Rics

Current lockdown restrictions saw house sellers in Scotland holding off putting their homes up for sale, according to the February 2021 UK Residential Market Survey from RICS.

A VAT cut on home improvement works from 20% to 5% for a temporary five year period would generate an economic stimulus worth £51 billion and create 345,000 new jobs, according to new research published today by the Federation of Master Builders (FMB) and the Royal Institution of Chartered Sur

The Scottish housing market began 2021 on a weaker footing, despite the sector being allowed to remain open during the current lockdown, with Scottish surveyors reporting activity lower than in December, according to the January 2021 Residential Market Survey from RICS.

Workloads in Scottish construction fell at a reduced rate at the end of last year compared to the previous two quarters, assisted by a rise in public housing and infrastructure workloads, according to the RICS Construction and Infrastructure Monitor, Q4 2020.

Activity across the Scottish commercial property sector ended a tumultuous year with industrial demand strengthening while retail and office vacancy rates rose at the strong rates in over a decade, according to the latest market survey from the Royal Institution of Chartered Surveyors (RICS).

The very strong demand witnessed in Scotland’s housing market since the summer started to ease back in November as the end of the year nears, according to the latest RICS Residential Market Survey. More respondents in Scotland saw the number of newly agreed sales fall last month than saw them

Demand remained strong in Scotland’s housing market last month, according to the October 2020 RICS Residential Market Survey.

Activity on the Scottish construction sector has fallen for another quarter as businesses grapple with the economic effects of the COVID-19 pandemic, however, workloads have fallen at a reduced rate compared to the previous quarter and expectations for the year ahead have turned positive.

Demand from occupiers and investors for office and retail property in Scotland continued to fall sharply in the third quarter of the year, but there are at least signs that the industrial sector is stablising, according to the Q3 2020 Commercial Property Survey from RICS.

Enquiries, instructions, prices and sales all continued to rise in Scotland during August, according to the Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, as pent up demand and the stamp duty holiday continue to influence the market.

The Scottish Government has pledged to increase investment in infrastructure year on year so that by the end of the next Parliament it will be £1.5 billion higher than last year.

RICS has announced Richard Burnett FRICS, director at Montana Management, as the new chair of the RICS Scotland board. Having served on the Scotland board for several years, Richard Burnett has now taken over as chair from John Edwards FRICS (July 2019 – July 2020). He will continue the focus

The Scottish housing market saw a rebound in interest and activity during July but surveyors remain cautious about the months ahead due to the uncertain economic outlook. 

A new land classification of Amberfield would reduce costs for developers and enable SMEs and self/custom builders to generate homes at speed, according to the Royal Institution of Chartered Surveyors (RICS). Amberfield is land that is ready to go, for example brownfield land that does not require w

As the global pandemic continues to take its toll, RICS has said the Scottish Government should enable more offices to be converted to housing as commercial sector demand falls. The call comes as the Q2 2020 RICS Commercial Property Survey results predictably point to a further deterioration in cond