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Property

Property

“Come to Scotland. Invest in Scotland, and grow your business in Scotland”

The Scottish government has now formally responded on the Barclay Review report, and set out what recommendations they will seek to implement.

While Finance Secretary, Derek Mackay might fall short of satisfying every lobby group, he has recognised that Scotland’s rates systems needs modernised and in doing so, a fair and competitive environment created.  As someone who has previously toiled to praise the Holyrood government, I think they have called this correctly and Derek Mackay should be commended for doing so. 

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Scottish High Street Suffering – Then Let’s Rethink the Plan….

Graeme Bradshaw

The Scottish Retail Consortium recently reported that almost one in ten retail premises in Scotland now lies empty.  Retail footfall in Scotland fell in July and there are a dwindling number of months in any year where any growth at all is evident.
 
Perhaps unexpectedly, shopping centres are faring worst of all.  While the fall seen in Scottish high streets (-0.6% in July) is slightly less arresting it carries on a trend that has been seen over many years.  Significantly, footfall in retail parks saw a healthy increase in the same period.
 
While this i

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LBTT: Beware Intra-Group Transfers

Revenue Scotland have confirmed, in a formal Opinion, that where a parent company has given a lender a pledge over shares in its subsidiary by way of security, this will deny LBTT group relief on any transfers of Scottish property to that subsidiary by the parent.  This reasoning would logically also extend to transfers to that subsidiary from other group companies.  This represents a material difference in the treatment of such Scottish land transactions compared to similar transfers in the rest of the UK under the SDLT regime. 

The discrepancy stems from difference

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Scottish Government Issues Position Statement on Planning Reforms

Emma Dewar

The Scottish Government has published its Position Statement on proposed changes to the Scottish planning system.  This follows the consultation on the Scottish Government’s Places, People and Planning White Paper.

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Late Rent Reviews In Commercial Leases

Laura Hay

In both Scottish and English law, there is case law to support the general rule that time is not of the essence in rent review clauses in commercial leases, unless it is clear from the terms of the lease that the parties intended it to be.

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The Forgotten Schedule Of Condition: Dem-Master Demolition Ltd V Healthcare Environmental Services Limited

In the case of Dem-Master Demolition Limited v Healthcare Environmental Services Limited, the Outer House of the Court of Session considered an interesting question regarding the interpretation of a reference to a schedule of condition in a commercial lease.

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Enjoy The View

John Strachan

We all know how easy it can be to get caught up in the day to day.  To lose sight of the bigger picture.  To forget to take time to recognise and mark our achievements.

At this year’s Homes for Scotland Annual Lunch and Awards, Chief Executive Nicola Barclay used the clever analogy of a favourite family hill walk to illustrate the point. Running the gauntlet of development plan reviews, community consultations, satisfying planning conditions. Cajoling roads officials and utility providers. Satisfying building standards and energy efficiency requirements.

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Housebuilding - Maintaining a Sunny Disposition

Hasn’t the weather been amazing? I can’t quite recall a better period of dry weather since I was locked away studying for my Highers… and that wasn’t yesterday. It definitely puts everyone in a better mood.

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Labouring The Point

The Homes for Scotland Annual Lunch & Awards is just around the corner. Always a high point in the calendar, showcasing the quality of house building in Scotland, it’s a great opportunity to catch up with people in the industry and celebrate their achievements.

The industry recognises that having a talented workforce is just as important for delivering the highest quality of house building as the design and materials involved.  Yet it is an area which is under increasing strain.

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“Don’t hide….because you are that light”

The inspiring words of Herakut that feature high on the mural that covers the façade of Aberdeen’s Indoor Market will keep the memories of the inaugural Nuart Festival fresh in the mind of Aberdonians and visitors to the city. It, and the other fantastic and eye-catching street art painted by international artists throughout the festival, have certainly encouraged many people to see Aberdeen city centre in a new light. No more Grey City.

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