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A seasonal upturn in property market activity has delivered a significant boost to Scottish Government revenues, generating the third highest monthly return since the Land and Buildings Transaction Tax (LBTT) was introduced - and a welcome uplift for the Government after figures for April and May f

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Professor Lorne Crerar (left) and Martin Darroch Harper Macleod has marked its 30th year in business by announcing record profits in its most recent financial year – its seventh consecutive year of profit growth.

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David Alexander With the Bank of England looking likely to increase base rates this autumn there are concerns that any increase might cause a fall in the property market, but while the UK property market is slowing, a crash is unlikely, according to Edinburgh-based property management firm DJ Alexan

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Scottish shoppers bought 0.3 per cent more between April and June than they did in the previous three months, according to Scottish government figures.

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The Scottish national average rent edged upwards in the second quarter of 2018 to a record high of £799 per month, up a modest 1.3 per cent year-on-year (YOY), amidst continued demand for larger properties which saw 4 bed properties rise 3.3 per cent.

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The regeneration of Leith continues to go from strength-to-strength, new property transaction figures have shown, with the first half of 2018 seeing transactions in the area totalling 18,500 sq. ft, with a further 35,000 sq. ft. of space under offer.

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Sir Richard Branson and Virgin Money CEO Jayne-Anne Gadhia Virgin Money, which is headquartered in Newcastle but employs 200 at its Edinburgh hub in the capital’s St Andrew Square, has reported a better-than expected rise in profits ahead of its merger with with CYBG.

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The number of people moving home in Scotland has returned to levels seen in 2016 following a brief growth spell last year, with only 15,300 current homeowners moving home in the first half of 2018 according to Bank of Scotland’s Homemover Review.

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While the Royal Institute of Chartered Surveyors (RICS) latest survey published last week reported that properties are taking longer to sell due to the “uninspiring” UK housing market, Scottish estate agents have now stressed this trend is not representative of the market north of the border.

5101-5115 of 7738 Articles
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