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Glasgow Solicitors Blog from The GLP

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Firstbuy Scheme, Glasgow Conveyancing Solicitors and Glasgow Conveyancing Lawyers

Are you a First Time Buyer? Buying a new house or flat? Our Glasgow Law Practice conveyancing lawyers and conveyancing solicitors in Glasgow note the introduction of a Government scheme to assist first time buyers, the Firstbuy Scheme.

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26102 Hits

Overseas buyers investing in Scotland properties

Over 24,000 properties in Scotland are owned by individuals and companies based overseas, with American owners representing the largest group of buyers based abroad. Research from the Registrars of Scotland shows that those based in Hong Kong and the United Arab Emirates are the next biggest overseas buyers.

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2457 Hits

Ownership of second homes in Scotland halves

The number of second homes in Scotland has nearly halved in the last six years, according to recent figures. Those involved in the Scottish property market are suggesting that higher taxes on additional properties and general economic uncertainty have combined to reduce demand, with the total number of properties listed officially as second homes down from more than 40,000 in 2012 to less than 25,000 in 2018.

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897 Hits

What are Scotland's most and least affordable cities?

The average house price in Scottish cities has increased by 3.7 per cent in a year, from 2017’s figure of £190,250 to £197,308 in 2018, according to recent research.

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1110 Hits

Scotland's average house prices rise 6%

In the 12 months to November 2018, house prices in Scotland rose by 6%, with the average cost of a home hitting a new peak average of £186,142, according to data from Your Move index.

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1074 Hits

Scotland cities have UK's best and worst annual rental growth

According to buy-to-let lender Landbay, the UK’s annual rental growth is highest in Edinburgh, with the average rent at £1,073, an increase of 4.63% in 2018. Landbay’s national review confirmed that Nottingham closely followed Scotland’s capital with rent rising by 4.62% (£688) in the past year.

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1060 Hits

1,600 Homes Approved for Development in Leith

Edinburgh City Council has approved housing development firm, Forth Ports' plans for a huge 1,600 home development at Western Harbour in Leith after revisions were made to their original design framework.

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1095 Hits

Scottish Government promises £7bn building investment

In her 2018/19 Programme for Scotland, First Minister Nicola Sturgeon has promised £7,000,000,000 worth of investment into new building projects throughout the country.

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944 Hits

Scottish Property Federation Report Demonstrates Big Changes in Commercial Markets

In August, the Scottish Property Federation published its second quarterly report for 2018. The report bears a mixture of good and bad news for commercial property buyers and sellers.

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1014 Hits

New Report Proposes Solution to Scotland's Derelict Property Problem

The Scottish Land Commission published a report in August which suggested that local authorities should be given the power to issue Compulsory Sales Orders (CSOs) to the owners of empty or dilapidated properties. These CSOs could be used to force owners to sell derelict properties at open auction.

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1121 Hits

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