The commercial real estate market in Scotland started 2023 on a sluggish note, with only £250 million worth of transactions, a sharp drop from the five-year quarterly average of £550m, according to a recent report by Colliers.
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Property owners seek cover as inflation prompts surge in requests for reinstatement cost assessments
Hardies Property & Construction Consultants has seen a rise in the number of property owners seeking cover as rampant inflation prompts a surge in the volume of requests it receives for reinstatement cost assessments. With inflation being a hot topic in the national conversation with rising cost
While preparing his late father-in-law's Los Angeles home for renovation, California-based estate agent John Reyes unearthed an astonishing haul of over one million copper pennies hidden in a tight crawlspace.
Scotland's average house price has risen to £187,150 in April 2023, marking a 2.0% rise compared to the same month the previous year, according to provisional data from the UK House Price Index (HPI).
Characterised as “more complicated and expensive”, Scotland's housing market is predicted to see sales decrease by around 15% over the year and average house prices are expected to drop by 5%, according to Rettie & Co.'s Summer Briefing Report.
Real signs of positivity remain in the rural property market despite continued rate rises, according to property consultants Galbraith. David Corrie, head of residential agency at Galbraith, said: “We acknowledge that rate rises can be extremely difficult for many however, they can present an
Scotland's property market is showing signs of resilience amidst widespread affordability concerns, according to the latest report from Landmark Information Group.
Homes for Scotland (HFS) has criticised “shocking” new planning application statistics which revealed a 46% drop in the volume of applications for major housing developments for 2022/23 compared to 2019/20. The official annual and quarterly planning applications statistics, pub
It is a common misconception that Home Reports are not required if you sell your home without the help of an estate agent or solicitor. Peterhead-based surveyor Steven Dale warns this is not the case. Whether Covid is to blame, or whether we are all just becoming resigned to doing everything online,
Real estate advisor CBRE has released its latest figures on the Scottish office market during the second quarter of 2023, showing a shifting landscape.
Building services contractor Arc-Tech (Scotland) has welcomed two new trade apprentices to its business this month.
Peterhead-based surveyor Steven Dale reflects on the noted increase in battery storage at properties with solar panels. Sometimes there are straws in the wind which can make you reassess the way the future of a particular technology or trend is likely to shape up. I have come across some of them rec
Home buyers in Scotland are sharpening their focus on their income long term when shaping the criteria for their first or next home due to the cost-of-living crisis, a new report from Barratt Developments has found.
Glasgow City Council has announced £5.57 million of funding to regenerate five vacant land projects after a report confirmed the continued fall in derelict sites in the city. The fall in derelict and vacant land between 2021 and 2022 was 32 hectares (4% of the total), down to 848 hec
While UK prime house prices experienced a fourth consecutive quarterly dip in the three months to the end of September, with annual falls averaging -5.2%, Scottish prime values remained steadfast, with a minor annual dip of -1.1%.


