All The Latest Property News
Start Date For £22m Greenock Town Centre Redevelopment
Construction work on a major £22 million redevelopment of Greenock Town Centre is set to begin in early 2025.
Numbers In Private Rented Homes On The Rise - Census
The number of privately rented homes in Scotland has increased by almost 10% in a decade, according to the latest figures released from the 2022 census.
House Hunting Picks Up As Some Offer After 20 Minutes
Property sales will pick up in the autumn owing to a change in the "mood music" in the housing market, surveyors say.
Rate Cuts To Help Fuel House Price Rises, Halifax Says
Lower mortgage costs and more interest rate cuts could fuel a rise in house prices for the rest of this year, the Halifax has said.
Inverclyde Market Update – July 2024
Bowman Rebecchi is delighted to share the latest residential property market statistics for Inverclyde for July 2024.
UK Interest Rates Cut To 5%
The Bank of England's governor said a decision to cut interest rates is “an important moment in time” but warned people not to expect a sharp fall in the coming months.
First-time Buyers Spending Up To 40% Of Pay On Mortgages
People buying a house for the first time are spending about 37% of their take-home pay on mortgage payments, according to the Nationwide.
Number Of Agreed UK House Sales Over Past Month ‘Up 15% On 2023’
The number of agreed house sales over the past month was 15% up on this time last year, according to Rightmove, as buyers anticipate “gamechanging” interest rate cuts they hope could come as early as August.
RICS: Surveyors Optimistic For House Sales
Home sales in Scotland are expected to rise over the next three months despite a falloff in new buyer enquiries during June, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
Inverclyde Market Update – June 2024
Bowman Rebecchi is delighted to share the latest residential property market statistics for Inverclyde for June 2024.
Mortgage Costs 'Biggest Challenge' For Homeowners
Mortgage costs are still the biggest challenge facing homebuyers and those coming to the end of fixed-term deals, the UK's biggest mortgage lender has said.
Private Rents In The UK Hit Record High, Data Shows
Average private rents in Great Britain have climbed to record highs, prompting a call for the next government to prioritise measures to help create an extra 120,000 rental properties.
What’s The Big Picture With House Prices In Inverclyde?
Zoopla, the leading residential property software, data, and insight company has released its insights into the local residential market.
High Mortgage Rates Pricing Out Buyers, Says Nationwide
High mortgage rates mean affordability is still "stretched" for many home buyers, according to the Nationwide.
HSBC Joins UK Banks In Cutting Mortgage Rates
HSBC has joined two other major lenders in reducing mortgage rates following hints of a summer base rate cut by the Bank of England.
Inverclyde Market Updates – May 2024
Bowman Rebecchi is delighted to share the latest residential property market statistics for Inverclyde for May 2024.
Housing Demand Wanes As Buyers Bank On Rate Cut
House buyers are putting off purchasing a new home until the Bank of England cuts interest rates, evidence suggests.
Rents Rise At 6.6% A Year but Pace Is Slowing
Rents for new lets have increased by 6.6% in the year to April, but this is the slowest annual rise for two-and-a-half years, according to property portal Zoopla.
What’s The Big Picture With House Prices In Inverclyde?
Zoopla, the leading residential property software, data, and insight company has released its insights into the local residential market.
UK House Prices In Surprise Rise In May 2024
UK house prices returned to growth in May after rising by 0.4%, according to Nationwide, as buyers' confidence was buoyed by wage growth and lower inflation.