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  • The Law Society of Scotland
0141 620 0800 Existing Clients call: 0141 620 0800

Claphams Solicitors' Blog & News

The latest legal updates and announcements from Claphams Solicitors.

Owning a home is now cheaper than renting in all areas of the UK

Recent research by Santander has revealed that owning your own property is cheaper than renting throughout every part of the UK; with first-time buyers saving an average of £2,268 per year when paying a mortgage rather than rent.

Law of Tenement, The Tenements (Scotland) Act 2004.

The Tenements (Scotland) Act 2004 was introduced to set out the rights and obligations of all individuals living in flats and tenements in Scotland. The new legislation was introduced to replace the old-fashioned common law of the tenement. Under the old-fashioned system, the conditions of maintenance of tenements were usually set out in the title deeds of the property. If this was not the case then the Common Law of tenements applied, meaning an agreement would be required for any repair or maintenance work on share parts of the property.

Desire for Home Ownership Remains Strong

Almost half (48%) of people aged between 25 and 34 who aren’t on the property ladder say they want to own their own home within the next ten years. 

Proximity to a Supermarket Adds Value to Property

Living near a local supermarket can push up your property’s value by £21,500 compared to homes in nearby areas without a supermarket chain. 

Families Fail to Share Important Financial Information

British adults can be secretive about their finances and many don’t even share important pieces of information with close family members, which can be problematic when someone passes away

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