LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Scottish government urged to resolve ‘unacceptable’ state of housing sector – London Wallet

Mark Helprin by Mark Helprin
March 19, 2024
in Real Estate
Scottish government urged to resolve ‘unacceptable’ state of housing sector – London Wallet
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

The elephants in the room that could trample the Housing Minister’s ambition – London Wallet

What is currently happening in the UK property market? – London Wallet

The goldfish myth: Why we don’t have shorter attention spans, just higher standards – London Wallet



Humza Yousaf

Propertymark is calling on the Scottish government to resolve the country’s ongoing housing emergency.

The news comes as Scottish Labour MSP Mark Griffin urged Scotland’s first minister, Humza Yousaf, to issue a statement on Scotland’s ‘housing emergency’ by the end of this month.

The Scottish government says it plans to invest £400,000 to bring many of the nation’s empty homes back into use, but a number of councils, such as Edinburgh and Glasgow, have already declared a housing emergency, with more expected to potentially follow.

Timothy Douglas, head of policy and campaigns at Propertymark, commented: “Mr Yousaf must listen and then promptly act on what is unwinding across Scotland’s housing sector. It is an unacceptable situation that we are witnessing an increasing number of local councils declaring housing emergencies. The housing budget from the Scottish Government has been cut and Propertymark are concerned that additional local authorities may also turn to calling housing emergencies across Scotland if ongoing concerns are not resolved with urgency.

“Ill-conceived legislation which formed parts of the Cost of Living Bill has proven catastrophic, and Rent Caps have made many landlords extremely cautious regarding investment against a challenging backdrop of higher inflation and interest rates. The proposed transition period within the updated legislation between 1 April 2024 to 1 April 2025 maybe too little too late to support landlords who have already exited the sector or are planning to exit.”

 




Daily news email from EYE

Enter your email below to receive the latest news each morning direct to your inbox.





Source link

Share30Tweet19
Previous Post

Do agents need to learn to value or learn not to overvalue? – London Wallet

Next Post

​Prime London sales values dip in February

Mark Helprin

Mark Helprin

Recommended For You

The elephants in the room that could trample the Housing Minister’s ambition – London Wallet
Real Estate

The elephants in the room that could trample the Housing Minister’s ambition – London Wallet

October 10, 2025
What is currently happening in the UK property market? – London Wallet
Real Estate

What is currently happening in the UK property market? – London Wallet

October 10, 2025
The goldfish myth: Why we don’t have shorter attention spans, just higher standards – London Wallet
Real Estate

The goldfish myth: Why we don’t have shorter attention spans, just higher standards – London Wallet

October 10, 2025
Tories pledge reform of Welsh version of stamp duty – London Wallet
Real Estate

Tories pledge reform of Welsh version of stamp duty – London Wallet

October 10, 2025
Next Post
​Prime London sales values dip in February

​Prime London sales values dip in February

Related News

Bitcoin price breaks from range with drop below K, and options tilt toward BTC bears

Bitcoin price breaks from range with drop below $28K, and options tilt toward BTC bears

August 17, 2023
Rivian and Ford chase Pike’s Peak glory, China’s angry, and pricing news

Rivian and Ford chase Pike’s Peak glory, China’s angry, and pricing news

June 19, 2024
Chevy Equinox EV deliveries kick-off with ,000 model coming soon

Chevy Equinox EV deliveries kick-off with $35,000 model coming soon

May 16, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?