Latest from the Andersons property blog
Urban Myth 978; Home Report Shelf-Life. One of the most frequent misconceptions we face is the notion that “Home Reports only last for 12 weeks”. Well they don’t. Under the terms of the original Home Report legislation it is clearly … Continue reading →
News
Will Aid 2011
Andersons LLP are supporters of Will Aid and in 2011 raised funds for nine popular Charities by writing Wills for local people under the Will Aid Scheme.
All of the money goes straight to Will Aid and is shared by the participating Charities: ActionAid, Age UK, British Red Cross, Christian Aid, NSPCC, Save the Children, Sightsavers, SCIAF and Trocaire.
Andersons LLP is proud to support Will Aid and we would like to publicly thank all of those people who made Wills through us and donated so generously.
Encouragement in Kinross-shire property market
Anyone trying to sell a property in the current market will soon tell you that it is not easy and yet as we emerge from the summer months there have been encouraging signs which can give us reason for cautious optimism as we head towards 2012. Certainly here at Andersons there has been a vast increase in the volume of sales. In the 5 week period from the start of September our Estate Agency Department sold over £6 million* worth of properties in Kinross-Shire. In addition we were involved in the conveyancing of a further £2.8 million worth of other property sales also in and around Kinross. This is easily the highest concentrated volume of property sales in this area for several years. While it should be emphasised that this is against a backdrop of unprecedented numbers of property on the market (here and in the rest of the country) it is still a very welcome sign of increasing confidence and activity as we head into the winter months.
Is this the start of a recovery? Well it is certainly far too soon to say that, and there are still many excellent properties on the market which remain unsold, but there are positive indicators. The biggest encouragement for us has been the re-emergence of that all too rare species…first time buyers. We know from speaking with a range of financial advisors that first time mortgages of 90% are now available. While a 10% deposit is still a hefty amount we have also seen many instances of parents releasing equity in their own properties to assist their off-spring onto the property ladder. First time buyers are the key to a good property market and while surely no-one wants a return to the spiralling house prices of the 80’s and 90’s all the recent indicators and surveys predict a rise in property values over the coming few years. We will keep trying to do our bit to build on the current momentum. Let us hope the banks and governments do the same.
If you would like information regarding mortgage or re-mortgage advice contact our solicitors, Campbell Watson or Lorna Miller, by phone or email .
* Completed sales and accepted offers from September 3rd 2011 to October 6th 2011
New Website
We have expanded our website to give greater details of our full range of services. We have also introduced a property blog, the first issue of which includes topics on first time buyer mortgages, the state of the local market and the role of social media in property marketing.
Also in November we will be participating in Will Aid where you can have a straightforward Will drawn up and all that we will seek in return is a donation to charity.