A “rollercoaster year” for the property market ended in a boom for us here in Scotland, as house prices have increased at a faster rate than any other part of the UK since lockdown began. Data shows that average house prices in Scotland rose by 6.8% between March and September – in England the rise over the same period was 4.9%, in Wales 1.9% and in Northern Ireland 1.6%.
Belief among agents is that the surge is partially as a result of considerable pent up demand in the property department during lockdown and partially because there has been an increase in the number of people looking to swap the city for rural locations with more outdoor space. It appears that everyone was spending so much time in their properties that it made them appreciate what they enjoy and what they would like about where they lived.
If you are looking to move house, or to buy your first property, or even an additional property, the experts in our property team are happy to advise. Contact us by calling 0141 248 3456 or filling out our online enquiry form.