The Scottish Government has unveiled an arbitration scheme that aims to avoid excessive private rent increases when the current cap regulations come to an end in March.
Property firm Rettie & Co is forecasting Scottish house prices to rise by around 1.5% in 2024, with overall residential property transaction activity increasing to approximately 4.3 per cent.
Scottish property firm, the SRE Group, has announced that intellectual property advisor, Lawrie IP, has agreed to take the final available space at 10 Bothwell Street.
CBRE has forecast a nascent economic recovery in the latter half of 2024, with a more robust rebound expected in 2025, according to its UK Real Estate Market Outlook 2024.
Scotland’s housing market exhibited a complex trend in October 2023, distinguished by a modest annual increase in average house prices, juxtaposed with a monthly decrease and a significant decline in residential sales volumes.
The City of Edinburgh Council has called for all for an emergency Bill to be introduced to the Scottish Parliament to address what it described as “legislative deficiencies” in the regulation of short-term lets (STLs).
Mar Hall Hotel, Golf and Spa Resort, one of Scotland’s most established hotels, has been acquired by Dubai-based Dutco Group, supported by investment and asset management firm, Align Partners.
Shepherd Chartered Surveyors has secured the top spot in commercial property search expert NovaLoca’s annual disposals report for the second year in succession.
Glasgow-based factoring firm Newton Property Management has successfully acquired Morison Walker Property Management, a historic company rooted in Greenock since its inception in the early 19th century.
The rental market in Scotland has seen significant fluctuations over the past year, with the average rental price for newly let properties rising by 12.9%, according to Zoopla’s December report.
Factors Direct, the property factoring company launched earlier this year by Glasgow-headquartered Cairn Group, has acquired Clyde PM, the factoring arm of estate agent Clyde Property, and the Scottish arm of Glasgow-based Nationspaces Developments which operates across all aspects of property management.