The average house price in Scotland reached a new record level this summer. At the end of July, the average price stood at £207,877.00. This was up £5,950.00 or 2.9% on June, which is the largest increase in a month for over 6 years.
Raeside Chisholm Solicitors
According to the latest figures from the UK House Price Index, as reported by the Registers of Scotland, Scottish house price growth has continued in July.
We are pleased to advise that we are taking part in the Will Aid Scheme again this November 2021. The Will Aid scheme takes place across the country throughout the month of November and supports ActionAid, Age UK, British Red Cross, Christian Aid, NSPCC, Save the Children, Sightsavers, SCIAF (Scotland) and Trocaire (N. Ireland). Participating solicitors have raised more than £21 million for the Will Aid charities since it launched 32 years ago.
Research from Rightmove has shown that Scotland has now overtaken London as the fasted moving market for homes which cost more than £1,000,000. Analysis shows that these properties in Scotland typically find a buyer within 61 days which is some 25 days quicker than before the pandemic.
Figures recently released have shown that fewer people have been registering a Power of Attorney, amid the pandemic. It appears that lockdown is forcing many people to delay setting up a Power of Attorney and this could certainly cause unnecessary difficulties further down the line.