New research by Bank of Scotland has revealed that homeowners in Scotland pay a fifth (20%) of their disposable income towards their mortgage each month. This proportion has almost halved compared to 2007.
Macnairs + Wilson Solicitors Blog & News
A scheme that helps people purchase a new-build home in Scotland without the need for a large deposit is to be extended beyond 2019.
The latest UK Residential Market Survey from the Royal Institution of Chartered Surveyors (RICS) has revealed that housing market activity in Scotland was generally flat in February, as a shortage of properties becoming available for sale continued to result in an increasing number of potential new buyers being thwarted.
Registers of Scotland (RoS) has published an interesting report on properties owned or leased in Scotland by overseas companies and individuals.
The Scottish Government has launched a consultation on first-time buyer relief from Land and Buildings Transaction Tax (LBTT), which it previously announced in the draft Scottish Budget 2018/19.