Changes to the Additional Dwelling Supplement Legislation
Changes to the Additional Dwelling Supplement Legislation From 1 April 2024, several changes to the Additional Dwelling Supplement (ADS) are taking effect. Transactions with an effective date prior to 1 April 2024 will use the previous rules on ADS. Any transactions with an effective date on or after 1 April 2024 will fall under the new […]
The most affordable seaside homes in Scotland
The West is the ideal region for home buyers seeking a deal on a beachfront property since, according to data from the Bank of Scotland, prices rose by 11% in 2022, faster than the average rate of growth in Britain. The typical cost of a Scottish coastal house is about £182,488. However, Greenock has the […]
Scotland Offers Affordable Seaside Living
Living by the sea is an ambition for many, and new research by Bank of Scotland has revealed that it may not be as unaffordable as some might think. The research found that average property prices by the sea have increased by only £7,980 (6%) over the past five years, which is significantly lower than […]
Aberdeenshire Sees Biggest Rise in Seaside House Prices
The town of Fraserburgh in Aberdeenshire has seen average house prices rise by more than any other seaside town in Scotland over the past ten years, according to new research from Bank of Scotland. In the past decade, the average house price in Fraserburgh has grown by 95%, from £70,255 to £136,889 – significantly exceeding […]
House Prices Rise in Seaside Towns
Owning a house beside the sea is a dream for many people, but this idyllic lifestyle can often come at a premium. “Seaside towns are highly popular places to live, offering sought-after scenery, weather and lifestyle which no doubt come at a price,” commented Martin Ellis, housing economist at Halifax. “They also attract those looking […]