“The Scottish Government is launching a £10m support scheme for tenants who are struggling to pay their rent as a result of the pandemic.” https://www.mortgagestrategy.co.uk/news/scottish-government-launches-tenant-hardship-fund/ read more
Scots face huge council tax rises to fill £500m funding black hole

“It said £500m of additional funding would be needed to help fund Scottish councils as authorities warn they face “devastating” financial black holes.” https://www.heraldscotland.com/news/18706287.scots-face-huge-council-tax-rises-fill-500m-funding-black-hole/ read more
Scottish government launch First Home Fund Scheme that provides up to £25,000 to First Time Buyers

"The Scottish Government’s First Home Fund will provide a total of £150 million until March 2021 to help at least 6,000 people buy their first home." https://www.financialreporter.co.uk/mortgages/scottish-government-launches-150m-first-home-fund.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
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
Mansfield Building Society launches in Scotland.

Mansfield Building Society has launched its residential mortgage proposition - including its prime residential, self-build, retirement interest-only and Versatility products - in Scotland. https://www.financialreporter.co.uk/mortgages/mansfield-bs-launches-in-scotland.html read more