For those of you in Scotland....

LilacPixie

In tayside properties are staying on much longer but moving from o/o to fp with the fp being 12-15% above the o/o price. The houses are then selling at FP. I think everyone is just a little edgy.

I for one have decided that we arestaying put until 2009 at the earliest.

epz_2

as someone who has been looking to buy for over a year (1) there is a serious difference over the last few months.

it used to be good priced places would be a fight to get a viewing but now they are hardly shifting, granted i am looking at the same sort of places as developers are also after.


it should be clarified that even the article admits buyers are drying up, without fresh money coming into the market its got no choice but to stagnate and fall.


(1) changed jobs mid way through which kind of messed things up and i have particular taste.

BobProperty

mitchaa wrote: »

England takes into account London salary hence why i used 4 major cities from each country as to take London out of the equation. Hardly fair seeing as the rest of England comes no where near its capital. Ie Manchester vs London

So what do the figures look like if you take out Edinburgh (capital) and Aberdeen (oil inflated)?

mitchaa wrote: »

Oh, i would have thought there are plenty scroungers in Liverpool. Im almost sure Liverpool has more benefit claimants than that of Glasgow.

I'd just be glad you are over 250 miles from Liverpool saying things like that without backing it with figures.

Prudent

Lots of properties on the market in Clackmannanshire. Few selling. More and more going to fixed prices. No sign of a boyant market.

IveSeenTheLight

Sammz wrote: »

Aberdeen seems to have properties sitting for much, much longer and I've even seen a flat drop from o/o £99k to o/o £89k. Loads more at fixed price than I've ever seen.

I agree there is a wee increase in the number of fixed price properties but its definately not the majority.
For an area I keep my eye on, I checked ASPC and found that out of 46 properties, 9 were fixed price so 19.5%I'll keep an eye in the coming weeks and see if this increases / decreases

IveSeenTheLight

BobProperty wrote: »

So what do the figures look like if you take out Edinburgh (capital) and Aberdeen (oil inflated)?.

You'd also then have to remove the property prices from those areas as well.
No-one will be able to give to close an answer.

In another post I said

Nationwide Quarter 1 2008 report, Nationwides Chief Economist Fionnuala Early states that : -

"Scotland's relatively good performance in comparison to the rest of the UK is proably due to the fact that mortgage affordability in Scotland is less stretched thand elsewhere. Despite having seen double digit growth in 5 out of the last 6 ywears, the average house in Scotland is still the second lowest in all of the UK regions, while the house price to earnings ratio is lower than in any other region"

http://www.nationwide.co.uk/hpi/historical/q1_2008.pdf

This backs up what I have been saying in that there is still affordable housing in Scotland, although granted, I think the last few years has been stretching the affordability
http://forums.moneysavingexpert.com/showpost.html?p=10180479&postcount=21

It's this lowest ratio of wages to house prices (accross all regions) which means that properties are more affordable here.

jackieb

I'll let you know. We're hoping to have our house on the market next week.

It's scary!

IveSeenTheLight

jackieb wrote: »

I'll let you know. We're hoping to have our house on the market next week.

It's scary!

Where about JackieB?
Remember to post a link. Were all nosey bar stewards

Sammz

IveSeenTheLight wrote: »

I agree there is a wee increase in the number of fixed price properties but its definately not the majority.
For an area I keep my eye on, I checked ASPC and found that out of 46 properties, 9 were fixed price so 19.5%I'll keep an eye in the coming weeks and see if this increases / decreases

I used to see about 1 or 2 at fixed price up to £150k but now there are 53.

IveSeenTheLight

Sammz wrote: »

I used to see about 1 or 2 at fixed price up to £150k but now there are 53.

I agreed that there are more.
I actually saw a much higher percentage in December and January and has dropped back a bit in February and March.

The thing is they now have changed from offers over say 89K to fixed price 125k.
fixing the price does not necessarily mean prices are lower but may be an indication that what the seller is prepared to accept without going to a closing and a reduction in buyers.