Following months of upheaval since the disastrous mini-budget last September, Q1 2023 saw an increase in interest rates for the 11th consecutive time, to 4.25%, in a bid to curb rising inflation. Despite this and the deepening cost of living crisis, the property market in Edinburgh, the Lothians, Fife and the Borders continued to perform …
Read more >On 29th March 2023 a panel discussion was held by UK Apartment Association (UKAA), focusing on the impact the temporary rent control measures have had on the Scottish rental sector, and possible future solutions that would address the chronic undersupply of homes in Scotland. With the recent election of Humza Yousaf as First Minister, and …
Read more >Being a property developer is a team game. The backbone of every successful business in the industry is collaboration. While building new homes was originally touted as the best way to beat the housing crisis, naysayers now speak up and believe differently; reclaiming empty buildings is apparently a more promising solution. While the way through …
Read more >New guidance has been issued by the Scottish Government detailing changes to the Repairing Standard that take effect and will be enforceable from 1 March 2024. The full guidance can be found here. In addition to the changes identified below, the guidance details what is expected of landlords in relation to the control of mould …
Read more >As Humza Yousaf is voted in as the new First Minister and a cabinet reshuffle seeing Paul McLennan in a new position as Housing Minister, there are pressing issues within the entire housing and property sector that need to be prioritised as part of the Scottish Government’s new leadership agenda. The new Ministerial post for …
Read more >Investing in rental properties and living off the income they generate in the United Kingdom is an attractive proposition for many people, but is it a realistic goal? In this blog article, we will explore the factors that determine whether you can build a portfolio that can supplement, if not completely replace, a full-time salary. …
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