House Prices to Grow at Slower Rate in Scotland than Rest of UK

House Prices to Grow at a Slower Rate in Scotland than Rest of UK

R&T Property Solutions offer a very quick property purchase service. In many cases we can buy fast for cash.

Which is good news if you are a Scottish-based landlord who is worrying about the value of your property portfolio. And this applies whether you own just one flat, or several.

Sadly, there is every reason to be worried.

A report published recently in The Herald states that house prices in Scotland will not grow anywhere nearly as fast as those in most other parts of the UK.

Indeed, over the next four years, according to the paper, house prices north of the border will rise by 11.4 per cent.

While that might sound respectable enough, it is only half of what you could expect for your investment on average in the rest of the country.

The study of 12 UK regions, conducted by BNP Paribas Real Estate, points out that only the North of England and Northern Ireland will experience lower house price rises than Scotland over the next four years.

By comparison, property prices in the south west of England are expected to grow by 33 per cent in the same period. That’s approximately three times the return you would receive in Scotland.

It does make for depressing reading, because if you add in the impact of inflation, the return on your capital is pretty paltry.

So if you are thinking that now might be a good time to get out of the property business, then we can help make it a smooth transition for you.

R&T Property Solutions are based in Glasgow but we are seeking to buy property throughout Scotland.

Property acquisition is our business and we are more than happy to take a very long term view of our investments.

That’s why we are interested in purchasing your property, even when it might not seem to others that it is the best time to do so.

And that time could be now, particularly if you joined the buy-to-let boom, only to discover that a poor economy and Government taxation have combined to destroy your dream.

To make matters worse, the BBC has put the problems facing landlords in a nutshell.

In January an article on its website stated: “Who would have guessed that a Conservative government would take a dim view of buy-to-let landlords, just the sort of people supposed to be staunch Tory voters?

“But that is exactly what has happened.

“Not only will their stamp duty rates rise, but an erosion of some of their tax privileges is now in the pipeline for 2017, after an announcement in the Chancellor’s summer Budget.

“Also, the Bank of England wants the power to limit overall lending to buy-to-let borrowers, something to which the Chancellor will almost certainly agree.

“The economic and political problem, as the government sees it, is that the rise of private landlordism has crowded out home owners, especially the fabled first-time buyers.

“Not surprisingly, current and would-be landlords are now feeling a bit beleaguered.”

So, if you have decided that the rental game is not for you, because the returns have not been as good as expected (thanks in part to George Osborne’s policies), then we can help in a hurry.

Because we are not acting for a third party, but rather buying to expand our own portfolio, we can make an instant decision on whether or not we want to buy your property.

In some cases we should be able to complete the arrangements to buy your property within seven days.

We at R&T Property Solutions are proud of our fast purchase service. And, although we are based in Glasgow, we operate throughout the whole of Scotland.

Consequently we would be interested in buying your property wherever it is situated.

In particular, we are looking for property which is tenanted.

As a landlord you are subject to various rules and regulations which govern regulated tenancy agreements. We are more than happy to accept these agreements and guarantee to treat your tenants fairly and ethically in line with our code of conduct.

• We will not disturb tenants.
• We do not require internal access.
• We do not require to conduct internal surveys.
• We will always act ethically and be reasonable to existing tenants assuring them minimal disruption.
• We exercise strict client confidentiality for vendors.

So contact us right away if you would like advice on where to go from here.

R&T Property Solutions has 50 years of experience in this business. We can use our expertise to help you dispose of your property in the fastest possible way.

If the various changes in political and economic circumstances have made you think it’s time to cash in on your investment then contact us today. We promise a speedy resolution if we want to buy your property.

The process couldn’t be simpler and it could all take place within a week. So the sooner you get in touch with us, the quicker we will be able to make you an offer.