Rettie Property Research Services

We have seen a surge in activity since the lockdown restrictions were lifted in the Summer and this has continued throughout the Autumn market. Demand has been strongest from buyers looking to upsize for space to work from home and for outside space for children.

Scotland's Capital has traditionally been seen as a safe haven for investment in times of economic uncertainty due to its diversified economy, as a home of learning, politics, finance, and science. Under Covid-19 we have seen a strong spike in demand for high quality prime homes in the city...

After lockdown restrictions were lifted we have seen an unprecedented level of market demand. With limited housing supply in the market, sellers have enjoyed highly competitive closing dates with values over home report being consistently achieved. Despite the high levels of activity there remains a strong appetite in the market.

The rise of home working has led many families to now seriously consider moving further from town to gain the outdoors lifestyle and greater living space that previously seemed out of reach.

Glasgow City Centre has seen a sharp increase in activity since the lockdown restrictions were lifted with the greatest demand being concentrated in prime locations and properties.

As we move into the end of 2020, analysis by Rettie has highlighted the significant impacts to the Scottish housing market of the Covid-19 pandemic and how the market has recovered after a collapse following lockdown in the Spring.

Bearsden & Milngavie have long been the go-to destinations for families looking for a high quality of life, open space, good schooling and fantastic amenities. As a result of the lockdown, these qualities have become even more desirable...

Rear our latest detailed report on Land & Building Transaction Tax (LBTT): 2019/2020 was a good year for LBTT in terms of returns and revenue, but due to the impact of the global pandemic on the property market the future is uncertain.

Few people like paying tax but Scots house buyers may be looking across the Border with more than a little jealousy today. Changes announced this week to property tax - Stamp Duty Land Tax in England and Northern Ireland and Land and Buildings Transaction Tax (LBTT) in Scotland - have created an even bigger gap than existed in the amount payable on a house purchase.

Rettie Cos latest BTR Briefing for Scotland shows a rise in the number of operating and pipeline BTR homes to nearly 9,000, up 24 in a year.

Despite the current uncertainty in the Scottish housing market caused by the Covid-19 pandemic, it is important to take an informed view on likely market changes over the next few years.

The future world will likely be analysed in AC and BC terms, or After and Before Covid-19. Social distancing and Government measures have effectively placed much of the residential sales market on-hold. In Newcastle the number of new properties listed for sale in the first week of April has dropped 95% year-on-year.