Rent controls and political uncertainty are affecting investor appetite to fund and deliver Build-to-Rent (BtR) homes in Scotland, according to a new report published today by the Scottish Property Federation in association with researchers Rettie & Co.
The current rent freeze introduced by the Scottish Government has resulted in £700 million worth of housing developments being paused or lost entirely, new analysis has revealed. Research from the Scottish Property Federation (SPF) shows that evidence from their members highlighted that since
Tenants' rights minister Patrick Harvie has announced that he intends to cap private sector rents at 3% and that evictions will continue to be prevented for all tenants except in a number of specified circumstances from April.
The enhanced eviction protections currently in place across both the social rented sector and private rented sector (PRS) are to remain in place after the end of March when the rent cap will also continue but only for the PRS, the Scottish Government has announced.
Housing associations have joined letting agents and bodies in expressing fears that the Scottish Government’s rent freeze proposals, which are being introduced to the Scottish Parliament today, will “jeopardise” affordable housebuilding and result in a reduction in the nu
Stephen Lewis, managing director of HFD Property Group, will be appointed as chair of the Scottish Property Federation (SPF) at the organisation’s annual conference in Edinburgh today. Stephen Lewis succeeds Kevin Robertson, managing director of KR Developments, who has chaired the SPF since A
The number of build-to-rent homes completed, under construction or in planning across Scotland rose by 19% in 2021 to 12,793, new analysis has found. The research, which was undertaken by the British Property Federation (BPF) in partnership with Savills, highlighted that the number of build-to-rent
Relief for first-time buyers, which raises the nil rate band for LBTT to £175,000, has been extended, while the ceiling of the nil rate band for residential land and buildings transaction tax (LBTT) will return to £145,000 from April 1, finance secretary Kate Forbes confirmed as part of
Ministers are being urged to go further in its attempts to deliver change to Scotland’s planning system but have also faced calls that last minute amendments to the Planning (Scotland) Bill could “derail” the system altogether.
A plan to boost economic growth within Scotland’s cities through an increase in city-living is benefitting from a surge in build-to-rent led developments, with Glasgow now in the top five cities outside London for the number of homes in planning, under construction and complete. Research publi
David Melhuish A seasonal upturn in property market activity has delivered a £57 million boost to Scottish Government revenues, generating the third highest monthly return since the Land and Buildings Transaction Tax (LBTT) was introduced.
The average decision times for planning applications in Scotland have recorded their quickest annual figures since records began. Local developments, which include applications for changes to individual houses and smaller developments for new housing, were decided within 9 weeks on average in 2017/1