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 increased significantly for many during the pandemic, enabling buyers to put more towards a deposit, increasing the price they can afford”.
Whether you are looking to buy with a large or small deposit, our conveyancing experts are happy to assist and you can contact us on 0141 248 3456 or through our online contact form.