The average price of a property in Scotland in May 2024 was £191,000, an increase of 2.5% when compared to May 2023, the latest provisional statistics from the UK House Price Index (HPI) have shown today.
Property
A total of £300 billion is needed to deliver the additional million homes in the Private Rented Sector (PRS) required to meet the future household growth requirements by 2031, Savills has warned. According to the real estate advisor's latest report on the UK Build to Rent (BtR) secto
Home sales in Scotland are expected to rise over the next three months despite a falloff in new buyer enquiries during June, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
Scottish property taxes reached £628.1 million in the year to May 2024, a £8.5m increase on the previous year (£619.6m), according to DJ Alexander Ltd. The Scottish property firm said this growth in land and buildings transaction tax was largely driven by the additional dwelling su
Miller Homes has purchased an 11-acre plot in the Dalhousie development from the Springfield Group, allowing for the creation of 85 new homes just outside Bonnyrigg.
Scotland's residential development market has seen a positive first half of the year, with a significant increase in viewings and reservations, according to Savills.
Students in Glasgow could be faced with paying close to £5,000 more for accommodation than their counterparts in Aberdeen in the next academic year, according to real estate advisor CBRE. The firm analysed the purpose-built student accommodation sector (PBSA) in the UK’s 30 major univers
Dalian House, once a landmark 64,000 sq ft office building in the heart of Glasgow that hosted NHS Scotland, has now been revitalised and unveiled as a 92-apartment boutique build-to-rent apartment community, financed by Maven Capital Partners.
House prices in Scotland rose by 4.5% in the 12 months to April 2024, reaching an average of £190,000, according to the Registers of Scotland.
Grouse Lettings, a residential property management and leasing business, has expanded its property portfolio by 295% following two acquisitions. The Aberdeen firm has acquired Babs Buglass Leasing and the long-term lettings side of the PMC Property business. The combined valued of the deals is six-f
Surveyors in Scotland anticipate that house prices will increase through the coming months according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey as both demand and supply remain steady.
Edinburgh's detached homes have seen an extraordinary price surge, rising nearly £1,500 per week in the last year. According to analysis of official figures by DJ Alexander Ltd, the average price now stands at £742,304, a £75,490 increase from April 2023 to March 2024. This is equi
Lender and investor sentiment has improved compared to 12 months ago, Savills revealed at its 36th Financing Property presentation.
Scottish home sellers are increasingly turning down "significant" amounts of money by rejecting their highest offers – when those offers are subject to the sale of another property – and instead opting for a chain-free sale. This trend is driven by sellers' desire for greater certainty a
The average price of a property in Scotland in March 2024 was £192,000, an increase of 6.7% when compared to the same period last year, the UK House Price Index (HPI) has revealed.