Prices Across Scotland and the UK Rising The latest figures released by Registers of Scotland indicate that the average price of a property in Scotland in June 2017 was £144,253, representing an increase of 2.9% on June 2016. Commenting on this increase, Registers of Scotland’s Business Development and Information Director, Kenny Crawford, said: “Average prices…

The past month has seen a variety of conflicting reports in the Press about property prices ranging from ‘Experts say house prices could plummet by 40 PER CENT in crash similar to 1990s’ to articles about house price rises causing a lack of affordability for buyers. In the face of such varied reporting, here is…

Scottish property market shows resilience as house price growth and sales fall across the rest of the UK This month, the BBC and various other news outlets reported the latest Halifax House Price Index which showed an easing in the growth of property prices across the UK as a whole, with year-on-year house price increases…

The UK General Election results are in and we have a ‘hung parliament’, with no one party being able to form a majority government for the second time in seven years. So, is the General Election result likely to be good or bad for the Scottish property market? Ultimately, whether it’s a majority coalition, a…

A recent report published by Legal & General showed that the so-called ‘Bank of Mum and Dad (BOMAD)’ will finance 26 per cent of all mortgages in the UK in 2017, placing it in the Top 10 of the UK’s top lenders. With mortgage approvals reportedly having dipped for the second month in a row,…

Property Prices Rise as Sellers Market Continues Continuing the trends that we have seen so far in 2017, the latest reports published by ESPC show that the price of property throughout East Central Scotland is continuing to rise and that selling times are continuing to fall. The most recent statistics show that the average price…