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A man who backed out of an agreement to purchase a home after its price plummeted has been ordered to pay nearly half of the expected sale price.

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Briar Homes has officially started work on its new residential development in Kennoway, Fife, and announced its name: Weavers View. The £40 million project will deliver 123 new homes for sale, alongside 14 homes for social rent on behalf of Fife Council.

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Digital bank OakNorth has advanced an £8.3 million loan to Aberdeen-based property developer Ardent Group to fund a significant holiday accommodation development near St Andrews. The capital will facilitate the development of 21 luxury four-bedroom holiday lodges on a 6.27-acre site at Clashwo

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