The average rent for a property in the UK increased by just 0.96% in 2018 but the lettings markets in Scotland and Wales are stronger, the latest index report shows.
Average rents increase by 0.4% in the 12 months to November 2018 in Scotland, taking the average private sector rent to £574 per month, the latest Your Move index shows.
The average price of a property in Scotland increased by 4.4% in the 12 months to October 2018 to £151,508, the latest official figures to be published shows.
There will be no increase in fees for home buyers in Scotland in 2019, it has been confirmed.
Glasgow has taken action against the rise in the number of flats in residential blocks being let out on a short term basis, including Airbnb.
Tax changes announced by the Scottish Government could reduce investment by landlords and exacerbate the country’s housing crisis, it is claimed.
Four of the top 10 house price losers are Greater London authorities while Scotland and Wales are amongst the winners, according to new research.
Prices in Edinburgh’s prime property market increased year on year by 10.6% in 2018, the highest level of annual growth for more than a decade, the latest analysis shows.
Edinburgh has been identified as having the UK’s fastest annual rental growth with the average rent rising by 4.63% in 2018 to £1,073, new research shows.
Some 80,000 affordable homes have been built in Scotland 2007, with 8,767 delivered in the 12 months to September 2018, a year on year rise of 21%, official figures show
Buccleuch Estates will sell 3,600ha of forestry and agricultural land on its Borders Estate in Dumfries and Galloway on the open market.
Plenty of farmland in Scotland has hit the market after a slow first half of the year. Wet weather in the spring put paid to plans for several launches of farms that are now being advertised.
Scottish farms are finally entering the market after poor spring weather delayed photographs and marketing plans in the first four months of the year.
The Scottish Land Commission is developing proposals to give local authorities compulsory sale powers for derelict buildings and vacant land.
The Scottish housing market, in general, has been aided by a United Kingdom economy that is performing a little better than expected and by very low interest rates, said Ran Morgan, head of the Scottish residential department at the real estate agency Knight Frank.
Scotland’s farms have seen a rise in incomes but half still failed to reach a level that would pay family labour the minimum agricultural wage.
An energy company is seeking approval for a huge 40,000 panel, solar park on farmland in Scotland.
Rents in Scotland fell marginally in the final three months of 2017, the latest figures show.
A form of taxation based on land value will affect Scottish landowners, developers, forestry businesses and farmers if implemented.
A Scottish National Party decision to explore the potential for a land value tax could “set alarm bells ringing” among farmers, an opposition MSP has argued in parliamentary questions at Holyrood.
The market for UK hill farms remains healthy but interest is diverse and not purely driven by agriculture.
The value of Scottish holdings continues to be underpinned by the forestry sector – a trend also recognised in Wales, albeit to a lesser extent.
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