Property industry news & blog

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Buoyant Moray residential market

Posted on Tuesday, November 18, 2014

New figures released by Registers of Scotland have shown a resurgent Scottish residential property market with particularly strong figures for Moray. Over the past year the county witnessed an increase in both house prices and volume of sales. The average price of a Moray property increased substantially from £140,650 to £153,560, a jump of 9.2% whilst the value of property sales has risen from £58.6million to £76.4 million since September 2013. These figures were...

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Land and buildings transaction tax to replace the UK stamp duty land tax (SDLT) in 2015

Posted on Monday, October 13, 2014

A new levy on land and building transactions to replace the UK stamp duty land tax (SDLT) was announced last week by the Scottish finance secretary, John Swinney, he claimed that the previous system encouraged tax avoidance, distorted the market and was ultimately outdated. Indeed Registers of Scotland data does show peaks in sales just below SDLT tax thresholds compared to very few sales just above those thresholds. The original percentage band, or ‘slab’ system of SDLT was...

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What the referendum means for property & business in Scotland

Posted on Friday, September 19, 2014

Image by the Laird of Oldham under this Creative Commons licence . Regardless of where the ballot paper was crossed on Thursday, a momentous decision has been made that will have a considerable impact on the Scottish property market. It’s important now to put aside the contentious nature of the referendum, take stock and focus on the positives. Perhaps one of the most beneficial outcomes of the referendum is the lifting of the veil of uncertainty which has impeded the...

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How to help sell your home: Five decorating tips

Posted on Thursday, August 28, 2014

The start of the new school term marks an end to the property market's traditionally quiet season. With the kids now safely back in the classroom, many parents might turn their attention to selling their properties. Autumn is the ideal time to put a house on the market as prospective buyers aren't busy with trying to occupy their little ones, and the weather is still nice enough to showcase the garden to best effect. Of course, enticing those offers isn't as simple as picking...

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Safety in properties - what you need to know as a landlord

Posted on Friday, August 22, 2014

As a landlord, you have a great many responsibilities towards your tenants; from ensuring the taps don't drip to checking that electrical items are in good working order. The landlord's biggest obligation is to guarantee the safety of the property and its inhabitants, something which covers several different areas. Here's what you need to know: Properties must meet the Repairing Standard As stipulated under The Housing (Scotland) Act 2006, landlords must make sure that...

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How did the Commonwealth Games benefit Scotland?

Posted on Tuesday, August 12, 2014

As the last firework fizzled out over Hampden Park last weekend, the Glasgow 2014 Commonwealth Games were brought to a rapturous close. It was an event which naturally courted some controversy, with drug test failures and Usain Bolt's alleged four-letter derisory comments. However, it was nevertheless considered by many as a sporting success, with the home nations taking many accolades back to their respective training grounds. What have been the effects on the host, though? How has...

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How will the independence referendum affect the property market?

Posted on Monday, August 11, 2014

On the 18 September 2014, the long-awaited referendum regarding Scottish independence will see the country's residents (aged 16 and over) finally answer the question: 'Should Scotland remain part of the UK or become an independent country?' The issues surrounding the vote are vast; everything from currency, oil, taxes, property, mortgages and interest rates could be impacted if a Yes vote prevails. In addition, there could even be some notable changes should the No vote acquire...

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Top five office spaces in Scotland

Posted on Friday, July 25, 2014

With all eyes firmly fixated on the Commonwealth Games in Glasgow, it's high time the world recognised Scotland not just as a location for sporting events but also as a business powerhouse in Britain and all over the world. A wide array of firms - from small start-ups to multinational corporations - have bases in Scotland due to the vast amount of office space available. Bustling financial districts and growing businesses are having a major impact in Scotland's major cities; here...

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Three attributes that will sell your home

Posted on Friday, July 25, 2014

There are hundreds of blogs, tonnes of guides and a plethora of advice claiming to tell you how to sell your home successfully. However, none of these seem to take regional preferences into consideration. Here in Scotland, it's not a walk-in wardrobe, parking or a fancy kitchen that buyers are most ardently searching for. Let us share with you the three attributes that will sell your home: Location, location, location In a country as geographically diverse and beautiful as...

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How to spot a great tenant

Posted on Thursday, July 17, 2014

For landlords, getting an organised, reliable and friendly tenant is like finding the holy grail. Unruly tenants can make a landlord's life a living hell while a good tenant can make working in property an simple endeavour - almost! So, if you own a house and are looking to rent it out, finding good tenants is essential. However, stumbling upon the right tenant without putting in any effort is like trying to find a needle in a haystack. As landlords begin their hunt for the right...

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