Rettie's private sector property research team provides thorough and bespoke analysis, based on reliable and up-to-date information, led by Dr John Boyle, who has over 15 years of experience as a property economist. Our researchers provide the very best market intelligence and work across a broad range of projects locally and nationally.
When we wrote last year about the 2-year-old LBTT (or Land & Buildings Transaction Tax to give its full name), it had emerged as the Scottish Government's problem child, leaking away revenues and causing seizures in the middle to upper ends of the housing market.
There have been some significant shifts in the £1m plus market in Scotland in recent times. We have observed a concentration of such sales in Edinburgh and surrounding areas and new build sales are playing a much bigger role in this market, partly due to the lack of available stock elsewhere.
BTR Gets Moving in Scotland. A number of new BTR schemes have been announced in Scotland, with PLATFORM_ making their first foray into Scotland through the buying of a site in Glasgow and work starting on the Studio Dundee scheme. This increases the total of BTR units operational or in planning in Scotland to nearly 4,000 units.