Property News from Saint Property

The Scotsman. Housing market ’stands on brink of Nineties-style collapse in prices’. Jeff Salway. 10th July 2010
July 13th, 2010

THE UK housing market stands on the brink of a relapse that could send house prices tumbling over the coming months, it has been claimed.
New figures have revealed that house prices fell for the third successive month in June, the latest indication that the nascent housing market recovery has stalled. And a housing market expert [...]

Dispatch. 29th June
June 30th, 2010

Agricultural Trends
On the 16th June 2010 Scotland’s Chief Statistician released various reviews on The Scottish Agricultural Industry giving an in depth analysis of agricultural statistics. The following is of note:
Total Income from Farming Between 2008 and 2009:

Decreased by £20 million (3.2%) to £589 million.
The increase in payments and subsidies of £72 million was countered by [...]

Dispatch. 23rd June 2010
June 30th, 2010

Budget Comment
·         The property market seems to have escaped the worst of Osborne’s budget.
·         The 28% rate of Capital Gains Tax will be paid by higher rate taxpayers with combined income and gains of more than £54,975.
·         This should not unduly affect investment in land as a means of having wealth in a secure [...]