Polski Dzial Additional help for first time buyers
Following Phillip Hammond’s recent announcement in the budget of a tax break for first-time buyers which could see savings of up to £5,000 for buyers in England it would appear that the Scottish system is being considered ahead of the new budget proposals to be announced in the coming weeks. Responding to queries during First […]
PRIVATE RESIDENTIAL TENANCIES
From 1st December 2017 most of the Private Housing Tenancies (Scotland) Act 2016 will come into force and all private residential tenancies will be subject to the core rights and obligations set out in same. In the main the Act provides improved security of tenure for tenants and streamlines the provisions for starting and ending […]
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). It found that over a quarter of respondents (27%) do not agree that now is a good time to buy a property compared to just 23% who do. Although […]
Aberdeenshire Sees Biggest Rise in Seaside House Prices
The town of Fraserburgh in Aberdeenshire has seen average house prices rise by more than any other seaside town in Scotland over the past ten years, according to new research from Bank of Scotland. In the past decade, the average house price in Fraserburgh has grown by 95%, from £70,255 to £136,889 – significantly exceeding […]
Proximity to a Farmers Market Can Boost House Prices
New research by Zoopla has found that properties located close to a popular farmers market could be worth up to 26% more than the average home in the same county. It appears that living in close proximity to a weekly supply of organic vegetables and artisan bread can come at a price, with properties near […]
UK Property Market Post Brexit Decision
Recent research conducted by Which? Mortgage Advisers has given an interesting insight into the state of the UK property market 100 days after the Brexit decision. According to the researchers, the picture is a positive one, with stable house prices and cheaper mortgage rates on offer to both first-time buyers and remortgagers. Mortgage Availability The […]
Tenant Information Pack
From From 1 May 2013, a landlord will have a legal duty to provide new tenants with a tenant information pack will have to be provided for all new assured and short assured tenancies. This includes the renewal of existing tenancies where the landlord and tenant draw up a new lease. A tenant information pack […]
Dallas McMillan, Solicitors advise Vuitton Family in relation to the sale of Scottish Country Estate
On 6th March 2013, Xavier Louis Vuitton sold Gaick, one of his Scottish Sporting Estates. The sale took the form of the sale of the entire issued share capital of a single property vehicle. Dallas McMillan acted on behalf of Xavier Louis Vuitton. The commercial property team was led by Forbes Leslie, Managing Partner and […]
The Green Deal and its implications for Sellers and Purchasers & Landlords and Tenants
The Green Deal is established by The Energy Act 2011 and applies to Great Britain but not to Northern Ireland. The aim of the Green Deal is to improve the energy efficiency of residential and non-residential properties and enables householders to obtain energy efficiency improvements to their property (whether owned or tenanted) without having to […]
Reform of Stamp Duty Land Tax for Scotland
The Scottish Governments has introduced the Land and Buildings Transaction Tax (Scotland) Bill which is set to replace the current Stamp Duty Land Tax system currently operating in Scotland on land and property transactions. The proposed Land and Buildings Transaction Tax will take effect from April 2015 and will be a more progressive tax structure, […]