August 20th, 2007 by Tea
First-time buyers of property in Scotland face worsening levels of affordable housing
Edinburgh is the most expensive place in Scotland for first-time home buyers, according to new research. (for more information click here)
August 20th, 2007 by Tea
Eyemouth has seen a massive increase in rural property in Scotland house prices
House prices in the Borders coastal town of Eyemouth have almost doubled over the past three years. (for more information click here)
August 20th, 2007 by Tea
To claim that Scotland has a relatively new real estate market is somewhat misleading because unlike the eastern half of Europe this northern part of Britain never abolished nor tried to abolish the private property. Yet such title makes sense because unlike other parts of Britain and Western Europe Scotland just 10-15 years ago was predominantly a country of tenants with majority of housings owned by local authorities.(for more information click here)
August 20th, 2007 by Tea
Scots giant Dundas & Wilson has bagged a new partner for its real estate Scotland practice north of the border, the firm announced yesterday.
Paul Carter joins the ‘big four’ Scots firm as a partner in the Glasgow office from regional rival Tods Murray, where he was also a partner. (for more information click here)
August 20th, 2007 by Tea
Rural houses for sale in Scotland prices in Aberdeen have risen 27% in a year
Aberdeen has been named as Scotland’s property hotspot for 2006, with the average house price rising by 27%, a new survey has revealed.
The city was the only place in Scotland to feature in the top 20 best performing towns across the UK.(for more information click here)
August 20th, 2007 by Tea
As Aberdeen’s economy is set to increase by 2.1 per cent this year, its office market is expected to follow suit, underlying the city’s position as a major regional office location, according to international and Scottish properties consultancy, Knight Frank, as it launches its annual Aberdeen Office Market Activity Report 2007 today.
Excluding the enormous impact of Aberdeen’s oil and gas industries, the projected growth for the city’s local economy will be driven by the communications, banking and insurance sectors, with banking and insurance already demonstrating an impressive 7.7 per cent increase in 2006. The approval for plans to extend and improve Aberdeen airport will have positive knock-on effects in terms of job creation, rising passenger numbers and the impact on the economy, which will all set the scene for strong growth in the property market. (for more information click here)
August 13th, 2007 by Tea
If you’ve ever been to a dinner party with someone from the United Kingdom, you’re likely to have realised that house prices are often a topic of conversation.
People living in the UK are lucky as there is a vast array of mortgages (house purchase loans) to choose from, so deals are very competitive. On the other hand, house prices have been rocketing, making it difficult for some people to buy the home of their dreams. (for more information click here)
August 1st, 2007 by Tea
It used to be reckoned that the housing market in Scotland followed that of England by about a year. If only things were so easy now. Overall, prices north of the border are on an upward path, but there are marked differences across the country.(for more information click here)
July 30th, 2007 by Tea
COMMERCIAL property prices will flatten following years of growth, making it difficult for some speculative developments to get funding, one of Scotland’s leading industry figures has warned.
Doug Smith, the chairman of CB Richard Ellis Scotland, said one of the longest periods of property price rises had come to an end, ushering in a new set of rules for investors. (for more information click here)
July 30th, 2007 by Tea
LANDLORDS across Scotland have largely held back on hoisting rents despite a run of interest rate hikes that have raised operating costs for many, according to Edinburgh-based letting portal Citylets.
Data from the group, stemming from an analysis of 45,000 properties available for rent across 200 Scottish residential agents, show a rise of just 0.6 per cent over the first quarter of 2007, compared with the same period the year before.(for more information click here)