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UK house prices were down 2.6% in value during November, representing an annual drop of 14.9% since last year according to new figures from the Halifax.

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The downturn in mortgage lending continued in the third quarter with 15,100 house purchase loans granted in Scotland, an 18% decline from the previous quarter, according to new data from the Council of Mortgage Lenders Scotland.

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New research from the Bank of Scotland shows that residents of the Shetland Islands have the best quality of life in Scotland in 2008.

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NLA Scotland has accused the Scottish Government of failing landlords on the forthcoming introduction of Energy Performance Certificate (EPC) legislation.

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The mortgage market in Scotland has contracted, but is still faring better in the unfavourable conditions affecting the whole of UK, according to new figures from the Council of Mortgage Lenders.

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Commenting on the announcement by Nicola Sturgeon, Scottish Deputy First Minister of a new drive for sustainable communities, Kennedy Foster, CML Scotland policy consultant said:

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Local authorities, and their partners in Scotland, will be encouraged to propose more sustainable communities as part of the solution to meeting housing requirements in their areas.

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The Office of Fair Trading has launched a market study into property management services for common and shared residential property in Scotland.

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New data from the Council of Mortgage Lenders shows that the credit crunch is so far having less of an impact in Scotland than in the rest of the UK.

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The Office of Fair Trading has made a prohibition order against an estate agent in Scotland banning him from estate agency work, having found that he was unfit to carry out estate agency work.

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Scottish house prices are continuing to rise, despite falls in prices in the wider UK market, the Registers of Scotland have revealed.

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