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Can a jointly owned property be sold by one owner?

When it comes to jointly owned property in Scotland, there can be a lot of confusion and uncertainty about the rights and responsibilities of each owner. One common question that arises is whether one owner can sell the property without the consent of the other owner. In this comprehensive guide, we will delve into the intricacies of joint ownership in Scotland, exploring the legal framework and providing clarity on the matter.

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Latest Scottish Property News

Property taxes revenue for the Scottish Government has decreased this year, raising questions about whether the considerable drop — £44.4 million in January and February of 2023 — was a seasonal abnormality or a reaction to recent financial uncertainty. According to DJ Alexander, the biggest rental and estate company in Scotland, they believe it is due to the cost of living crisis.

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472 Hits

Scotland raises Additional Dwelling Supllement

The Scottish Government Budget 2023–2024, presented by Deputy First Minister John Swinney, MSP, proposes changes to various devolved taxes to raise additional funds and deliver an increase of £1 billion to support Scotland's NHS and other public services.

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Tips for selling a listed property

Listed properties are often popular as they usually increase in value over time. However, they also tend to coincide with regulations and restrictions. This could mean there are limitations on renovations that can be made to the property.

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417 Hits

First-time buyers account for half of all house purchases in Scotland

There were more than 34,500 first-time buyers in Scotland in 2018; an increase of 56 per cent from the 22,100 recorded a decade ago, according to the latest figures. Up 13 per cent from 2008, first-time buyers now account for 50 per cent of all house purchases with a mortgage, the Bank of Scotland statistics conclude.

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1633 Hits

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