Scotland

Image for Edinburgh property prices rise faster than rest of UK

Edinburgh property prices rise faster than rest of UK

House prices in Edinburgh grew faster than any other British city last year, according to a report by Zoopla into the 20 cities with the fastest growth. Glasgow also had high growth and prices are expected to rise further this year, say experts because of a Brexit bounce based on an improving ...

Image for Scottish house prices projected to rise by nearly 20%

Scottish house prices projected to rise by nearly 20%

The average house price is predicted to be  £35,000 higher in five years as “Brexit and election-related angst” subsides, according to a report. Savills expects average house prices across the UK to lift from £231,000 in 2019 to £266,000 in 2024 – with the north outperforming those in the south. There are ...

Image for Property sells fastest in Scotland, new study shows

Property sells fastest in Scotland, new study shows

Property in the UK is taking almost two weeks longer to sell than last year, now at an average of 114 days nationwide, a new study shows. Homes in Oxford, one of the least affordable cities in the UK, take the longest to sell, staying on the market for an average ...

Image for House prices set to overtake rest of UK in next five years

House prices set to overtake rest of UK in next five years

House price growth in Scotland is poised to outstrip the rest of Britain over the next five years, a report says. Buyers in Edinburgh and Glasgow who pay over the odds for homes in a competitive market are a big driver behind the rising costs. By 2024 the average Scottish home will ...

Image for Scottish house sales skyrocket as London’s plummet after Brexit referendum

Scottish house sales skyrocket as London’s plummet after Brexit referendum

House sales in Scotland are up four per cent since the Brexit referendum - the strongest performance in the UK.   Scottish house sales have increased since the 2016 referendum whilst sales in London and some of its boroughs have decreased by over 30 per cent. House sales in Scotland are up four ...

Image for Savills: Investment in Scottish real estate to reach record high

Savills: Investment in Scottish real estate to reach record high

SCOTLAND has attracted more than £500 million of international capital in the first half of 2019, according to Savills. The latest research by the international real estate advisor shows that 2019 is now on track to become the best ever recorded year for inward investment in commercial real estate in the ...

Image for Scottish house prices rising at faster pace than rest of UK

Scottish house prices rising at faster pace than rest of UK

House prices in Scotland increased ahead of the UK average in the year to June, according to new figures. The average price of a property was £151,891, a rise of 1.3% on the previous June and faster than the UK average of 0.9%, statistics from the House Price Index (HPI) show. It found house ...

Image for Scotland’s property market reaches 11-year high ahead of Brexit

Scotland’s property market reaches 11-year high ahead of Brexit

Scotland’s property market has soared to an 11-year high ahead of Brexit, research indicates. Property transactions worth more than £8 billion were recorded between January and June this year, the best for this six-month period since 2008, according to Aberdein Considine’s quarterly property monitor. High sales in the second quarter, from April ...

Image for Lack of supply fuelling rise in Scottish property prices

Lack of supply fuelling rise in Scottish property prices

Latest Registers of Scotland data shows a 2.6% rise in Scottish house prices in Q2 A continuing fall in the number of properties being put on the market is behind the modest rise in Scottish house prices seen in latest figures, according to a new report. Strutt & Parker’s Scottish Quarterly Residential ...

Image for House prices expected to grow in Scotland throughout year

House prices expected to grow in Scotland throughout year

House prices across Scotland continued to grow last month and industry experts expect that trend to continue throughout the year, according to new figures. The monthly RICS Residential Market Survey shows sales went up from +25% back in June to +45% in July. Respondents to research show 72% more respondents expect house ...