Demand for rental properties continues apace in Scotland’s Private Rental Sector as legislation to control rents in market hotspots continues through Parliament.
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.
A comprehensive global overview of the empirical evidence on rent control policies has found that they produce significantly more negative consequences than benefits.
Given Scotland’s national housing crisis, more needs to be done to fast track planning and new Local Development Plans amid an “alarming” drop in housing completions and new planning consents, says Savills.
Scottish house prices saw a 4.3% year-on-year increase in June 2024, reaching an average of £192,000, and outpacing the UK average growth, according to Registers of Scotland.
LSPIM Dev Co, acting on behalf of a private equity investors, has fully let its Barrhead Retail Park after agreeing terms for the park’s last two units.
The cost of decarbonising Scotland’s homes and buildings could be as much as £130 billion, four times more than the Scottish Government’s official estimate, Scotland’s Just Transition Commission (JTC) has warned.
Detached homes are the most popular among people moving home as buyers seek more privacy and space, according to the latest Lloyds Bank Home Mover Review.