Leeds Building Society has announced that it will no longer lend money to people buying second homes.
Dj Alexander
One hundred homeowners in Scotland paid £84,000 on average to buy property in Scotland in June according to analysis of the latest statistics by property firm DJ Alexander Ltd, part of the Lomond Group. The firm said that the Scottish Government received £8.4m during June alone from 100
Scottish property rents have continued to rise at a higher rate than the rest of Britain after years of low increases according to an analysis of the latest data by property firm DJ Alexander Ltd.
Average house prices in Scotland have risen by 20% since the start of the pandemic, according to an analysis of the latest data by property firm DJ Alexander Ltd. The firm said that between March 2020 and February 2022 average property prices in Scotland rose 20.0% from £150,625 to £180,
The Bank of England’s anticipated relaxation of lending rules this week risks a potential housing price crash, according to property firm DJ Alexander Ltd. The firm said that the banks’ predicted decision to ease the stress testing limits to allow increased borrowing for buyers will pote
The tax paid by residential property owners in Scotland has risen by more than a third over the last three years compared to the same pre-pandemic period according to DJ Alexander Ltd. The firm said that the amount of land and buildings transaction tax (LBTT) collected has increased by 36.3% over th
Property continues to be a major income source for the Scottish Government, according to analysis of the latest data by property firm DJ Alexander Ltd. The firm has stated that Scotland’s residential property market accounted for £571.6 million in revenues last year with the final six mo
Scottish average property prices increased by nearly 10% in 2021, led by rises in the cost of larger homes, according to an analysis of the latest data by property firm DJ Alexander Ltd. DJ Alexander Ltd said that between January 2021 and December 2021 average property prices in Scotland rose by 9.5
Mortgage debt in the Edinburgh postcode accounts for almost a quarter of the Scottish total, according to an analysis of the latest data by property firm DJ Alexander Ltd. The firm said that of the £66,887,491,181 of outstanding mortgage debt in Scotland Edinburgh accounted for 23.9% of the to
Scottish property prices have increased by over 20% since the start of the pandemic according to an analysis of the latest data from real estate firm DJ Alexander Ltd. The firm said that between March 2020 and November 2021 (the latest month for which there is data) average property prices in Scotla
The Scottish property market had a rollercoaster performance in the last year according to DJ Alexander Ltd, part of the Lomond Group which is the largest lettings and estate agency in Scotland. The firm believes that the property market – from homebuyers to tenants, to landlords and investors
Lettings and estate agency Lomond Group has become the largest lettings and estate agent in Scotland after acquiring DJ Alexander. The move, which was supported by Lomond Group’s private equity partner LDC, brings Lomond Group’s portfolio of managed properties to 9,500 in Scotland, and s
David Alexander, managing director of property firm DJ Alexander, discusses the potential setbacks of introducing rent-controlled areas in Scotland. When an economy is laid low by war, famine, pestilence or – most recently – by a global pandemic, one factor is crucial to eventual recover
A £7,000 a month Edinburgh property was successfully let in one day, highlighting the booming private rental market according to property firm DJ Alexander. The lettings firm said activity in the rental market has increased enormously in recent weeks and they have been experiencing
David Alexander, joint chief executive officer of apropos by DJ Alexander, discusses how extending the Land and Buildings Transaction Tax (LBTT) holiday beyond the end of March would increase revenues. Mr Alexander said that the Scottish Government’s’ latest figures show that LBTT revenu