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Increased Stability In Mortgage Market

The Bank of England made the decision yesterday to maintain the Base Rate at 5.25% for the second consecutive time. With this consecutive hold, many industry experts speculate that we may have reached a peak.

October 2023

The property market in Central Scotland is still experiencing rising prices, with detached houses and new builds leading the price hike.

Mortgage Rates Are Falling But Future Is Still Uncertain

The best mortgage rates have continued to improve this month, with fixed rate mortgages now available below 5% for the first time since June 2023. Rightmove’s mortgage tracker, showed the lowest rate on a 5 year mortgage was 4.94%.

September 2023

While buyer demand has been declining for the 16th consecutive month, there continues to be a persistent shortage of properties available in the Central Scotland market.

August 2023

We saw a slight slowdown in the property market in the Stirling area in July, which is to be expected during summer holiday season.