Here at Nicol Estate Agents we are delighted that the property market has returned with a bang. We were expecting that pent up demand and low mortgage rates would create a spike in the market, but the level of activity we are seeing has exceeded all of our expectations.
We have been delighted with the volume of enquiries and viewing requests we have received. The overall demand for houses and apartment has been unprecedented.
We are seeing numerous closing dates since the market reopened and some of the highest prices ever achieved with demand outstripping supply. Properties are selling within days and many of our clients are thrilled at the high level of interest in their homes.
If you’re thinking of selling – now is the time.
Last week, Scotland’s housing market was given a new boost as Kate Forbes announced that the Scottish Government was introducing a tax break in a bid to get the economy moving. The Finance Secretary announced a package of measures in response to the mini budget by Rishi Sunak on Wednesday.
It was announced that the Land and Buildings Transaction tax (LBTT) threshold would be raised to £250,000 – a move she claimed would help eight out of 10 property deals in Scotland. This came after the UK Government raised the Stamp Duty threshold to £500,000 in England.
Here are just a few of the properties that have come onto the market since we reopened our doors:
Katrine Drive, Newton Mearns – Offers Over £470,000
Burnhouse Brae, Newton Mearns – Offers Over £279,000
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6 Dunolly Drive, Newton Mearns – Offers Over £375,000
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145 Kilpatrick Gardens, Clarkston – Offers Over £349,000
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Milverton Road, Lower Whitecraigs – Offers Over £495,000
Craignethan Road, Whitecraigs – Offers Over £705,000
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Maple Avenue, Newton Mearns – Offers Over £295,000
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Shawwood Crescent, Newton Mearns – Offers Over £195,000
