andersonbain LLP News & Updates

Welcome to the andersonbain news section. Here we will post news, updates and commentary on the latest developments in conveyancing & property law.

RICS recently published its housing forecast for 2017, which predicts an average increase of 3% in house prices in the UK over the course of the year. According to RICS, the supply of new houses onto the property market, or

A recent report by the Scottish Parliament’s Finance and Constitution Committee has concluded that the country’s transition to the new Land & Buildings Transaction Tax (LBTT) was ‘operationally successful’. However, the report goes on to say that it is too

The Council of Mortgage Lenders (CML) has given an update on mortgage activity by home movers, first-time buyers and remortgagers during the month of October. Key Figures The figures show that on an unadjusted basis, in October: – Home-owners borrowed

There was a rise in the average price of a property in Scotland in October 2016, taking the average price to £143,131, the latest UK House Price Index (UK HPI) has revealed. This is an increase of 4% over the

The number of mortgages granted to first-time buyers in the third quarter of this year is at its highest level since 2007, according to new figures from the Council of Mortgage Lenders (CML).  In total, first-time buyers borrowed £940 million,

Location is one of the most important considerations for home buyers when it comes to deciding on a new house, and many purchasers are prepared to pay a premium to secure their ideal setting. Rural Premium The Scottish countryside is

New research from Bank of Scotland has revealed that Scottish parents are prepared to pay a premium of as much as £80,000 on average to live in the catchment area of a top performing state school. According to the research,

House prices across the UK increased by 7.7% on average on an annual basis in September, taking the average property value to £217,888. On a monthly basis, average prices rose by 0.2% compared to August. UK Position These headline figures

Recent research into attitudes towards housing tenure has found that home-ownership is still the nation’s overwhelming preference and aspiration – and not purely for financial reasons. The research, by the Council of Mortgage Lenders, found 72% of adults want to

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