Comment on the current property market:-
18 November 2008: The dramatic 1.5 per cent slashing of interest rates by the Bank of England a fortnight ago is still percolating through to the general public, after lenders played catch-up with events.
4 November 2008: The number of new mortgage approvals rose in September - for the first time in 12 months.
14 October 2008: House prices across the UK fell by 1.3 per cent in September according to the Halifax, but Chief Economist, Martin Ellis, detected tentative signs that the pace of the decline might be slowing.
9 September 2008: There was some much-needed good news for the housing market last week, with the long-awaited announcement of a stamp duty suspension for homes under £175,000.
19 August 2008: Glasgow is one of the top five UK cities for buy-to-let landlords. New research showed that four per cent of landlords own property in Glasgow, making it one of the most popular cities in the country for buy-to-let investors.
20 July 2008: Communities Minister Stewart Maxwell today announced new measures which he hopes will “streamline” the Landlord Registration Scheme.
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