - Leasehold and Freehold Reform Act

LAFRA is beginning to generate a lot of discussion in all parts of the industry, and support for it seems to be turning to opposition from what I am seeing. Some of the reasons are justified.

Glenborrodale Castle

Castles for sale in Scotland are not that uncommon, location though can be hit and miss, I like this one, for the location!

Inflation jumps to 3%

At the last point inflation was 2.5%, the latest data from the Office of National Statistics it has jumped 0.5% to 3%. Not a great sign and puts more interest rate cuts at doubt.

Mortgage deposit provided by bank of mum and dad

Children who have the benefit of mum and dad to help them out with a mortgage deposit have a great advantage but mum and dad need to appreciate it's not a loan.

Vendor Gifted Deposit

Is a vendor-gifted deposit beneficial to a property purchaser and what does the lender think of it?

UK mortgage arrears fall, repossessions rise

The latest data from the UK Finance suggests that although the number of arrears cases are falling in the UK, repossessions are increasing.

Rogue fire consultant puts lives at risk

Tri Fire is a company that issues EWS1 safety certificates for building cladding. Allegations emerged this week that certificates may not have been issued correctly and it may be intentional.

Interest Rates drop to 4.5%

The Bank of England voted to reduce the base rate From 4.75% to 4.5% today, great news, or is it? Perhaps not!

FCA propose to simplify mortgages

The Financial Conduct Authority (FCA), the UK regulator for mortgage lending, has suggested that rules for mortgage lending could be loosened, allowing many to borrow more.

Properties in Edinburgh close to the £5m point.

It doesn't seem like that long ago when properties in places like Glasgow or Edinburgh were passing the £1m mark, now some are nearing the £5m point like this one.