Property

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

Average house prices rose £5,368 in Scotland last year, according to DJ Alexander. The Scottish lettings and estate agency said that the latest data from the monthly house price index published today shows that between July 2023 and June 2024 average house prices in Scotland increased from &po

Acre, a mortgage intermediaries platform, is launching a Scottish conveyancing panel with Smoove. The collaboration between Acre and conveyancing platform Smoove will give brokers and homeowners access to a panel of 10 firms.

The average selling price of property in Edinburgh, the Lothians, Fife and the Borders was £287,488 in June-August 2024, an annual increase of 2.3%, ESPC reports. Most of the regions enjoyed similarly small but healthy increases in average selling prices, with the Borders seeing a 3.4% annual

House prices in Scotland's island regions have outpaced those in the rest of the country, with a 30% increase to £182,000 since 2018, according to Registers of Scotland. This compares to a 23% rise on the mainland, where the median now stands at £185,000, its report states.

TSPC has announced it will hold a free event highlighting the benefits and process of buying a new build home. The event will be held on Thursday 29 August 2024 from 5:30-6.30pm, with local mortgage advisers, solicitors, and housebuilders sharing guidance on all aspects of buying a new property

The proportion of Scottish homeowners who have paid off their mortgage has risen significantly over the past decade, according to the 2022 census. The census report revealed that 851,100 households now own their homes outright, a 28.8% increase from 2011. This trend is attributed to Scotland's agein

Scotland's real estate sector attracted £770 million in investments in the first half of 2024, a 4% rise on the 10-year average and a 30% jump from the same period in 2023.

Glasgow has recorded the highest average annual price growth of new build apartments of the UK’s six biggest cities outside London, according to research from global property advisor JLL.