The very strong demand witnessed in Scotland’s housing market since the summer started to ease back in November as the end of the year nears, according to the latest RICS Residential Market Survey. More respondents in Scotland saw the number of newly agreed sales fall last month than saw them
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Demand remained strong in Scotland’s housing market last month, according to the October 2020 RICS Residential Market Survey.
Activity on the Scottish construction sector has fallen for another quarter as businesses grapple with the economic effects of the COVID-19 pandemic, however, workloads have fallen at a reduced rate compared to the previous quarter and expectations for the year ahead have turned positive.
Demand from occupiers and investors for office and retail property in Scotland continued to fall sharply in the third quarter of the year, but there are at least signs that the industrial sector is stablising, according to the Q3 2020 Commercial Property Survey from RICS.
Enquiries, instructions, prices and sales all continued to rise in Scotland during August, according to the Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, as pent up demand and the stamp duty holiday continue to influence the market.
The Scottish Government has pledged to increase investment in infrastructure year on year so that by the end of the next Parliament it will be £1.5 billion higher than last year.
RICS has announced Richard Burnett FRICS, director at Montana Management, as the new chair of the RICS Scotland board. Having served on the Scotland board for several years, Richard Burnett has now taken over as chair from John Edwards FRICS (July 2019 – July 2020). He will continue the focus
The Scottish housing market saw a rebound in interest and activity during July but surveyors remain cautious about the months ahead due to the uncertain economic outlook.
A new land classification of Amberfield would reduce costs for developers and enable SMEs and self/custom builders to generate homes at speed, according to the Royal Institution of Chartered Surveyors (RICS). Amberfield is land that is ready to go, for example brownfield land that does not require w
As the global pandemic continues to take its toll, RICS has said the Scottish Government should enable more offices to be converted to housing as commercial sector demand falls. The call comes as the Q2 2020 RICS Commercial Property Survey results predictably point to a further deterioration in cond
Plans by the UK Government to extend new ‘rights’ to alter or replace buildings across England without the need for planning permission risk adding to the country’s already prevalent health and societal inequalities, the Royal Town Planning Institute (RTPI) has said.
Expectations for activity in the Scottish housing market are improving as more new buyer enquiries are reported by surveyors following lockdown closures.
The Construction Industry Coronavirus Forum (CICV Forum) has submitted a proposed building action plan to the Scottish Government which it claimed would help reopen schools across the country and get children back to lessons safely. The campaigning collective has written to minister for local govern
The Scottish Building Federation (SBF) and the National Federation of Builders (NFB) have announced their support for the Royal Institute of Chartered Surveyors (RICS) scheme aimed at rapidly resolving contractual disputes through collaborative working and early intervention. The onset of the
The Royal Institution of Chartered Surveyors (RICS) has issued new guidance for professionals operating in the residential market in Scotland to help them prepare for carrying out physical inspections on domestic properties.