TotalHomes

Property News from the Scotsman

Interest-only mortgage holders face ruin
MANY Scottish homeowners face difficulty in re-paying their mortgages and could lose their homes because they have interest-only mortgages and are not saving enough to pay off the amount they borrowed, a new report has warned.
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Inverness surpasses Edinburgh as top-growing Scottish city
INVERNESS has overtaken Edinburgh as the fastest growing city in Scotland and is now the second most expensive place to live in the country.
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The reality of the great housing divide
THE gulf between the rich and poor in terms of property wealth is wider than at any time since the Victorian era, according to research published today.
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Mortgage approvals tumble 35%
IN THE latest sign the property market is cooling fast, the number of loan approvals for home purchase tumbled 35 per cent in October on a year earlier, the British Bankers' Association said.
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BoE 'faces tough task to maintain stability'
THE Bank of England faces challenging times ahead if it is to respond effectively to issues such as the housing market slowdown, its deputy governor has warned.
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A long overdue renovation
A REVOLUTION in Scots law will sweep away the inequities of ancient legislation.
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Highlands house price boom slows
THE house price boom in the Highlands will continue to grow next year, although it is slowing considerably.
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House-price benchmark tops £100,000
SCOTLAND'S property boom has spread right across the country with new figures showing for the first time that the average house price has topped the £100,000 mark in every region of Scotland.
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House prices bust £150,000 barrier in city
THE continuing strength of Edinburgh's housing market was confirmed today when for the first time official figures showed the average property price in the city has gone through the £150,000 barrier.
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No slowdown for £1m properties
Sales at top end of market continue to soar, despite wide fears of a downturn.
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Slowly but surely housing market is losing pace
PUT your money in bricks and mortar is the old adage. In view of predictions of falling prices, Sandra Dick asks if your cash will continue to be as safe as houses.
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Pool your resources to make most of property investments
SYNDICATES - pooled investment funds - continue to have a major impact on the Scottish commercial property sector.
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Murray's PPG raises profits 19%
PREMIER Property Group, David Murray's most profitable business, yesterday revealed a 19 per cent jump in annual profits and promised there is still more to come.
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Returns on property hit 10-year high
INVESTMENT returns from UK commercial property hit a ten-year peak of 17.4 per cent in the 12 months to the end of October, fund benchmarker Investment Property Databank has said in its monthly report.
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Morton breaks Ryden mould
RYDEN, the commercial property consultancy, has appointed its first female managing partner. Fiona Morton, 44, takes over from Jim Shankland, who is leaving to pursue other interests.
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