The latest quarterly housing statistics reported that 8,767 affordable homes were delivered throughout Scotland for the year up to September 2018; a 21% increase on the 7,271 completions during 2017.
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Macnairs + Wilson Solicitors Blog & News
The latest legal news, blogs and announcements from Macnairs + Wilson.
According to the latest UK House Price Index for August 2018, the average price of houses in Scotland was £153,309 - 4.1% higher than in the same month last year. Despite the average UK house price also increasing - up 3.2% in the year to August 2018 - the report highlighted that property prices in Scotland are growing at a slightly faster rate.
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The Scottish government have announced a new loan available for people who want to build their own homes.
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A highly criticised aspect of Scottish Land Law which governs burdens affecting property should be replaced to resolve its uncertainties, according to the Faculty of Advocates, but they have suggested it will not be an easy undertaking.
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Property prices in Scotland are rising steadily while the volume of sales declines, according to new data from the Registers of Scotland - albeit, at a slower rate compared to the rest of the UK.
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