Residential development in Scotland is set for five years of growth says JLL

January 31, 2017

News release yesterday 30th January from JLL, UK’s leading property consultancy headlined, ‘Scottish house price and rental growth in the shadow of Brexit’

According to new research by JLL, residential development in Scotland is set for five years of growth with demand for homes continuing to outpace supply.

Neil Chegwidden, JLL residential research said:  “The challenging perception of city centre living in recent years is likely to mean that Edinburgh and Glasgow will lead the Scottish residential market during the uncertainties of the next few years, despite these being perhaps most vulnerable to unfavourable Brexit effects.

“Housebuilders are more pro-development now than they have been for some time. Encouragingly we are now seeing the re-emergence of smaller and mid-sized housebuilders, They are providing stiff competition to the larger and more established Scottish housebuilders who have kept their toes in the market despite tougher market conditions in recent years.

“This is forcing up land values in key locations and creating a more diverse base of developers but the battle and scarcity for prime city centre sites is also generating opportunities and desire to develop in peripheral locations.

“All of this is positive for the Scottish residential market moving forward. Let us hope that the political and economic landscape does not undermine the drive towards a more normal and sustainable housing market.”

Read the news release in full including JLL residential forecasts for 2017 – 2021 and comments from Jason Hogg, Director of JLL’s Residential team in Scotland click here

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Estate Agent Talk

Propertymark urges households to check carbon monoxide alarms and heating systems

As temperatures drop and households across the UK rely more heavily on boilers, gas fires, and open flames, Propertymark is urging everyone to take simple steps to protect themselves from the dangers of carbon monoxide (CO), the “silent killer.” Carbon monoxide has no smell, taste, or colour, yet even small amounts can cause a serious…
Read More →
Estate Agent Talk

Autumn Budget 2025: Key advice for homeowners, buyers and landlords

The UK’s Autumn Budget delivered several headline-grabbing policies that will directly shape the future of the housing market. While initial reactions ranged from concern to confusion, property experts say the sector should take a measured, informed view, particularly as many changes won’t take effect for several years. From understanding who is going to face implications,…
Read More →
Estate Agent Talk

Choosing the Right Apartment Size in Centennial

Finding the right apartment size is one of the most important decisions renters make when moving to Centennial. Whether you’re new to the area or relocating within the Denver metro, choosing the correct floor plan can shape everything from your daily comfort to how well the space fits your lifestyle. Many renters begin their search…
Read More →
Breaking News

Top tips to dent curb appeal

Top tips for high-net worth homeowners to dent curb appeal and dodge mansion tax The latest analysis by London lettings and estate agent, Benham and Reeves, has revealed how high net worth homeowners could, in theory, dent the curb appeal of their property in an attempt to mitigate the impact of last week’s Budget announcement,…
Read More →
Breaking News

Half of borrowers want two-year fixed mortgage deals

New data from Moneyfactscompare.co.uk shows that: Nearly half (49%) of borrowers comparing mortgage deals in November 2025 were considering two-year fixed-rate options. This shorter-term deal was favoured by first-time buyers (70%) and remortgage customers (62%), while second-time buyers showed more variation, with 45% leaning towards five-year or longer terms. Despite higher overall mortgage rates, 7% of…
Read More →
new build homes colchester essex
Breaking News

Build to rent completions continue to rise at pace

New analysis from Property Inspect, a leading provider of inspection and compliance technology, reveals that the UK’s build to rent (BTR) sector with over 3,700 new units completed in the last quarter alone, but with the number of units under construction falling -12.5% on the year, is the supply pipeline about to dry up? Property…
Read More →