Archive for the ‘Property News’ Category

After the gloom and doom predictions for Scotland’s prime property market (from £400,000 to £1,000,000) in light of last year’s new Land and Buildings Transaction Tax (LBTT), it appears recovery in this sector, according to Savills’ research, outperformed Scotland’s overall market last year with the highest level of activity since 2007, which Savills puts down […]

Scotland faces ‘an enormous challenge’ to build the homes needed for a growing population, according to new research from UK property consultancy, JLL. In a new report entitled Rising to the Challenge, JLL warns Scotland is not building enough homes to meet either current demand or the Scottish Government’s current recommended targets for homes, with latest […]

A street in Edinburgh has been revealed as Scotland’s millionaire’s row, with an average house price of just over £1.3 million. Northumberland Street, in the heart of the New Town, is home to the most expensive collection of property in Scotland, according to new figures from the Bank of Scotland. The capital, which has long […]

Developers have submitted plans for a £700 million new district which will see a business gateway built with homes, offices and shops. Work on the new district for the west of Edinburgh could begin as early as 2017 if approval is granted by city council planners. The proposed International Business Gateway (IBG) would include a mix of […]

The often windswept West Kilbride has now also beaten off hundreds of other communities to be named Britain’s best village high street. West Kilbride battoned the challenge of Brigg, North Lincolnshire and Twyford, Berkshire to be awarded the accolade at a ceremony at Admiralty House in London earlier today. A record number of 230 high […]

First-time home buyers who plough their money into a new ISA scheme will benefit from interest rates as high as four per cent. From Tuesday, first-time buyers saving for a deposit will be able to put up to £200 a month in a dedicated ISA that the Government will top up by 25per cent – […]

From 1st December 2015, private landlords in Scotland must ensure that an electrical safety inspection of their property is carried out by a registered electrician, at least every 5 years. The changes are as a result of amendments to the Housing (Scotland) Act 2014, making it a requirement for landlords to comply with new legislation. […]

A new £45million luxury development in Glasgow’s West End has created around 200 jobs for the city. The Botanics is the first significant ‘high end’ development in the area for years and will occupy the site of the former BBC buildings off Queen Margaret Drive. The developer, David Wilson Homes, said there has been “significant” […]

Two Scottish cities have been ranked among the top five in the UK to live and work for a fourth consecutive year. Aberdeen and Edinburgh have been ranked in third and fifth place in an evaluation that rates cities in terms of jobs, health, income and skills, work-life balance, house affordability, travel-to-work times, income equality […]

THE number of homes sold in Scotland has reached its highest level since the crash in the housing market brought about by the economic downturn. Official figures show that sales grew by 6 per cent between July and September, the largest amount of growth since 2008. The total value of homes being sold also hit […]

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