Dallas McMillan's Glasgow Lawyers' Blog

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RoS Launches New Register for Community Body Applications

Registers of Scotland (RoS) has launched a new register that will record all applications of community bodies to buy land or property that is abandoned, neglected or causing harm to the environmental wellbeing of the community, where the owner is not willing to sell that land. 

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Value of the Scottish Housing Market

The total value of the residential sales market in Scotland from 2007-08 to 2017-18 was £161.3 billion, according to the latest Property Market Report from Registers of Scotland. 

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Extension to Scotland’s Help to Buy Scheme

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. 

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Rise in Multiple Property Ownership

There has been a sharp rise in the proportion of adults owning more than one property in the UK, according to new research by the Resolution Foundation.

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Housing Market Activity Picks Up in Scotland

Average house prices in Scotland reached £146,354 in August this year, which is a rise of 3.9% over August 2016 but a fall of 0.7% compared to July 2017.

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1654 Hits
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Research Reveals How Frequently Brits Move House

New research has looked at the average length of time between house moves for people in Britain.

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Local Factors Influence House Prices

Average house prices in the UK have been on a generally upward trend in recent months, but at a more local level prices can be influenced by many different factors.

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Individual Postcode Areas Buck the National Housing Trend

New analysis by Barclays Mortgages has revealed that while the national housing market shows signs of cooling, individual postcodes around the UK are bucking the trend and experiencing sharper house price growth.

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Value of Privately Owned Housing Stock Reaches New High

New research by Halifax has revealed that the total value of privately owned UK housing stock has surpassed £6 trillion for the first time.  

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Research Reveals Unrealistic House Buying Expectations

New research by Halifax has given an interesting insight into how knowledgeable the next generation of first time buyers are about the house buying process and how realistic they are about getting on the property ladder. 

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3117 Hits
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House Price Trends in 2018 Expected to be Similar to 2017

The latest House Price Index from Halifax has revealed that prices in the final quarter of 2017 (October – December) were 2.7% higher than in the same three months of the previous year. 

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3178 Hits
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Rise in First-Time Buyer Numbers

There was a sharp rise in the number of first-time buyers entering the market in 2017, despite having to put down a deposit that is more than double what was required ten years ago. 

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3622 Hits
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House prices in Scotland continue to grow

Houses prices in Scotland have risen for the fifth month in succession with June boasting an increase of 0.5%, with annual growth rising from 2.9% to 4.6% compared to May, according to latest index figures.

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PRIVATE RESIDENTIAL TENANCIES

 

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Dallas McMillan succesfully complete two property development transactions

Dallas McMillan are pleased to have been involved in two recent developments converting offices into residential flats in the Park area of Glasgow with all properties being sold.

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The Introduction of the "Private Residential Tenancy"

In just a few short weeks, the Private Housing (Tenancies) (Scotland) Act 2016 is set to come into force across Scotland, bringing with it the new “Private Residential Tenancy”. From the 1st of December, the new Private Residential Tenancy will be the only tenancy open for private landlords and tenants in Scotland. Following enforcement of the new Act, the common Short Assured Tenancy, despite its popularity within Scotland's residential letting sector, will no longer be available. It is worth noting that existing Short Assured Tenancies will continue and will not automatically be converted to the new regime.

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Housing Market Confidence Slow to Recover

Consumer confidence in the housing market doesn’t appear to have fully recovered since June’s General Election, according to new research from the Building Societies Association (BSA).

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Mortgage Lending Increases in Scotland

Recently published data from UK Finance has revealed that Scottish home buyers borrowed £2.5bn in the second quarter of this year, which is an increase of 35% quarter-on-quarter and 18% year-on-year.

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Proximity to Premiership Grounds Can Impact House Prices

New research from Halifax has looked at the impact that proximity to the grounds of a Premiership football team can have on house prices.

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Scotland’s Most Expensive Property Locations

Edinburgh is Scotland’s most expensive property location on a per square metre basis at £2,492 compared to the Scottish average of £1,529, new research from Bank of Scotland has revealed.
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