May 11, 2015
Managing Director's Post-Election Comment
David Blythman, Managing Director of scottfraser gauges the effect that the UK Election result will have on the residential property market.
For several weeks leading up to the 2015 general election houses didn’t seem as safe as they might be. Across the country, house buying and selling activity stalled as people awaited the result. So the announcement that there would be a winner with a clear if perhaps only slender majority was met by those in the housing industry with a collective sigh of relief.
It wasn’t necessarily the political stripe of the party that won but the fact there was at least a clear result and the property market would not be left in limbo during weeks and possibly months of political horse-trading and in-fighting.
May 01, 2015
scottfraser Blog: The Election is...
With only a few days to go before the 7th May housing has become one of the biggest topics in the general election. Our homes are at the heart of our lives and our families. They are the place most people wake up in the morning and return to after work or school. They are not commodities so it is important that we get housing right.
The property market plays a major part in the overall wellbeing of the UK economy and with sale prices and rents increasing, pressure on Britain’s limited housing stock has never been greater.
All parties agree it is critical to build more homes, the National Housing Federation estimates that around 245,000 new homes a year are needed, but they disagree about the best way to achieve this.
It is known that the housing market has a huge variance across the UK; therefore each policy will have a different impact in different locations. It is going to be interesting to see what impact the result of the general election will have on Oxford’s housing market but one thing we know for certain is that demand will remain high.
Here are the main pledges proposed by the different parties to deal with the problems:...
April 27, 2015
scottfraser Blog: Renting Property &...
The letting of a property can be a great source of earning an extra regular income; however the tax related can be a minefield of figures and calculations. At scottfraser we keep abreast of these taxing times by holding regular seminars and training with our accountants.
This is not an exhaustive guide but designed to give a quick overview of the main taxes.
March 31, 2015
scottfraser Blog: 2015 First Quarter...
scottfraser do not just let and sell properties. scottfraser has a responsibility to keep in touch with changes in legislation and understanding best practices to ensure we protect our clients and provide a quality and vital service to all. Here, Victoria Mellor, Training & Compliance Manager, takes a look at the headline changes in residential lettings legislation in the, somewhat busy, first quarter of 2015.
March 20, 2015
scottfraser Blog: Investing and Living...
Attracting students and young professionals alike, East Oxford is considered the most vibrant and cosmopolitan area in the City, often compared to the more bohemian parts of the Capital.
By day bustling with shoppers, by night buzzing with trendy young professionals and students, the Cowley Road offers a range of entertainment venues together with cafes, bars and restaurants catering for all tastes and pockets.
March 19, 2015
Managing Director, David Blythman's...
The property market is like a building. It is built from the bottom up. Good foundations underpin the market just as they do a fine building.
Much nonsense is spoken about the market being driven by the wealthy. In fact it is driven by the needy – those people who simply need a roof over their head rather than desiring a better home for extra convenience or social status.
The two central piles of good property market foundations are affordability and confidence. Chancellor George Osborne sought to further strengthen these in this year’s Budget speech.