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Raeside Chisholm Solicitors Blog

Blog and latest news from our solicitors based in Glasgow, Scotland. Call us to find out how we can help you.

Scottish house prices continue to climb

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. 

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19 Hits

Scotland is the fastest moving market for million pound plus homes

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.

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22 Hits

House prices climb at fastest rate since 2004

Figures from the Office for National Statistics show that the annual rate of property inflation in Scotland hit 12% in June – this is the biggest annual raise since November 2004.

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105 Hits

House prices in the Scottish countryside rising at the fastest rate since 2007

Recent research has revealed that house prices in the Scottish countryside have risen at the fastest rate since before the 2008 banking crisis. This analysis has found that there was a 5.5% increase in the three months to June, which the largest quarterly jump since the second quarter of 2007.

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1055 Hits

Scottish house prices resume upward trend in May

Average house prices in Scotland increased by 5.4% between April and May 2021, reversing a 4.1% fall in the previous month, according to provisional statistics from the UK house price index released by Registers of Scotland. The overall average figure of £171,448 was also 12.1% higher than in May 2020, when the market was significantly affected by the first coronavirus lockdown. Across the UK as a whole, the average price of £254,624 was up 0.9% on the previous month and up 10.0% on May 2020. All 32 local authority areas in Scotland showed a year-on-year increase. The largest mainland increase (Orkney and Shetland both saw rises of more than 30%) was in Inverclyde (20.2%), followed by East Dunbartonshire (18.9%), Argyll & Bute (17.8%) and East Renfrewshire (16.4%). The smallest increase was recorded in Angus (1.7%), followed by Moray (2.1%) and City of Aberdeen (2.6%).

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185 Hits

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Latest News

16 September 2021
Estate Agency
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.  The average price of a property in Scotland in July 2021 was £177,166.00.  Not only...
14 September 2021
Legal Services for the Elderly
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, NS...
13 September 2021
Estate Agency
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...
24 August 2021
Legal Services for the Elderly
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 di...
20 August 2021
Estate Agency
Figures from the Office for National Statistics show that the annual rate of property inflation in Scotland hit 12% in June – this is the biggest annual raise since November 2004. Jamie Durham, an economist, commented that “household savings have inc...
22 July 2021
Estate Agency
Recent research has revealed that house prices in the Scottish countryside have risen at the fastest rate since before the 2008 banking crisis. This analysis has found that there was a 5.5% increase in the three months to June, which the largest quar...

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