The Build to Rent (BTR) sector is growing in Scotland, providing professional managed private rented accommodation funded by institutional funds. There are now close to 17,000 homes operating or in the pipeline across the country. Glasgow provides around half of these homes. Legal & General’s Solasta Riverside scheme at Buchanan Wharf is now fully operational. …
Read more >The rent freeze and accompanying evictions ban was introduced by the Scottish Government in September 2022 under emergency legislation as a measure to help to tackle the cost of living crisis. In effect, the rent freeze was a cap set at 0% for both the social and private rental sectors. From April 1st 2023, the …
Read more >On 29th March 2023 a panel discussion was held by UK Apartment Association (UKAA), focusing on the impact the temporary rent control measures have had on the Scottish rental sector, and possible future solutions that would address the chronic undersupply of homes in Scotland. With the recent election of Humza Yousaf as First Minister, and …
Read more >Episode 68 of Lets Talk features Conservative Shadow Cabinet Secretary for Local Government, Housing and Social Justice, Miles Briggs. Miles talks about his concerns regarding the Cost of Living (Tenant Protection)(Scotland) Act 2022 and how he feels it is actually counterproductive and damaging for tenants in the long run. He also explains why he viewed …
Read more >Build to Rent (BTR) residences are purpose built rental accommodation, mostly funded by institutional investors (such as pension funds), which provide residents with a flexible alternate to the traditional private rented sector (PRS). BTR is fundamentally different to PRS; it is really important that politicians understand the difference when devising legislation targeted at rental property. …
Read more >The need for new homes Homes for Scotland has estimated the need for 25,000 new homes each year to meet current housing demand. Construction on this scale has not been seen since 2007 in the build-up to the global financial crisis, with the 5-year average currently at c. 19,500. During the cost of living crisis, …
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