The Royal Institution of Chartered Surveyors (RICS) has today announced the appointment of Martin Samworth FRICS to chair the new RICS board effective immediately. Martin has experience in real estate and the built environment spanning nearly 40 years, working in the UK and in broad international ro
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The Scottish housing market continues to weaken, with last month bringing another decrease in buyer demand and agreed sales, according to the October 2022 RICS Residential Market Survey. Prices though were still increasing according to respondents. Demand for residential property fell for the sixth
The marked slowdown in the Scottish construction market continued in the latest quarter, with surveyors now pointing to the weakest period of growth since the beginning of last year, according to the RICS Construction & Infrastructure Monitor for Q3 2022. A net balance of +10% of Scottish respon
Occupier and investor demand for commercial property in Scotland fell further, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor. The survey points to a weakening in the market as the prospect of further interest rate rises weigh heavily on the outlo
The built environment’s leading professional bodies have joined forces to align the data standards that are used to manage costing, carbon and building and facilities maintenance, in a bid to clear up confusion and shift the digital focus from new build to whole life building performance. In w
The Scottish housing market outlook remains challenging amid a September fall in market activity, according to the latest RICS UK Residential Market Survey. A concern highlighted by respondents is on the impact of new Scottish Government initiatives will have on the supply of rental properties, pote
The Royal Institution of Chartered Surveyors (RICS) has highlighted the progress being seen in some aspects of the built environment on the drive to be more sustainable but has warned that the rate of advancement needs to accelerate significantly and become more widespread. The 2022 RICS S
Homebuyer enquires in Scotland fell again during August as wider economic challenges impacted further on market conditions, the RICS Residential Market Survey revealed today. The latest results show that house prices in Scotland continued to rise, albeit at a less firm rate, but enquires, sales and
New research from RICS and YouGov has revealed that consumers are now concerned about paying for the cost of living above upgrading their homes. Retrofitting has obvious benefits, such as being able to maintain a constant temperature in the home, as well as increasing the desirability of your proper
Demand for residential housing in Scotland continues to ease, but the lack of supply is still driving house prices up, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey. In July, a net balance of respondents reported a decrease in new buyer enquiries;
The cost-of-living crisis and Bank of England rate hikes have caused a slowdown in the commercial property market in Scotland and the outlook has therefore become more cautious, according to the Royal Institution of Chartered Surveyors (RICS) Commercial Property Survey. Occupier demand for commercia
In a move towards ensuring the built environment is more representative of the society it serves, six leading membership bodies have launched a 45-point action plan to create a more diverse, equitable and inclusive sector. The action plan has been developed by a dedicated working group, with represe
House prices in Scotland are expected to rise amid a fall in buyer demand, according to the latest Residential Market Survey from the Royal Institution of Chartered Surveyors (RICS).
Nine leading experts have today been appointed by the Royal Institution of Charted Surveyors (RICS) to lead the implementation of the Valuation Review recommendations.
Chartered surveyors across the world have highlighted that cost and a lack of skilled professionals are not only hampering workloads but are also holding back the construction sector from progressing in terms of innovation and sustainable practices, detailed in the first RICS Digitalisation in cons