Property News

New Code of Practice for Letting Agents

The end of 2017 saw massive changes in the Scottish private rented sector with the introduction of the new Private Residential Tenancy Agreement which has been received with mixed reviews, depending on whether you are a landlord or a tenant. Read more

Selecting a suitable property for the Aberdeen rental market

The Granite City’s residential property market may not be booming for home sellers – but for those seeking to invest in rental property current conditions can provide excellent opportunities. In order to achieve the maximum return and benefit from any property investment, the correct choice is crucial. Read more

Private Residential Tenancies

The 1st December 2017 will see the launch of the long awaited Private Residential Tenancy (PRT), a “model” tenancy agreement created by the Scottish Government.  

These new tenancy agreements will contain certain mandatory clauses. Read more

The Bank of Mum and Dad

Without doubt, buyers these days are finding it harder than ever to get a mortgage and to make a start on the property ladder. Parents and grandparents are increasingly being called upon to help younger family members buy their first or even second homes. Read more

Well intended but perhaps not the best step to take...?"

House property values have risen across the country over the last 20 – 30 years.  
Whether wanting to help a younger generation climb the property ladder or looking to minimise liability for care home fees, many clients are now contemplating transferring the family home out of their ownership. Read more

All change for Private Rented Tenancies

2017 will see a dramatic change in the legislation governing private residential tenancies in Scotland. Read more

PRIVATE HOUSING (TENANCIES)(SCOTLAND) BILL

The anticipated Private Housing (Tenancies)(Scotland) Bill outlining the proposals for a new tenancy regime in Scotland has now been published.   The Bill outlines a complete reform of the current regime making the biggest change to the Scottish landlord and tenant legislation in over 25 years. Read more

Land and Buildings Tax - Latest Update

Incredibly, it would seem that the Scottish Finance Secretary is on the brink of announcing a revisal to the new bands and rates of the Scottish Government’s Land and Buildings Tax due to come into force on 1st April 2015, replacing the UK stamp duty tax. Read more

Scotland has spoken

What now for the property market?

History was undoubtedly made in the early hours of Friday 19th September 2014 as the results of the independence referendum were revealed. Read more

Financing a student can be an education in itself!

Thousands of young men and women have, over the last few weeks, embarked upon new lives as students across Scotland. Read more
Latest News
Mackinnons Celebrate Newly Qualified Solicitors

Mackinnons are pleased to announce the retention of their Commercial Trainees following their qualification earlier this month. Jasmine Munro and Cameron Milne have both now completed their two-year Traineeships with the firm and accepted positions as newly qualified solicitors within Mackinnons' Commercial Department.

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2023 Property Market Reflections

The fourth quarter statistics from the ASPC for 2023 reflect the challenges our local market has faced over the last year. The quarterly house price change in Aberdeen City and Suburbs is 0.5%, while the annual change is -3.1%. Taken over five years, the index is “marginally positive” at +1.0%.

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