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.

As our previous blogs have noted, the housing market has boomed since it re-opened last summer after a period of closure because of the Corona virus pandemic. As well as the pent up demand for people wanting to move, there has been a rise in those keen to move up the property ladder. It certainly seems to be the case that many people are seeking to buy larger homes with gardens or are trying to swap living in the city centre for the countryside after having had to spend so much time in their properties during lockdown. This is borne by the latest research which shows in the second quarter of the year the numbers of offers being accepted for rural properties rose by 57% compared with a five year average. 

Whether you are looking to move up the property ladder, downsizing or simply want a change of view, as ever our experts in the property department are happy to assist and you can contact us on 0141 248 3456 or complete our online contact form.