Recent revelations made news that the original number of 57 private high rise properties in Glasgow that contained combustible cladding may actually be a far higher number of flats that are affected. Glasgow City Council admitted at Holyrood’s local government and communities committee that the number could reach the low hundreds. A month after Grenfell, …
Read more >It looks like rent controls within Scottish cities are imminent. Councillors have just approved a report to be conducted regarding the introduction of Rent Pressure Zones (RPZs) across Glasgow. The Private Housing (Tenancies) (Scotland) Bill due to come in to effect this December, would mean that councils will be able to apply to the Scottish …
Read more >Global real estate firm, Savills, recently carried out research on proportions of people owning and renting across different countries around the developed world. Savills discovered that Switzerland was the only country where more people rent their homes than purchase, with 60% of people renting, closely followed by Germany where almost 50% rent homes. Certain factors …
Read more >Renting appears to be a new trend amongst pensioners. The past decade has seen an increased number of retired people in the private rented sector across the UK, where around one in every 12 tenants is a retiree – a new study by letting agency, Countrywide, has revealed. Pensioners now account for 8% of all …
Read more >Places For People (PfP) are believed to be the first Housing Association to register as a fund manager and has just launched PfP Capital with the aim of raising long term capital for direct investment in housing. The registration with the Financial Code of Authority (FCA) was completed just prior to Christmas and the new …
Read more >Despite all the uncertainty surrounding the UK’s withdrawal from the European Union, the Scottish Private Rented Sector remains resilient and is an attractive destination for large scale investors. Indeed, Scotland’s biggest ever Build To Rent deal worth £215m has been secured and will bring hundreds of new homes in the capital. New Build To Rent …
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