Property

Short-term lets (STLs) contribute positively to Scotland's economy, generating almost £1 billion in gross value added (GVA) and supporting nearly 30,000 jobs, according to BiGGAR Economics. BiGGAR's analysis claims the economic impact of Scotland’s self-catering industry has a negligible

Expectations for home sales in Scotland have reached their highest in over three years, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, with a net balance of 50% of respondents expecting the volume of transactions to increase in the three months ah

Savills has released its latest forecast for the prime housing market, highlighting Scotland as the standout performer with the highest projected five-year growth of +21.0%. The prime housing market typically represents the top 5% to 10% of the market in any region.

The average selling price of property across Edinburgh, the Lothians, Fife and the Borders saw a 5.3% boost during September-November 2024, compared to the same time last year, taking the new average price to £286,263, ESPC has revealed. All regions (with the exception of East Fife) experience

The Scottish Budget needs to detail immediate actions to address the housing emergency, according to DJ Alexander Ltd. The property firm said that the Scottish Government needs to provide stimulus for the private building sector, provide clarity and stimulus to the private rented sector (PRS), put i

The ESPC has called for the full efforts of the Scottish Government to be put into increasing the supply of homes in Scotland. ESPC’s chief executive Paul Hilton believes that the Housing Bill, which has just passed Stage 1 at Holyrood, will have little impact on supply and that the "largest h

One year after the City of Edinburgh Council began implementing Scotland’s short-term let rules, Airbnb says its new analysis shows the licensing scheme has failed to have any impact on the affordable housing crisis in Edinburgh.

The average house price in Scotland reached £198,000 in September 2024, a 5.7% increase compared to September 2023, according to provisional figures from Registers of Scotland. Comparing with the previous month, house prices in Scotland decreased by 0.9% on a non-seasonally adjusted basis, whi

Newton Property Management has acquired Aberdeen Property Leasing’s (APL) block factoring portfolio. At the start of October, APL transferred all common management responsibilities for 1,400 factored properties to Newton. The deal followed APL’s decision to focus on their core letting se

Enquiries from prospective homebuyers and newly agreed home sales in Scotland have risen at their fastest rate in several years, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.

International real estate advisor Savills, on behalf of Park Holidays UK Ltd, has sold the freehold of Turnberry Holiday Park in Girvan, Ayrshire to Turnberry Holiday Park (Scotland) Ltd, for an undisclosed price.

The average selling price of property in Edinburgh, the Lothians, Fife and the Borders has grown to £288,071 during August-October 2024 – a 5.3% year-on-year increase – according to ESPC. The Borders saw its average rise 9.5% to £229,480, while Edinburgh’s average jumpe

Against the backdrop of the first Labour budget in 14 years and the pressures of the wider economy, Savills has released its latest analysis of the Scottish prime property market. Cameron Ewer, head of Savills residential in Scotland, said: "The Scottish prime market has been adjusting to wider econ

Private rent increases could be tied to inflation and apply to rent increases in between tenancies under fresh proposals from the Scottish Government.

Nicky Lloyd discusses how the Edinburgh rental market has performed after the first six months of changed legislation. October marked the first six months of the changed rental landscape in Scotland, following on from almost two years of the restrictions put in place on tenancies by The Cost of Livi