Part 4 of The Housing (Scotland) Act 2014 sets out a provision of regulatory framework for letting agents operating in Scotland, including a mandatory register, ‘fit and proper’ person test, training requirements, code of practice and enforcement through the new First-tier Tribunal. The Code of Practice for letting agents in Scotland, once in force, will cover …
Read more >Bank of Mum and Dad, known for helping young people to get on the property ladder, is a major player in the UK housing market. According to research carried out by insurer Legal & General, parents will be involved in 25% of all mortgage transactions in 2016, helping 305,900 of their grown-up children. The UK …
Read more >Owned by LaSalle Investment Management and managed by Dandara Living, Forbes Place at Stoneywood in Aberdeen is the first build to rent development in Scotland. It features high standard accommodation of 292 fully furnished apartments and townhouses available exclusively for rent. Forbes Place is a part of a much needed response to a housing crisis …
Read more >Port of Leith Housing Association (POLHA) is planning to deliver over 480 new homes, including mid market housing, to Leith and North Edinburgh by 2020. To make this possible, POLHA has secured a unique deal which combines a £10m revolving credit facility (RCF) with Bank of Scotland and a £35m private placement (PP) with Canada …
Read more >Link Group has submitted plans for a £65m investment in Glasgow’s East End which, if approved, will see 550 homes across different tenures including mid market homes. The proposed development is to be built on a 22-acre site of the former Dalmarnock Power Station which was laid empty and derelict for 40 years. Link Group …
Read more >We recently ran a basic poll on the Scottish Referendum with 500 tenants in Scotland’s main cities and it was interesting to see a strong link between voting choice and perceived prospects for home ownership. Around 2/3 of those voting Yes believe their prospects of home ownership would be better in an Independent Scotland and …
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