The last time Scotland launched this fund it had £60 million and it was gone in eight days. This time they've got £100 million. Nick and Steven give it two weeks. 🏴In this month's market update, they break down exactly how the £10k First Home Fund works, what the catches are, and why investors should be paying attention too — because when first-time buyers pile into the 80–100k market, it gets competitive fast.That's just one of the stories this month. Gilt rates just hit their highest level since 2008. Scottish rents have dropped annually for the first time in eight years. And a new law coming in April 2027 means one tenant in a joint tenancy can end the lease for everybody — a potential nightmare for HMO landlords.━━━━━━━━━━━━━━━━━━━━━━🕐 TIMESTAMPS━━━━━━━━━━━━━━━━━━━━━━00:00 – Intro & what's coming up this episode01:48 – Rants episode feedback — scarcity selling & FOMO in the market05:30 – The dodgy deal story — unfactored building, hole in the wall, empty property12:21 – Listener email — "Fatty" tells Nick to stop interrupting Steven15:04 – Fuel prices & the macro economy17:26 – CPI inflation came in at 2.8% — lower than expected19:47 – Interest rates & why cuts are off the table21:54 – The 80–100k sweet spot for Scottish BTL right now24:24 – Post-election results — Reform, SNP minority, what it means28:31 – The £10k First Home Fund — how it works & the catches32:16 – Last time this fund launched it was gone in 8 days34:00 – House prices & the Zoopla index38:07 – Average time to sell in Scotland: 15 days, fastest in the UK39:04 – Down valuations — are surveyors getting more cautious?43:01 – Rental market update — Citylets data43:21 – First annual rent drop in 8 years44:49 – City breakdown: Dundee, Aberdeen, Glasgow, Edinburgh46:46 – Rent controls — nothing until late 2027 at the earliest50:36 – Rent adjudication changes — tribunal loophole closing April 202752:12 – Joint tenancy bombshell — one person can end it for everyone━━━━━━━━━━━━━━━━━━━━━━🔑 KEY TOPICS━━━━━━━━━━━━━━━━━━━━━━✅ The £10k First Home Fund — how it works, the equity catch, and how long it'll last✅ Rants episode feedback — scarcity selling, FOMO and deals passed around 15 WhatsApp groups✅ Fuel prices, inflation & why CPI came in lower than expected at 2.8%✅ Interest rates: why three or four cuts this year is now off the table✅ Scottish house prices: Glasgow up 2.9%, Scotland up 2.6%, Aberdeen finally climbing✅ Average time to sell in Scotland — 15 days, fastest in the UK✅ Rental market: first annual rent drop in 8 years — and why Nick thinks it's already bouncing back✅ City rents breakdown: Aberdeen up 1.7%, Glasgow up 0.4%, Edinburgh flat✅ Rent controls update — nothing happening until late 2027 at the earliest✅ The joint tenancy bombshell — one tenant can end the tenancy for everyone from April 2027✅ Why this is a major problem for HMO landlords✅ Rent adjudication changes — the tribunal loophole is closing✅ Down valuations — are surveyors getting more cautious?✅ The 80–100k sweet spot for Scottish BTL investors right now━━━━━━━━━━━━━━━━━━━━━━📅 NETWORKING EVENTS━━━━━━━━━━━━━━━━━━━━━━First Wednesday of every month📍 Aberdeen | Dundee | Edinburgh | GlasgowFollow our socials for speakers and details━━━━━━━━━━━━━━━━━━━━━━🎙️ ABOUT SCOTTISH PROPERTY PODCAST━━━━━━━━━━━━━━━━━━━━━━Real conversations about Scottish property. No fluff — market updates, legislation changes, and honest investor chat every month.🔔 Subscribe so you never miss a market update👍 Like if you found this valuable💬 Do you think the fund will be gone in days again? Drop it in the comments 👇
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