Raeside Chisholm Solicitors Blog

According to the March UK House Price Index, house prices in Scotland were firm in the weeks leading up to the Covid19 lockdown.  The average price of a property was £151,856.00 which is an annual increase of 1.5% and 0.4% up on the previous month.

Emergency legislation which is aimed at helping some property buyers is expected to pass through the Scottish Parliament this week. 

The Scottish Government are proposing a loan scheme to provide support for private Landlords covering 100% of the rental income from one property. 

Unfortunately, the closure of courts, to all but essential business, has effectively halted the winding-up of estates for the last month.  The back-log is already substantial and sadly will continue to grow as the tragic Covid-19 death toll increases.  The delays could be even longer for people who have died without leaving a Will.

The Corona Virus pandemic is likely to spark a boom in rural living, with working from home and multi-generational families becoming more common.