Rettie Property Research Services

Scotland continues to enjoy growth in house prices and rental demand, but what are the causes behind this growth? Karen Turner, Director of Lettings, presents us with some insightful commentary on the property market.

Short holiday lets can bring cash to the city without making locals' lives hell, writes Dr John Boyle

2018 saw the highest number of new housing completions in Scotland post-recession, climbing to over 20,000 units. Delivery has been helped by programmes such as the Building Scotland Fund.

Labour tables the Proposed Fair Rents Bill to reinvigorate the case for rent controls. Build to Rent gains pace in Edinburgh as the "future of the sector" gathers momentum. The rental sector is becoming homes to a widening range of age groups as number of over 55 renting now 12% of PRS households.

We are delighted to publish our review of Land & Buildings Transaction Tax for 2018/19, courtesy of the Rettie research team, Scotland's largest dedicated property research department.

While there is some evidence of a headwind in the market relating to the unknowns of Brexit, Scotland is outperforming wider UK trends and its major centres have many positive drivers underpinning demand.

It is an exciting time for Glasgow. Recent announcements by the likes of Barclays, Drum and MODA have all confirmed major investment in the City Centre, including the first wave of Build to Rent in the city.

When reading the national news headlines, it would be easy to presume that the housing market was weakening on the back of Brexit uncertainty and recessionary fears. However, while there is lacklustre activity and negative sentiment emerging from other locations in the UK, Edinburgh's housing market is remaining comparatively positive...

There has been significant growth of the Scottish Build to Rent (BTR) sector over the last year, as well as the increasing appetite of investors to put their money into Scottish housing. BTR is the provision of purpose-built private rented units by investors and developers. Many housing industry professionals now see it as a key part of the solution to the UK's housing crisis.

Last week, Rettie went to the Marché International des Professionnels d'Immobilier (otherwise known as MIPIM). Held in Cannes, it is the annual international property festival/jamboree/jolly, with your overall view of the event dependent on your level of enthusiasm/knowledge/cynicism.

As MIPIM gets underway in Cannes this week, Rettie will be represented by two of its senior Development Directors, Matthew Benson and Dr John Boyle.

We are delighted to release our latest Lettings Bulletin, courtesy of the Rettie research team, Scotland's largest dedicated property research department.