Parents now fund more than a quarter of house purchases as young people and first time buyers struggle increasingly to get on the housing ladder. The so-called ‘bank of mum and dad’ is where parents provide the money to allow a first time buyer to get on the property market. The system has become the equivalent of the ninth-biggest mortgage lender in the UK, lending more than £6.5 billion this year, according to research from
Scotland must do more to reduce the number of empty homes in Scotland, according to a new YouGov pol which was commissioned by the Scottish Empty Homes Partnership (SEHP). The survey found that only 20 per cent of people thought that Scottish councils were doing enough to tackle the issue of derelict properties.
The average selling price of homes sold in Glasgow has increased by 10.7% between April and June 2017 year-on-year, and by 11.2% in the first six months of the year, according to the latest house price report from GSPC.
A repayment mortgage for a residential property purchase is the most common form of borrowing against a property. It is the most sensible way to repay your mortgage and as long as you continue to make your mortgage payments, at the end of the agreed term, your mortgage debt will be nil. Lenders have very strict criteria with interest-only mortgages. Some of the things they look for are that there is an acceptable source of
You may wonder what the advantage are of going with a solicitor estate agent, particularly with the increased visibility of online-only estate agents who market themselves as the cheaper alternative.
A new curated pop-up market will be coming to Glasgow at the end of June to help you make the most of the warm summer months. Pop-up street food stalls and boutiques have become a big trend over the last few years, and Hypermarket, which will be held at the Galvanizers Yard from 30th June to 2nd July, aims to create a complete curated market experience.
Living on an idyllic island is often one of life’s dreams, with the promise of a quieter pace and where you could wake up with sea views every morning. The Isle of Arran can make this dream a reality with its easy accessibility to Glasgow, a range of affordable properties and dramatic Highland-esque landscape of peaks and valleys, gorges, burns and heather-covered moors.
We’ve got solicitors offering free property buying and selling guidance, as well as mortgage advisers providing an overview of the mortgage process, affordability and all you need to know getting a mortgage.
Knowing where to start with your home buying journey can be difficult. But it doesn’t need to be! Follow our top steps to buying a house to help make the whole process easier.
Many people choose to re-mortgage at the end of any given fixed rate tie-in period or at the end of a special deal. In most circumstances, if you do not re-mortgage then you will revert to your lenders standard variable rate, which may be much higher than the rate you were previously on during your deal period. It may suit some borrowers to revert to a standard rate with no tie-ins, for example if