Caesar & Howie Latest News

Posts Tagged ‘Buy a house in Scotland’

Inverness Property Prices Surge Ahead

Tuesday, December 8th, 2009

Many clients of Kupdom have been buying houses in the Inverness area.

Those buyers will be pleased then to have seen figures from the Lloyds TSB house monitor issued this week.  They show that the average price for a house in Inverness and the Highlands and Islands is £168,815.  Also the price shows a healthy growth of 6.9 % from the same period last year.

Not all parts of Scotland have experienced figures like that with Glasgow and Edinburgh still showing price falls.

Aberdeen showed the highest prices rises – averaging 13% – but the North now lies third behind Edinburgh and Aberdeen in the house price league.

Many Poles buying houses in Scotland have been drawn to Inverness and the North with Inverness now experience good population growth.

“I am not surprised at the figures” says Sebastian Kedziora from Kupdom.  “A lot of our clients appreciate the beauty of the North and many have found jobs perhaps a little more easy to come by than in some parts of Scotland.  It looks like they have been making a good investment buying there also – so I expect the Polish community in Inverness to continue to expand”

The Scottish House Market Is Returning To Health – But Slowly, Slowly

Friday, November 13th, 2009

kjFigures from various sources confirm that the Scottish House market is changing a little, with prices stabilising and even starting to increase slowly again.

The Registers of Scotland – where every Scottish house transaction is recorded – state that prices have gone up in the third quarter (July to September) by 6.1% from the second quarter.  That leaves the average price of a residential property in Scotland at £154,453.  The national average figures of course disguise significant regional variations, and in six local authority regions prices were still shown to be falling.  The biggest rise was in Perth and Kinross at 15% and the biggest loss was in Renfrewshire with a loss of 3.7%.

The picture therefore remains very mixed but at least after two years of bad news clearly there are some signs of a market returning to health.   Solicitors and estate agents, however report that trading volumes are still down and this is confirmed by the Registers who state that five thousand less house transactions took place in the third quarter this year compared with 2008.

Kirsty Jack, Property Manager at Caesar and Howie and who works closely with the Kupdom Project states “There are clearly some positive signs but our sales volumes remain at about half the level of two years ago.  I would say however that there are many people who would wish to buy but who still cannot get mortgage finance.  The house buying culture is still strong in Scotland and as the financial world slowly returns to normal I predict a slow improvement in prices and sales volumes over the next few years.  People buying a house now, I think will look back in a few years and think they have got a bargain”.

Home Reports A New Way of Buying & Selling Homes in Scotland

Tuesday, November 18th, 2008

From the 1st December all properties sold in Scotland will require to have a Home Report made available to prospective purchasers.

Caesar and Howie have no particular issue with the concept of Home Reports – if someone wants to produce a report in the belief that it will help a sale that is fine. However we do object to the compulsory nature of these reports and to the fact that sellers will be subject to criminal charges should one not be produced by the seller.

This seems grossly unreasonable to us.  The effect of this legislation is to ensure that sellers will have to incur several hundred pounds of costs before even being able to market a property. This seems wrong and unnecessary to us and we note with interest that the English equivalent of these reports have been seen as a resounding failure – with many now calling for the legislation requiring them to be repealed.

However despite our own views we will ensure that clients are able to obtain a Home Report as part of our property sales service.  The reports themselves split into three sections – the survey, the energy performance certificate and the property questionnaire.  The first two sections will be completed by surveyors who have obtained energy performance assessor qualifications and the last section the government envisages will be completed by sellers themselves. The “survey” section of the report will be similar in form to the old “Type 2″ survey, giving details of construction, necessary repairs and the surveyor’s valuation.  The energy performance section will give an idea of the energy efficiency of the property and potential improvements possible.

The property questionnaire is a section which is intended to give other general information about the property and its usage – including the various rights of access and servitude rights attaching to it. Effectively this last section will contain an amount of legal information which can only be accurately obtained by examining the title deeds to the property.  For that reason Caesar and Howie qualified legal staff will obtain titles for clients assist them in the completion of that part of the report. We think it important if these reports are to be of any use at all that the correct information is entered into them and our legal staff will help ensuring that this is the case where our clients are involved.

Home Reports with legal input can therefore be obtained from Caesar and Howie for all houses going on the market after 1st December 2008.  Credit arrangements will be available to those clients wishing this.

Work has begun on the Sidings

Wednesday, May 7th, 2008

Househunters looking to buy a house in Scotland may be interested in a new Barratt development in Baillieston.

The Sidings, Barratt West Scotland’s most recent development, is situated on a former railway sidings and will consist of apartments and two and three bedroom houses.

According to David Balmer, Barratt West sales and marketing manager, the Sidings is located in an ideal spot for commuting to both Edinburgh and Glasgow, since it is close to the M8 and the North Electric rail system.

“With the M8 motorway just minutes away, commuting to Glasgow, Edinburgh and the North and the Clyde Coast couldn’t be easier,” he said.

The Laurels, another Barratt development in Rutherglen, may be of interest to Scottish first-time buyers, as the company is offering a Head Start package for people stepping onto the housing ladder.

Perthshire development ‘offers a taste of country life’

Friday, May 2nd, 2008

A new development in Perthshire offers the taste of upmarket rural life, according to Redrow.

The housebuilding firm has announced the launch of its new show home in the Graemeslea development in Aberuthven, which may be of interest to people hoping to buy a house in Scotland.

On May 10th, the show home will be unveiled, allowing visitors to experience the countryside surroundings, as well as have a go at archery and witness a falconry display.

Specialist chef John Quigley will be making an appearance at the event in order to cook up some Scottish cuisine in the show home’s kitchen.

Diana Newton, sales director for Redrow Homes, said: “Graemeslea is a beautiful development of stunning luxury homes, perfectly set among the breathtaking scenery of the Perthshire countryside.”

The development is a 15-minute drive from Perth and just over an hour away from Glasgow and Edinburgh, according to the company.

Another development that may be of interest to people looking to buy a house in Scotland is the luxury apartments at the Laurels, a Barrat Homes development in Rutherglen near Glasgow.

South Kessock development plans ‘to be unveiled’

Friday, April 18th, 2008

A new waterfront housing development in South Kessock is to be unveiled next week, a site that could include some attractive properties for those looking to buy a house in Scotland.

According to the Inverness Courier, developer Caledonian Property Partnership will put on a day-long exhibition of the proposals, with locals invited to declare their views on the planned development.

“It would be something new for South Kessock although waterfront developments are not new in other areas and have worked well in other regeneration areas such as Leith, Glasgow and Liverpool,” said Inverness Central councillor Peter Corbett, according to the newspaper.

A spokesperson for Caledonian Property Partnership claimed that the plans were “very exciting”, something that may whet the appetite of anyone looking to buy a house in Scotland.

The plans will reportedly result in construction on a disused industrial area in South Kessock.

The official Inverness City website claims Inverness has one of the lowest unemployment rates in the country, as well as the lowest pollution levels of any British city.

Scotland house prices ‘staying strong’

Thursday, April 17th, 2008

Those looking to sell a house in Scotland could be buoyed by the recent research suggesting that homes in the region are bucking the overall UK trend.

According to a report in the Glasgow Evening Times, the Royal Institution of Chartered Surveyors (Rics) has noted that whereas house prices in other areas of the UK were in record low territory, 90 per cent of Rics members reported Scottish house prices were the same or higher than previously.

“Scotland is in a unique position with house prices continuing to increase, albeit not at a booming’ rate. The general feeling within the industry is that the Scottish market is currently holding up well,” said Rics Scotland director Graeme Hartley, according to the paper.

This may come as good news to those looking to sell a house in Scotland, as it means their home will be worth more than in certain other places in the UK.

According to the Rics UK Housing Market Survey for March 2008, Scotland is the only UK region with the “net balance of surveyors” noting a rise in house prices.

Scottish housebuyers ‘could be swayed by Neighbourhood Watch scheme’

Thursday, April 17th, 2008

People looking to buy a house in Scotland could be tempted into choosing a property based on factors such as a low crime rate or the existence of a neighbourhood watch scheme, according to an expert.

Miles Shipman, commercial director at UK property website Rightmove, said that an area’s crime rate normally has a big influence on people’s feelings about a property.

“Crime is an important factor. Areas with a neighbourhood watch and areas with a better track record on crime are also one of the key factors [that people look for],” Mr Shipman said.

He also suggested that people looking to buy a house in Scotland that would mean they move away from friends and family will probably be interested in how close a property is to transport links, which will enable them to visit loved ones.

Yorkshire Bank’s house buyers’ survey, which was published last month, revealed that 74 per cent of people value a Neighbourhood Watch scheme.

Luxury development ‘attracts buyers’

Tuesday, April 8th, 2008

A development of luxury houses has encouraged those looking to buy a house in Scotland to queue overnight in order to secure one of 13 properties, according to reports.

The Helensburgh Advertiser said that the Victoria Crescent luxury homes at the Royal Northern and Clyde Yacht Club, launched by Savills Property Agent, attracted a number of buyers who were willing to stand in the bad weather overnight to secure one.

Eight high-end apartments and five luxury houses make up the development and the fact that work has not yet begun on the properties did not put off certain househunters who were looking to buy a house in Scotland.

“People are showing a lot of interest in Victoria Crescent and seem keen to buy,” said Andrew Perratt, an estate agent from the firm, according to the newspaper.

“Most people have come for the apartments. There seems to be an acute shortage of high end flats in Helensburgh.”

Two-bedroom apartments start at £270,000 and a four-bedroom house £590,000, with the properties expected to be completed this time next year.

Savills has more than 200 offices and associates across the world, according to the firm’s website.

Buyers urged to be careful when renovating homes

Tuesday, April 8th, 2008

Anyone who might buy a house in Scotland with the idea of renovating parts of it has been issued a warning by a leading do-it-yourself firm.

Retailer B&Q has highlighted a number of mistakes that DIY enthusiast could make when getting big ideas about how to adopt their home once they have decided to buy a house in Scotland.

“Don’t rip out period features such as fireplaces, use textured plaster or woodchip to cover uneven walls, create windowless rooms, put [in] double glazing that doesn’t open or economise by living with dated wallpaper or furnishings,” a spokesperson for B&Q said.

The retailer added that insulating lofts or wall cavities, increasing natural light or replacing an outdated bathroom suite are all ways to add value to a home, tips that could be useful for anyone who looks to sell a house in Scotland in the future.

The annual Halifax Home Improvement Survey revealed in 2007 that some 58 per cent of the population had undertaken home improvement work in the previous 12 months.