Cameron wants more British home-owners

David Cameron has said that he aims to help more people in the UK become home-owners. The government has launched a scheme targeting lenders, encouraging them to offer 95 per cent deposits on new build properties. It is hoped that the scheme will provide a financial ‘cushion’ if a property falls into negative equity.

Homelessness charities praise parliament

By Jack Matthews The Scottish Parliament are today voting on a decision whether to end the right of tenants to buy their council houses in Scotland. The debate over this issue arose after concerns over the cost of keeping such a law in force, as the Right to Buy means that as more tenants buy [...]

Rents Signal Return To Stability In Market

Edinburgh-Skyline

By Lauren Witherspoon Rent levels in Edinburgh may have bottomed out providing confidence to landlords that Scotland’s recently volatile rental market is now on a path to stability, according to latest research by Scotland’s leading letting portal Citylets. The latest Citylets quarterly report, which covers the period July to September 2009, shows that whilst some [...]

Funding Runs Out For Shared Equity Scheme in East of Scotland

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By Lauren Witherspoon The Scottish Government scheme,  LIFT, which allows people on low incomes to buy a shared equity home on the open market have allocated all 2009-20010 funding for the east of Scotland. Link homes operates the scheme in several parts of Scotland. Through the scheme prospective home-owners are able to pay between 60 [...]

Google Street View to ‘Revolutionise Property Indusrty’

Street View has not been without its controversies

by Steven A Kearney Google Street View is just experiencing ‘teething problems’ and has many positive uses, according to one leading figure in the property industry.  The defence of the Street View tool, launched in the UK last week, comes amid significant amounts of publicity questioning the application’s legality and ethical basis. The technology is a [...]

Shelter Christmas Plea – Help the Homeless

A housing charity is launching a UK wide fundraising campaign this Christmas to aid people suffering from the credit crunch. The current economic downturn has resulted in over 460,000 people consulting housing charity Shelter for financial help in the past six months. This has resulted in Shelter running a special Christmas charity plea throughout December, with [...]

Edinburgh Homeless Target Will Not Be Met

By Nicol J. Craig The Scottish Government will now not meet its target of ceasing the practice of local authorities placing homeless in private accommodation by 2012, according to local councillor Gordon Munro. Leith councillor Gordon Munro, who wants more social housing, said: “We’re at the end of 2008 now so we have three years to [...]

Properties

Over 5,000 people, 500 of these registered as homeless, are currently on waiting lists for housing. With property prices within the Scottish Borders increasing rapidly. Housing within the Borders has recently become very difficult to purchase with the ever inflating prices rocketing, otherwise known as the ‘property boom’. This means it is close to impossible [...]

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