Edinburgh and Glasgow property prices predicted to surpass UK average

The cost of housing in Edinburgh and Glasgow will increase by 16.5 per cent and 13 per cent respectively by 2023, according to property consultancy firm JLL. This compares with a more moderate growth of 11.5 per cent predicted for Scotland as a whole. Scotland’s house price growth has risen 17 per cent in the…

More than 300 build-to-rent apartments in Glasgow set to start in 2019

Legal & General have exchanged contracts with developer Drum Property Group to start construction work on their first 324 build-to-rent (BTR) apartments in Scotland. Located in Buchanan Wharf waterside regeneration area, which will also be home to the new Northern European hub of Barclays Bank, the City Centre development will consist of two 18 storey…

Edinburgh’s prime property market his its highest annual growth in more than a decade

Recent data from Knight Frank’s Edinburgh City index found that prices in Edinburgh’s top-end property market in 2018 have increased year on year by 10.6% – a spike that’s almost four times faster than the UK average. Property value in Edinburgh Properties valued in the £2 million-plus bracket had the most substantial price growth between…

Civil partnerships for mixed-sex couples receives government support

In a move to provide greater security for unmarried couples and their families, Prime Minister Theresa May has announced that heterosexual couples in England and Wales will be able to choose between a civil partnership and marriage. The proposed change follows a Supreme Court ruling, in which a heterosexual couple won the right to have…

Domestic abuse victims increasingly refused right to stay in the UK

Recent reports have shown that the refusal rate for DVA (Domestic Violence and Abuse) victims applying to stay in the UK has more than doubled between 2012 and 2016 since the government announced their intentions to put in place more measures against illegal immigration. A new rule, enabling immigrants entering the UK on a spousal…

Compulsory Sales Order proposed by Scottish Land Commission

Owners of abandoned buildings and derelict land in Scotland would be forced to sell in an open auction under new proposals from the Scottish Land Commission (SLC). Background This year, the SLC began working with the Scottish Government to develop detailed proposals for a new compulsory sales order (CSO) mechanism. The proposals detail around 11,600…

Upcoming developments within Scottish family law shows greater protection for children and their rights

Earlier this month, First Minister Nicola Sturgeon announced twelve new Bills as part of the Scottish Government’s legislative programme (2018-19). Among these Bills, the new Family Law Bill is expected to make a number of changes to Scottish family law in order to provide further protection for domestic abuse victims in contact or residence cases….

Owning your own home is cheaper than renting throughout the UK

As average rental prices surpass mortgage repayments, potential first-time buyers would be able to save themselves an average of £2,268 per year by purchasing a property rather than renting, according to research undertaken by Santander. How much are homeowners in Scotland saving on average compared to renting? Even though renting has historically been seen as…

Couples Urged to be More Open about Financial Matters

Many couples find it difficult to talk about their financial affairs, including debt levels with each other, new research has revealed. According to the study from Direct Line Life Insurance, 8.3 million (16%) Brits have debts their partner knows nothing about. In fact, over 460,000 people wouldn’t have even started a relationship with their current…