Jun 27, 2017 | Blog, Residential Property
According to March’s edition of the UK House Price Index UK, house prices rose by an average of 4.1% on an annual basis. Residential sales in Scotland rose by 2.0% to 6239 compared to January in the previous year , however this was 25.4% lower than sales during...
May 31, 2017 | Blog, Residential Property
The Scottish Government has recently announced that the price cap on properties eligible for the Help to Buy scheme will remain at £200,000 in 2018/19. The scheme helps eligible householders buy a new build home from a participating builder by contributing up to a...
May 23, 2017 | Blog, Residential Property
The Bank of Mum and Dad apparently is now Britain’s ninth biggest “mortgage lender” putting it on a par with the Yorkshire Building Society. Parents are predicted to lend more than £6.5bn this year to help their children get on the property ladder. This is a 30%...
Apr 26, 2017 | Blog, Commercial Property, Residential Property
Ross Leatham, Partner in our Commercial Property Department explains what an option agreement is and why the parties involved in a land purchase transaction may want one: An option agreement is an agreement between a landowner and a potential developer of the...
Mar 19, 2017 | Blog, Residential Property
Two separate organisations representing the interests of older people have called for a “revolution” in the provision of housing to better meet the needs of those in retirement. Saga has called on the Chancellor to introduce a Stamp Duty (in Scotland Land Building...
Mar 1, 2017 | Blog, Residential Property
At the moment less than 30% of land in Scotland is registered in the Land Register of Scotland which is a digital map- based Register. The remainder of land is still recorded in the General Register of Sasines which is a Register of historic deeds. The Scottish...