Residential Property
Moves within the Property Team
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The Partners of Stronachs LLP wish to announce that Carol Crowther will be retiring as a Partner of the Firm with effect from 7 January 2021. Carol has headed the Firm’s estate agency and leasing teams for many years and the partners and staff would like to take the opportunity to wish her all the best for the future.
The Firm is pleased to announce that two new roles within the Firm’s estate agency and leasing teams, Estate Agency Manager and Leasing Manager, will be filled by two long-standing members of staff, Jacqui Dougray and Liane Munro respectively.
Residential Property Market Update : Sept 20
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The last six months have been incredibly challenging for everyone and the impact on the property market has led to modifications in the way the sector operates. Changing guidelines and the obvious importance of health and safety has meant that regular updates on current practices are required.
The latest announcement and guidelines issued by the government week commencing 21 September 2020 in relation to house visits appeared complex and may have caused some confusion. However, the undernoted statement provided by the Scottish government confirms that, in accordance with their new updated guidelines, we are still permitted to visit your property both to prepare marketing information and to carry out accompanied viewings.
Route map out of Covid-19 crisis : Residential Property
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Based on the First Minister’s statement today and the document available on the Scottish Government website entitled “Scotland’s route map through and out of the crisis”, it would appear that consideration will be given to re-opening Scotland’s housing market during Phase 1 of the plan with a view to some restrictions in relation to house moves potentially being lifted in Phase 2.
Extension of the Additional Dwelling Supplement Reclaim Period
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11 May 2020 - Residential Property - ADS further update
In light of the difficulties currently being experienced within the property market as a result of Covid 19, the Scottish Government has announced that it proposes to implement measures in the second Coronavirus Bill to extend the time within which a main residence must be sold in order to claim back the Additional Dwelling Supplement (ADS). The relevant period is to be extended from 18 months to 27 months where the new main residence was purchased between 24 September 2019 and 24 March 2020.
The Implications for Residential Tenancies - Coronavirus (Scotland) Act
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The Coronavirus (Scotland) Act which was passed by the Scottish Parliament on 1st April 2020 and received Royal Assent on Monday 6th April 2020 provides the Scottish government with a range of emergency powers which will have a substantial impact on the property sector throughout Scotland.
Financial Assistance for Landlords
Included in these new measures is the announcement of financial assistance for Landlords who suffer loss as a result of the Coronavirus pandemic.
Covid-19 : Information for House Purchasers and Sellers
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Those in the process of moving home or who are planning to do so in the near future, will doubtless already be aware that sales and purchases of residential property have been severely disrupted as a result of the ongoing Coronavirus pandemic.
What are the main problems?
- Registers of Scotland is closed to new applications
