Why does my lender need a mortgage valuation?
A mortgage valuation will confirm to your lender whether your chosen property is worth the amount you have offered to pay.
Scotland slow but steady
House prices drop for second month, but still up 4.4% annually. Edinburgh prices up 8.3% in a year. Transactions in Q1 2018 are 11% lower than Q1 2017.
Annual price growth triples England & Wales
Edinburgh house price growth slows but still up 10.6% annually. 29 of 32 local authorities show annual growth. Average house price is up by more than £10,000 in a year. Dumfries and Galloway up 12.3% annually.
Positive growth in house prices in Scotland
Average house price now stands at £183,994 – up by £11,800 over last year. Lothians, Edinburgh and surrounding areas contribute significantly to 6.9% annual growth in house prices in April.
Ever faster: House prices now growing 7.7% annually in Scotland
Scottish house price increases leave England, Wales and Northern Ireland standing. Affordability still the main driver of growth. Edinburgh powers growth with 14.5% average annual increase.
Annual house price growth in Scotland soars to 7.3%
Price growth in Scotland leaves England and Wales standing. New peak average prices in ten of 32 local authorities. 28 of 32 local authorities see prices rise on annual basis.
Annual house price growth in Scotland surges
5.9% annual rate dwarfs England and Wales’ growth of 0.7%. New peak average prices set in nine of 32 local authorities. Biggest monthly increase in over a decade at 1.6%.
Scottish house prices grow by 4.5% over 2017
Average Scottish House Price stands at £177,161, £7,582 higher than a year ago. Demand for Scottish property remains with lack of stock driving prices up.
Scottish property market powers ahead of the rest of the UK
Transactions in Scotland at their highest since 2008. Average home up £6,000 on last year as prices increase by 3.5%. Glasgow drives annual growth.