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Latest News


Arran Property join Glasgow Solicitors Property Centre !

Arran Property have joined Glasgow Solicitors Property Centre ! . On the 25th February 2010, Arran Property was purchased by Miller Stewart Solicitors who are existing GSPC members. We shall now market all properties with Glasgow Solicitors Property Centre, this will further extend the levels of service, professionalism and ensure that all existing and new properties are given the widest exposure to the property market.

 

Arran Property Web Camera

As regular watchers of our web camera will notice, it has moved !! It now looks out over the Brodick Bay, with open views of Goatfell.

 

Web Site Visitors - February 2010

In only five months the Arran Property web site has attracted over 27,000 visitors. Each day we are recording in excess of 300 new visitors to the site. With the recent addition of "web videos", we are convinced that more visitors will be attracted to the site.

 

House Sales on Arran & New Instructions

Along with the upbeat reports in the press regarding the improving market for 2010, over the first two months of 2010, Arran Property have experienced a terrific uplift in the property market, buyers for both holiday homes and main homes have returned to the market and this has been confirmed in the recent increasing sales figures. New instructions have increased and no less than eighteen new properties were placed with us in the first seven weeks of 2010, which has resulted in five offers.

 

February 2010

The papers have been full recently of stories about rising house prices. Earlier reports from the Nationwide and the Halifax have been largely confirmed by official data from the Registers of Scotland and the Department for Communities and Local Government. All the reports are actually referring to roughly the same period with the official data for December emerging in February about a month or two after the reports issued by the lenders and the RICS. But the sheer volume of reports and the coverage they receive risks giving the impression that prices are rising more strongly than is actually the case. The temptation is to assume that the property market is back to normal and that we are at the start of another steady rise in prices when that is far from the truth. Certainly, there is good news coming through. Lloyds Banking Group (which now owns the Bank of Scotland and the Halifax) is gearing up to raise money in the markets by selling mortgages - yes the very RMBS (Residential Mortgage Backed Securities) that were at the heart of the credit crunch. The bank raised £4 billion last September this way and is hoping to raise another £2.5 billion now. The Co-operative Bank (which now owns what was the Britannia Building Society) is doing the same and also hopes to raise £2.5 billion. Since retail deposits aren't going to be enough to support mortgage lending, the news that at least some banks can raise some money from the markets gives grounds for hope that mortgage availability might improve. There are some signs that this is already happening. Mortgage Brain, which supplies mortgage information to financial advisers, says that nearly 1,000 new mortgage products were launched in January - the biggest monthly increase in product numbers for over a year. The company says that this is the seventh month in a row that product availability has increased, with products numbers up 78 per cent on the levels seen six months ago.

 

January 2010 - Increasing House Prices

House prices were 1.1 per cent higher last month than they were a year ago according to the Halifax. It is the first time that the Halifax house price index has reported positive annual house price inflation since last May. Prices, says the lender, have now risen for six months in a row. They rose by 3.5 per cent in the last three months of 2009, the biggest quarterly increase since 2006. In common with most other commentators, including GSPC, the Halifax pinpoints last April as the market's weakest month. Since then, however, prices have recovered by almost 10 per cent. The Halifax cites low levels of properties coming on to the market and low interest rates as key factors behind the price reversal. But a new, and unexpected, element has been added to these core reasons. Martin Ellis, Halifax Housing Economist, noted: "The recent improvement in the labour market, highlighted by increasing numbers of people in employment in both September and October, has also supported housing demand".

 

December 2009

House prices across west central Scotland, the country’s largest property market, are almost exactly the same as they were a year ago according to the latest House Price Survey. Despite the financial crisis, a mortgage ‘drought’ and the recession, the average house price in Strathclyde currently stands at £134,400, just as it did at the end of 2008

 

Sales Increase (2009)

As a result of our extensive marketing, new web site and national marketing, we have now exceeded our 2008 sales results in Arran !

 

Exceptional Visitor Numbers

Well what a time it has been ! Since we launched the new site 4,382 new visitors have arrived at our Site !!

 

Join Our Mailing List !

We have an automatic Mailing List which covers all new properties, all price changes and all closing dates. If you wish to be kept in touch with all new properties, why not add your e-mail to our site. This is located on the front page of the site. When completed you will automatically receive all new property details !

 

New Site Visits - Sweden & USA

We would like to thank everyone who has sent messages commenting on the new site, we greatly appreciate your comments. Also "hello" to our new visitors in Sweden and the large number of visitors from USA. It good to know that our site is being watched from far and wide. Why not save us in your favourites and keep in touch !

 

Welcome to our visitors from abroad !

Welcome to all of our visitors abroad ! From our latest site statistics, yesterday we had 14 American, 5 Australian, 3 Polish and 2 visitors from the Netherlands. We look forward to meeting you all when you arrive in Arran ! Why not have a look at Brodick on our Web Camera ?

 

New Arran Website website is launched

After a great deal of hard work from all of us on Arran we are proud to present our new Web Site! It's new ....... its different...... and has a lot more to offer you...

 

Thinking of renting your property?

WANTED- 3/4 bedroom 6 month let Brodick. WANTED1/2 bedroom 6month let, Brodick/Lamlash. If you are thinking about renting your property for 6 months or more, we can provide a full management package or a finders service.