COVID-19 - We are open for business and here to help ->
Call Stirling 01786 235 235
Call Tillicoultry 01259 753 330

watersrule solicitors blog

Welcome to the watersrule solicitors blog. The blog contains general legal news updates and news from our firm. For expert legal advice on any matter please contact our solicitors (Stirling: 01786 235 235; Tillicoultry: 01259 753 330)

Managing commercial rent arrears during the coronavirus pandemic – landlords’ options

COVID-19 has had a significant impact on many businesses, particularly those operating in the hospitality, leisure and retail industries. With income suffering and recovery likely to take some time, rent arrears continues to be an issue for numerous commercial landlords and tenants across Scotland.

Continue reading
  239 Hits
239 Hits

How has COVID-19 affected the property market in Scotland?

It is difficult to think of an area of life that the coronavirus pandemic has not affected. Certainly, every legal service we provide at watersrule Solicitors has been impacted to some extent. In particular, we have seen significant changes happening in the residential property market.

Continue reading
  354 Hits
354 Hits

Scottish house prices fall for first time in 3 years

The latest House Price Index report revealed the average property price in Scotland was £145,762 in February 2019. This was a 3.1 per cent decrease on the previous month and a fall of 0.2 per cent on February of last year (£145,982); the first annual drop in average property price in Scotland since March 2016.

Continue reading
  874 Hits
874 Hits

82 out-of-town retail units let out in 2018, according to recent report

As several major retailers are having to downsize in the current economic climate, new figures suggest budget chains such as Aldi and Lidl are driving an increase in take-up at Scotland’s retail parks.

Continue reading
  849 Hits
849 Hits

£88.9m funding secured for biggest office development in Glasgow

HFD Property Group has secured an £88.9 million development loan to complete the 313,116 sq ft accommodation at 177 Bothwell Street, the final part of the Bothwell Exchange office campus.

Continue reading
  755 Hits
755 Hits

More than £2.5 billion invested into Scottish commercial property during 2018

According to the latest figures from Knight Frank, recent investment into industrial property, office and retail space has now led Scotland’s commercial property sector to have one of its most active years yet, with £2.5 billion worth of investment.

Continue reading
  777 Hits
777 Hits

Scottish Housing Market Picks Up

The latest RICS UK Residential Market Survey has revealed an increase in the supply of Scottish residential properties coming on to the market during April, which is the first increase in three months.

Continue reading
  1376 Hits
1376 Hits

First-Timers Better Off Buying than Renting

An interesting new piece of research by Lloyds Bank has revealed that first-time buyers in the UK are on average £865 (10%) a year better off with their own home compared to those who rent.

Continue reading
  1582 Hits
1582 Hits

Parliament Publishes ‘Additional Homes Supplement’ Legislation

The Scottish Parliament has recently published new legislation that will introduce a supplement on purchases of additional residential properties in Scotland.

Continue reading
  1541 Hits
1541 Hits

Further Funding for Open Market Shared Equity Scheme

The Scottish Government have announced further funding for the Open Market Equity Scheme in the hope that it will provide first-time buyers with more support when getting on the property market.

Continue reading
  1754 Hits
1754 Hits

House Sales Increasing in Scotland

Figures based on September’s property markets showed a minor increase in the number of properties sold with an increase in the number of properties on the market cited as the main reason.

Continue reading
  1748 Hits
1748 Hits

Scottish Property Still Seen as Good Investment

Following the political change and taxation differences, the Scottish property market is seen by many as a recovering market, or one that is a potential risk. However, according to a new analysis report, the Scottish property market remains a solid opportunity for investment.

Continue reading
  1700 Hits
1700 Hits

Views Sought on Letting Agents Code of Practice

The Scottish Government has launched a consultation over proposals to implement a new code of practice for letting agents and the requirement for letting agents to undergo training before they can be added to a register.

Continue reading
  1803 Hits
1803 Hits

Rural Housing Reclassified to Evade LBTT Tax

According to property experts rural homeowners are attempting to reclassify their homes in order to make their properties more appealing to could-be-buyers.

Continue reading
  871 Hits
871 Hits

Scottish Rent At Lower Rate Than Rest of UK

Property in Scotland have increased at a significantly slower rate than the rest of the UK in the last four years according to a survey from Your Move.

Continue reading
  1777 Hits
1777 Hits

Scottish House Values Rise by 3.4%

The value of Scottish properties rose by over 3% in the first period of 2015, continuing on the growth seen in the previous year. The growth was similar to that seen at the end of 2014 according to official statistics.

Continue reading
  1794 Hits
1794 Hits

25% of Home-buyers Would Pay More For Conveyancing

A quarter of all home buyers are willing to pay extra to have a faster conveyancing experience, with figures from a national survey suggesting that conveyancing is considered one of the most stressful experience about buying a property.

Continue reading
  1545 Hits
1545 Hits

Scottish Government to Review Land Tax

The Land and Buildings Transaction Tax proposed by the Scottish Government is to be reviewed following an amendment to the UK stamp duty.

Continue reading
  810 Hits
810 Hits

Scottish Property Boost Before April

Scotland’s prime property market is experiencing a boom before the alternative to Stamp Duty comes into effect in April.

Continue reading
  1579 Hits
1579 Hits

Referendum a Factor in Property Decrease

An expert has blamed the referendum and proposed land reforms for buyers and sellers holding back on buying properties and estates in Scotland.

Continue reading
  1704 Hits
1704 Hits

Land and Buildings Transaction Tax

The Scottish Government has published details of the new Scottish Land and Buildings Transaction Tax (LBTT), which it says will benefit first-time buyers and those at the lower end of the housing market.

Continue reading
  1689 Hits
1689 Hits

How will the Referendum Outcome Affect the Property Market?

The National association of Estate agents has provided some insight on how the “No” vote will affect the property market in Scotland. The Managing Director of National Association of Estate Agents, Mark Hayward said:

Continue reading
  1693 Hits
1693 Hits

Home Buyer Demand Strongest in Scotland

Demand for new homes in Scotland has bucked the UK trend, according to the latest RICS Residential Market Survey, with a net balance of 52% more surveyors seeing a rise in new buyer demand.

Continue reading
  1988 Hits
1988 Hits

House Purchases Based on the Independence Referendum

In recent months, some prospective property buyers have been making their purchases subject to the outcome of the referendum- these provisons are becoming more common as September 18th draws closer, and with the narrowing outcome margins.

Continue reading
  1749 Hits
1749 Hits

Report Published on Improving Scottish Housing Market

The RICS led an independent Scottish Housing Commission which has published its proposals to improve Scotland’s housing market.

Continue reading
  1792 Hits
1792 Hits

Survey Reveals Strong Demand in Scottish Property Market

According to the latest RICS UK Residential Market Survey, house price gains in June remained positive across Scotland, and demand for property continued to grow across the country.



Continue reading
  1875 Hits
1875 Hits

The End of Right to Buy in Scotland

This week saw The Housing (Scotland) Bill being passed by the Scottish Parliament, marking the end of the right to buy social housing in Scotland. It is estimated that this will prevent the sale of 15,000 social houses across the next 10 years.

Continue reading
  1739 Hits
1739 Hits

Improvements in Mortgage Affordability

Mortgages have become more affordable over the last five years, according to new figures from Halifax. This improvement in affordability has been seen all over the UK, with the exception of London and the South East.

Continue reading
  2402 Hits
2402 Hits

Rise in First-Time Buyer Mortgage Activity

New data from the Council of Mortgage Lenders (CML) has revealed an increase in the number of mortgage loans taken out by first-time buyers during April this year.

Continue reading
  1949 Hits
1949 Hits

Sharp Rise in House Purchase Lending

The first quarter of 2014 saw a sharp rise in house purchase lending in Scotland compared to the same period last year, according to new data from the Council of Mortgage Lenders (CML).

Continue reading
  1057 Hits
1057 Hits

Sustained Demand Across the Scottish Housing Market

Demand in the Scottish housing market remained steady during April, with a net balance of 23% of respondents reporting an increase in new buyer enquiries, according to the latest RICS UK Residential Market Survey.

Continue reading
  2343 Hits
2343 Hits

Survey reveals property market in transition

In a recent survey of solicitor estate agents across Scotland by SPC Scotland, eight out of ten solicitors active in the property market apparently forecast a continued rise in sales.

Continue reading
  1930 Hits
1930 Hits

Stirling is the UK’s most affordable city

Stirling has overtaken Londonderry as the UK’s most affordable city, according the latest Affordable Cities Review by Lloyds Bank.

Continue reading
  2453 Hits
2453 Hits

High demand for Help to Buy (Scotland) scheme

Since its launch in September last year, Scotland’s Help to Buy scheme has received over 1200 applications, and has helped more than 200 families successfully gain a mortgage and move into their new homes, the Scottish Government has reported.

Continue reading
  3145 Hits
3145 Hits
Please note that watersrule solicitors ARE NOT registered to provide Legal Aid or other types of Legal Financial Assistance.

Get in touch

We always aim to reply within 24 hours

Please let us know your name.
Please let us know your email address.
Please let us know your phone number.
Please let us know your email subject.
Please let us know your message.

“They were very thorough in their preparation, very realistic in their goals, worked to resolve issues and kept me very well informed.”

Michael, Tillicoultry