The rise in reliance on familial financial support in the UK housing market has hit record levels, with new research revealing that the so-called 'Bank of Family' is anticipated to facilitate over 318,000 property transactions with support worth around £8.1 billion in 2023.
Property
Edinburgh-based full-service property firm Rettie & Co has unveiled its new rural asset management division, consolidating its rural, estate, and farm offerings under a unified banner. The division is headed by Fergus Thomson and Lucy Murray, and its remit will include areas such as farm an
It has been revealed that property listings for sale in Scotland have seen a substantial uptick across several cities, according to a recent study by estate and letting agents DJ Alexander Ltd. The most noteworthy increases from August 2022 to August 2023 were in Inverness with an 83% rise
Letting agency DJ Alexander Ltd has experienced a record number of viewing requests, totalling 39,400, for rental properties in Edinburgh and Glasgow during July. This demand surge is the highest in the company's 41-year history, emphasising the accelerating appetite for rental homes in Scotland, pa
The iconic Hamilton Grand, a red sandstone landmark overlooking the Old Course's 18th green in St. Andrews, is witnessing its first resale since it was converted into luxury apartments. Savills has been tasked to broker flat 16, listing the asking price at £2.3 million. The flat is a unit cent
The average property price in Scotland in June 2023 remained steady at £189,000 compared to June 2022, according to recent data from the UK House Price Index (HPI).
Collected property taxes in Scotland have risen almost 50% in the past two years, according to recent analysis. Property firm DJ Alexander Ltd reports that revenues from the Scottish Government’s Land and Buildings Transaction Tax (LBTT) in June 2023 stood at £61.7 million from 8,780 pro
During May-July 2023, the average selling price of property across Edinburgh, the Lothians, Fife and the Borders held steady in comparison to the same time last year. A marginal increase of 0.4% took the average to £287,820, showing that the property market overall has retained composure durin
Average house prices in Scotland have risen by 1.57% between June 2022 and May 2023 and recorded substantial variations across the country. Edinburgh had the largest increase among Scotland’s main cities over the year rising by 3.35% with May’s figure of £334,118 the second highest
Rettie & Co. has shed light on the current state of the residential investment landscape in the country, specifically regarding the private rental sector (PRS) and build to rent (BTR) market. The details are outlined in the company's latest report, Build to Rent Scotland, Scottish Market Review
Mactaggart & Mickel Group has completed a £4.25 million acquisition of a rental property scheme at Love Loan, a modern neighbourhood development in Glasgow's city centre. Situated just off George Square, this area has been designed to complement Glasgow's energetic hospitality and social s
Aberdeen house prices have grown by 1.5% in Q2, according to newly published data on the Aberdeen housing market.
July saw house prices fall 0.2% month on month, according to the latest annual house price index from Nationwide.
Scotland's property market is showing signs of resilience amidst widespread affordability concerns, according to the latest report from Landmark Information Group.
Following a decrease in housing demand and supply in June, Scottish house prices are forecasted to remain largely stable over the next quarter, according to the recent Royal Institution of Chartered Surveyors (RICS) Residential Market Survey. The survey, which collates the views of property experts,