Property

Aberdeen's housing market has shown a 1.6% decline in the average property price during Q3 2024, as transactions rose 9.8% for the same period, according to the Aberdeen Solicitors’ Property Centre (ASPC). Based on data supplied by the ASPC, and compiled by the Centre for Real Estate Research

The average price of a property in Scotland has hit a record £200,000 in August 2024, a 5.4% year-on-year increase, according to the latest UK House Price Index data. In comparison, the UK average house price experienced a more modest annual increase of 2.8% – reaching £293,000.

Edinburgh-based Ralph Sayer has reached £230,000 in monthly turnover as it marks its second anniversary. The family-run property firm, which was established in autumn of 2022, recorded its busiest month in September and achieved a top 10 placement for insertions and sales in the ESPC.

DJ Alexander Ltd has expanded its presence in Glasgow with a new office in Shawlands. Located at 313 Kilmarnock Road, the office employs 14 people and underscores the firm's confidence in the city's sales and lettings property market.

Despite rising house prices and interest rates, first-time buyers (FTBs) in Scotland are returning to the housing market, according to DJ Alexander Ltd.

Scotland's housing market is showing promising signs of growth, with the highest level of optimism since early 2022, according to the Royal Institution of Chartered Surveyors (RICS). Despite a subdued September, The latest RICS Residential Market Survey reports a net balance of 33% of surveyors in S

Almost all aspects of the Tayside property market are showing "considerable growth", according to Tayside Solicitors Property Centre (TSPC). From July to September 2024, a total of 608 homes were sold, a 16% increase on the second quarter of 2024, with a combined value of £111,326,738. The ave

The property market across Edinburgh, the Lothians, Fife, and the Borders experienced a strong third quarter in 2024, with average selling prices rising by 4.9% year-on-year to reach £290,259. The City of Edinburgh saw its average selling price rise 4.7% to £307,850, making it the most e

Property firm Rettie has raised its 2024 house price forecast by a full 1.5 percentage points, doubling its prediction to 3%, with Rettie’s research unit adjusting its forecast due to the recent reduction in the UK interest rate. Dr John Boyle, head of research at Rettie, said: “With the

Lomond Group has expanded its Scottish portfolio with the acquisition of Aberdein Considine's residential lettings business. The deal adds 1,700 properties, from across Aberdeen, Aberdeenshire and the central belt, to Lomond's Scotland brand, DJ Alexander, bringing its total managed properties

Accountancy firm Wbg is advising operators to get their house in order before the forthcoming abolition of the furnished holiday lettings (FHL) tax regime. The abolition removes the specific tax treatment and separate reporting requirements for FHLs, so that income and gains from an FHL will then fo

Two-year fixed mortgage rates are falling faster than longer-term deals for the first time in two years, as the Bank of England signals a gradual approach to reducing interest rates. Santander is now offering a two-year fixed rate below 4% on a 60% loan-to-value mortgage, while other major lenders h

The Tayside Solicitors Property Centre (TSPC) is set to host a Property Investor Evening at TSPC, 11 Whitehall Crescent, Dundee, from 5.30pm until 7pm on Thursday, 26 September 2024. Speakers sharing stories and guidance will include a Dundee couple who swapped policing for property.

Scotland's coastal towns are dominating the property market, with 13 of the top 20 residential areas by average house price located on the coast, according to research by Rettie. Fife and East Lothian are home to nine of the top 10 coastal towns by house price, with Kilcreggan in Argyll and Bute the

Residential property prices in Scotland rose at the fastest rate since mid-2022 according to the results of the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, and Scottish surveyors expect sales and prices to rise over the next three months. A net balance of 39% of