Lending is on the up
THE VOICE OF PROPERTY BEVERLEY BROWN
While the property news earlier this week revealed average house prices fell by £1982 over the year to April 2013, at long last mortgage conditions appear to be improving, which should help to re-balance the market by boosting activity in the lower price levels.
According to the Council of Mortgage lenders (CMl), total gross mortgage lending in May increased to £14.7 billion, a rise of 21% from April and 17% higher than in May last year, making it the highest monthly estimate for gross mortgage lending since October 2008.
Rural market expands
property specialist CKD Galbraith has merged with hayes Macfarlane, a long established farm and estates management business based in Aberdeenshire and Perthshire. hayes Macfarlane now becomes part of CKD Galbraith, taking the company’s network of regional offices to 14.
to a seven-year study regarding human nature and the ways in which beauty and impression influences buyer behaviour, researchers at Columbus State university in the uS suggest that using an attractive estate agent could boost the price achieved for your home. however, researchers noted
The mortgage market seems to have come off life support while a villa in Fife and a dream property for golfers set pulses racing
that although the most attractive agents made the most money from each sale, they generally had fewer total sales and it took them longer to close each sale.
Amazing but true, it took seven years to reach the conclusion that while physical attractiveness tipped the scales when all things were equal, it all came down to who worked the hardest and had more skill.
Rock of ages
hOuSe of the week has to be Rock Villa in the picturesque fishing village of Pittenweem in Fife. Built in 1747 – originally as three, terraced fisherman’s cottages – it has a foreshore position on the rocks overlooking the Firth of Forth towards Bass Rock and north Berwick.
While the location alone is enough to whet anybody’s desire, the house was
Right on course
uP being a golf widow? Blacknest house in Dumfriesshire could bring you and your partner closer together – as it stands right in the middle of Thornhill golf course. Better still, the property is big enough for lots of golfing enthusiasts as it includes a farmhouse, modern bungalow (both with three bedrooms) and traditional steading with scope for business use or holiday accommodation.
GROWING SUCCESS: L-R Colin Stewart (Hayes Macfarlane), James Galbraith (Chairman CKD), Tom Stewart (Hayes Macfarlane), Simon Brown (CKD) and Ian Hope (Hayes Macfarlane)