Given Scotland’s national housing crisis, more needs to be done to fast track planning and new Local Development Plans amid an "alarming" drop in housing completions and new planning consents, says Savills. An uptick in new build sales across Scotland is hastening the demand for residential de
Savills
A total of £300 billion is needed to deliver the additional million homes in the Private Rented Sector (PRS) required to meet the future household growth requirements by 2031, Savills has warned. According to the real estate advisor's latest report on the UK Build to Rent (BtR) secto
Scotland's residential development market has seen a positive first half of the year, with a significant increase in viewings and reservations, according to Savills.
Glasgow has the largest imbalance between supply and demand for purpose-built student accommodation (PBSA) in the UK, requiring 22,000 additional beds in order to fulfil requirements, according to Savills. Edinburgh is also experiencing a considerable shortfall needing an additional 17,000 beds to c
The Scottish Government has announced that it will be easing permitted development rights (PDRs) for rooftop solar.
Just 8.5% of private rental homes are likely to be affordable to Universal Credit claimants, despite increases to the amount of housing benefit they can access from next month. Local Housing Allowance will increase from 1 April for the first time since April 2020. Yet Savills research has found the
An extensive mixed-use development site at the gateway to west Edinburgh at Maybury has been purchased by sustainable regeneration specialist Summix. In a deal brokered by Savills for the sellers Saica, with Scarlett Land and Development Ltd acting for the purchasers, the prime 15.5-acre residential
The total value of all homes across the UK now stands at £8.678 trillion, with Scotland showing a 1.3% increase in total value and outperforming the rest of the UK, according to new research by Savills. Faisal Choudhry, head of residential research for Savills in Scotland, said: &ldq
The time required for Build-to-Rent (BtR) planning applications to be determined has significantly increased over the past decade, with 40% of sites achieving detailed planning permission last year taking at least a year to do so, according to the British Property Federation (BPF). Analysis conducte
New research has found approximately a quarter of all luxury new build homes in UK towns and cities are being bought by over 60s.
After a period of exceptional strength, the Scottish development land market slowed over Q4 2022 as wider market uncertainty took hold.
While the finalised version of the National Planning Framework 4 (NPF4) has environmental considerations at its heart, Alastair Wood asks whether it will have the ability to deliver on the Scottish Government’s 2045 net zero ambitions and whether planning will still be able to support the
Construction is commencing on a new neighbourhood in St Andrews where 30% of homes will be affordable. Savills Development completed on the sale of the 17 hectare site to David Wilson homes, just 1.5 miles to the south east of the historic town centre.
The UK Government's plan to extend the Right to Buy (RTB) their home to all housing association tenants in England is a "retrograde step" that could erode the supply of affordable housing, it has been warned.
Westpoint Homes has purchased a city centre residential development site with detailed planning permission for 92 units, just one mile south east of Glasgow City Centre at Old Rutherglen Road in the Gorbals area.