Real Estate

In October, the average rent on a newly let home rose to £1,204 pcm, passing the £1,200 mark for the first time, costing the average tenant an extra £960 per year in rent compared to last year, according to Hamptons. Average rents passed the £1,100 mark back in September 2021

A new way to market properties for sale has been launched by a collective group of solicitor estate agents and ESPC. Offers being accepted subject to the sale of the buyer’s property is common practice in many property transactions across Scotland. This proposition is brought to market to targ

Proposals for a £120 million development of around 500 homes and a new neighbourhood centre in Polmont will go before Falkirk councillors tomorrow. Hansteen submitted the application for planning permission in principle for the Gilston Park residential-led mixed-used development, which will be

The Scottish housing market outlook remains challenging amid a September fall in market activity, according to the latest RICS UK Residential Market Survey. A concern highlighted by respondents is on the impact of new Scottish Government initiatives will have on the supply of rental properties, pote

Sally Anthony, professional support lawyer at Morton Fraser, discusses the introduction of the Register of Overseas Entities (the ROE) and the implications it has for overseas entities that already own or lease property in Scotland or wish to invest. The Register of Overseas Entities, which was intr

A historic Fife castle been put on the market for £3.5 million just outside Auchtermuchty. Myres Castle, a B-listed property which dates back to the 16th century, is being sold by Savills. It boasts ten ensuite bedrooms, five reception rooms, 45 acres of grounds protected by a high stone wall,

Rightmove has released its monthly house price index figures showing a drop of almost £5,000 for the average asking price.

Savills plc has reported a pre-tax profit of £50.4 million and revenue of just over £1 billion in its interim results. Pre-tax profit has dropped 20% from £63.3m to £50.4m (first six months ending 30 June). Revenue has grown by 11% to £1,037.4m from £932.6m f

UK house prices have continued to grow in July reaching annual growth of 11% in spite of lower affordability amid rising inflation and growing interest rates.

Scottish commercial property enjoyed its best first half of the year for investment volumes since 2018 as the market continued its recovery from the Covid-19 pandemic, according to new analysis from Knight Frank. The independent commercial property consultancy found that £1.2 billion of commer

The office market in Aberdeen has seen a stable recovery, from the effects of the pandemic, in a relatively positive first half. Last quarter with another 60,000 sq. ft. of space has been transacted, according to Knight Frank.

One of Scotland’s scenic hotels, The Drovers Inn at Inverarnan, Loch Lomond has been sold for over £3 million.

New report shows steady growth and consistent demand Glasgow and Edinburgh's office real estate market with slight slow-down in the latter. The report by Real estate group CBRE shows the latest figures on the office markets in Glasgow and Edinburgh during the Q2 of 2022.