The housing market has seen an unprecedented change over the past couple of years, but certain indicators now seem to be pointing towards a return to more traditional levels of activity. Rental return A look at average rents makes this point clearly, with rental growth returning to the market after a period of weakening during …
Read more >The Scottish rental sector continues to experience a series of changes that started with the introduction of the Additional Dwelling Supplement and the Scottish Private Rental Tenancy (SPRT) in 2016 and 2017, and has seen subsequent changes to tax relief, the introduction of rent control legislation, and the rise of institutional investment in the BTR …
Read more >The Scottish Government has released their industry consultation, ‘A New Deal For Tenants’, detailing Scotland’s vision to place a stronger tenant and community focus at the forefront of the nation’s housing policy. This additional safeguarding of tenants’ rights is intended to complement the existing ‘Housing to 2040’ strategy for low cost and low carbon housing. …
Read more >The Scottish Build to Rent (BTR) sector is continuing to grow. Its membership organisation, the UK Apartments Association (UKAA), has just launched in Scotland, chaired by Gillian McLees, Director of BTR at Rettie & Co. The UKAA has been working on setting up groups across the UK, with a view to helping local BTR markets …
Read more >Works have begun on Legal & General’s first purpose built apartments for the Scottish Private Rented Sector. Legal & General have provided funds for Drum Property Group to construct two 18 storey towers, consisting of 324 flats within Glasgow’s new Buchanan Wharf waterside regeneration area, one of Scotland’s biggest ever construction projects. The site once …
Read more >Director of Build to Rent at Rettie and Co, Gillian McLees joins Gillian Semmler on Lets Talk for episode 17. McLees discusses the concept of Build to Rent (BTR), the unique features of the developments and why this year in particular can be described as a ‘watershed year’ for the tenure in Scotland. BTR developments …
Read more >
