Rics

Scotland’s housing market activity remained strong in September, as buyer enquiries and newly agreed sales rose over the month, according to the latest RICS (Royal Institution of Chartered Surveyors) Residential Market Survey report.

Enquiries, instructions, prices and sales all continued to rise in Scotland during August, according to the Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, as pent up demand and the stamp duty holiday continue to influence the market.

The Scottish housing market saw a rebound in interest and activity during July but surveyors remain cautious about the months ahead due to the uncertain economic outlook. 

Following the reopening of the housing market in England May 13, the May 2020 RICS Residential Market Survey unsurprisingly saw a slight improvement in the outlook for sales over the coming twelve months across the UK as a whole.

RICS has called on the Scottish government for clarity on when the house buying and selling process can restart as it suggested house prices will be 4% lower when the market reopens.

RICS has urged the Scottish Government to re-examine commercial property use classes to aid flexibility of use going forward, as the Q1 2020 RICS Commercial Market Survey results point to a deterioration in market sentiment in Scotland, particularly in retail. Following what appeared

Market confidence in Scotland’s construction sector has fallen sharply with workloads, profit margins and employment anticipated to fall over the coming twelve months.

The Scottish Government has announced new measures to protect business tenants during the current coronavirus pandemic, with the notice period for commercial leases extended from 14 days to 14 weeks. The notice period before a commercial lease can be terminated for non-payment of rent has been exten

Whilst Scottish surveyors were upbeat about the outlook for the housing market before last month, it is now clear that the current lockdown situation will have a significant impact for the rest of the year, according to the March 2020 Residential Market Survey from the Royal Institution of Char

House prices in Scotland rose for the sixth consecutive month, but new buyer enquiries softened after strong growth in January, according to the February 2020 RICS Residential Market Survey.

Increased optimism from buyers has led to a pick-up in sales activity in the Scottish housing market, according to the January 2020 UK Residential Market Survey from the Royal Institution of Chartered Surveyors (RICS).

Expectations for Scottish commercial property during the year ahead have improved following last month’s election result, according to the Q4 2019 RICS Commercial Market Survey. Scottish surveyors, on balance, expect commercial rents and capital values to rise overall in the 12-months ahead, h

An uplift in housebuilding and infrastructure spending is expected to boost Scottish construction activity during 2020 after a quieter end to 2019 saw workloads flatten in Q4, according to surveyors.

The short-term outlook for the Scottish housing market has improved markedly following the General Election result with price and sales expectations for the three months ahead increasing sharply, according to the Royal Institute of Chartered Surveyors (RICS).

House prices in Scotland continued to hold up in November, despite ongoing uncertainty and a subdued picture regarding activity, according to the monthly Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.