The Scottish government have announced a new loan available for people who want to build their own homes.
UK house price growth in June slowed to the lowest rate since August 2013. According to the Office for National Statistics (ONS), this slowdown was mainly affected by the falling prices in London, where properties dropped from 0.7% to negative 0.2%. The report shows an average house price growth of 3%, down from 3.5% in May - the lowest annual rate in five years.
Criminals using the UK property market to launder money could face up to five years in prison under the newly proposed legislation.
A new survey of the residential property market has revealed that the number of rental properties in Scotland has fallen even further over the last three months. However, this decrease in supply has been coupled with an increase in demand, which is expected to lead to a sharp rise in costs for tenants.
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.
Much has been written about the difficulties facing first time buyers as they strive to take the first step onto the property ladder, however new research has revealed that homeowners looking to move up to the second rung on the ladder are also experiencing problems.
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.