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Soaring pandemic property sales see demand outstrip housing supply

Soaring pandemic property sales see demand outstrip housing supply

Soaring pandemic property sales see demand outstrip housing supply
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The Greenock Mortgage Shop is determined to thank key workers

Commercial Focus Lloyd Kingsman and his team want to support key workers across Inverclyde. TODAY is the last day to nominate someone for a Greenock Telegraph Health & Care Award, as we count down to the ceremony on April 15. The Greenock Mortgage Shop, one of our sponsors, explain here why they decided to get involved. “Each and every one of them deserve a medal: the cleaners, the porters, the doctors, nurses, every single NHS worker.” That’s the view of Lloyd Kingsman, owner of the Greenock Mortgage Shop, who are the latest sponsor of a Greenock Telegraph Health & Care Award. The Greenock Mortgage Shop have sponsored the Doctor/GP of the Year category, with the pandemic having brought home to Lloyd the importance of the NHS and the staff who put themselves on the frontline.

Pent-up lockdown demand and impact of working from home feed in to Savills upgraded house price forecasts

  Article Pent-up lockdown demand and impact of working from home feed in to Savills upgraded house price forecasts By Hector MacKenzie Published: 11:00, 09 March 2021 Get the Ross-shire Journal sent to your inbox every week and swipe through an exact replica of the day s newspaper Faisal Choudhry: “2021 is going to be a complex and uneven year, with competing forces impacting the housing market at different points. A PROPERTY group has upgraded its house price forecasts and shared some home truths about the Scottish market. Savills has changed its 2021 UK house price forecasts from zero to four per cent growth. And the firm has speculated that the experience of working from home for many during the Covid-19 pandemic may feed in to future property demand with a premium on more space and surrounding green areas.

Outlook is still uncertain but there are signs of optimism in mortgage market

Outlook is still uncertain but there are signs of optimism in mortgage market November saw the first 90 per cent loan to value mortgages appear since the first lockdown in March By Greig Brown A RANGE of adjectives have been used to describe 2020, and when it comes to the residential property market it could be pretty well summarised as tumultuous. From a positive start to the year, to a three-month lockdown, no one could have anticipated the level of demand which then followed during the summer months – it was, quite frankly, astonishing. This volume of activity occurred despite a dramatic shrinking in the number of mortgage deals, especially when it came to the very popular 90% and 95% markets. In fact, these products became all but extinct as lenders sought to mitigate the potential economic risks of the pandemic.

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