Shetland Property News

Comment on the current property market and specific comment where this might affect Shetland Property:-

  • Interest Rates Fall
    Rate Cut Still Taking Effect

    18 November 2008: The dramatic 1.5 per cent slashing of interest rates by the Bank of England a fortnight ago is still percolating through to the general public, after lenders played catch-up with events.

  • Property Prices
    Prices Set to Plateau?

    14 October 2008: House prices across the UK fell by 1.3 per cent in September according to the Halifax, but Chief Economist, Martin Ellis, detected tentative signs that the pace of the decline might be slowing.

  • Stamp Duty
    Stamp Duty Suspended Under £175,000

    9 September 2008: There was some much-needed good news for the housing market last week, with the long-awaited announcement of a stamp duty suspension for homes under £175,000.

  • Consultation on Landlord Registration Scheme Launched
    Consultation on Landlord Registration Scheme

    20 July 2008: Communities Minister Stewart Maxwell today announced new measures which he hopes will “streamline” the Landlord Registration Scheme.

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