Majority of FTB’s underestimate the cost of home-ownership.

In a survey carried out by Aldermore, 57% of respondents spent more money than intended, 23% lived in an empty house for months after moving in and 13% said it took years to afford to furnish and decorate it the way they wanted. https://www.propertyreporter.co.uk/finance/new-survey-reveals-majority-of-ftbs-underestimate-the-cost-of-homeownership.html read more

Fiduciam expands into Scotland

"Bridging lender Fiduciam has expanded into Scotland and completed its first transaction there, enabling the refinancing of a Glasgow care home." https://www.financialreporter.co.uk/specialist-lending/fiduciam-expands-into-scotland.html friday read more

Scottish Government welcomes 15% increase of new housing supply.

This is the sixth consecutive annual increase in the total housing supply with Housing Minister Kevin Stewart adding: “We want to ensure everyone has a warm affordable home and these figures show we are on target to reach delivering 50,000 affordable homes by 2021.” However, Kevin Stewart fears that Brexit could impact future growth. See below. https://www.scottishhousingnews.com/article/scottish-government-welcomes-15-increase-of-new-housing-supply read more

£30m fund offered to create low-carbon heating infrastructure

The Scottish Low Carbon Heat Funding Invitation has made £30 million available to businesses and organisations for innovative solutions to heat buildings as part of a wider Low Carbon Infrastructure Transition Programme (LCITP). https://www.scottishhousingnews.com/article/30m-low-carbon-funding-to-encourage-renewable-heating read more

Scottish Government pledges £4.5 million in bid to end homelessness.

The plan will ensure that people who become homeless move to a settled home as soon as possible. The government will also give up to £2m to Social Bite, which is working with a range of partners to deliver Housing First Pathfinders in Glasgow, Edinburgh, Dundee, Stirling, Aberdeen and Aberdeenshire. https://www.scottishhousingnews.com/article/4-5m-promised-to-help-end-homelessness-in-scotland read more