New statistics on Scotland’s Short-Term Lets Licensing Scheme have revealed that local authorities received at least 23,576 applications for a short-term lets licence by the end of December 2023.
Speaking at the Scottish Land & Estates (SLE) annual conference in Edinburgh, SLE chairman Dee Ward welcomed the renewed focus by political leaders on fostering a thriving economy that supports people, jobs, and nature.
The average price of a property in Scotland in March 2024 was £192,000, an increase of 6.7% when compared to the same period last year, the UK House Price Index (HPI) has revealed.
The number of commercial property rent disputes between landlords and occupiers rose for the first time since 2016 as more cases had to be referred a third-party for resolution, according to Knight Frank.
Full-service legal firm Gilson Gray has scooped the title of Best Estate Agency in the 2024 Scottish Business Awards, recognising the service it provides to people buying and selling homes in Edinburgh and Lothians.
Glasgow’s 122 Waterloo Street has been put up for sale by its owner – a client of Knight Frank Investment Management – in what could be one of the biggest deals in the city’s office market during 2024.
An opportunity exists to build on the “continuity of the commitment and policy of Land Reform” that is shared by a majority of Scotland including a majority in the Scottish Parliament, Michael Russell, chair of the Scottish Land Commission has said.
The number of house sales in Scotland fell flat in April, according to the results of the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
The property market across Edinburgh, the Lothians, Fife, and the Borders witnessed a moderate overall rise in average selling prices, though with notable variations among regions.
Aberdeen house prices grew 3% in the first quarter of 2024, while semi-detached properties experienced a quarterly decline of 2.9%, according to a new report.
More landlords predict Scotland will attract the most residential property investment outside of London and the South East in the next three years, according to RSM UK’s Real Estate 360 survey.
Glasgow has the largest imbalance between supply and demand for purpose-built student accommodation in the UK, requiring 22,000 additional beds in order to fulfil requirements, according to Savills.