In 2024, understanding the property price trends in Scotland is crucial for buyers, sellers, and investors navigating the real estate market. This blog explores the factors influencing property prices, regional variations, and future outlooks, providing insights into Scotland’s ever-evolving property landscape. Overview of property price trends in Scotland The Scottish property market in 2024 reflects …
Read more >Scottish councils will soon have additional powers to raise funds by doubling the amount of council tax second homeowners pay, but Propertymark has questioned the effectiveness of this proposal and the Scottish Government’s use of existing taxes collecting from property transactions to help solve the country’s housing crisis. This is partly due to the fact …
Read more >In the current economic climate, the post-pandemic property market in Edinburgh, the Lothians, Fife and the Borders is showing clear signs of slowing, with buyers being more cautious with the prices they are willing to pay to secure their dream home. Between April-June 2023, the average property selling price rose marginally by 0.2% year on …
Read more >The property market in Edinburgh, the Lothians, Fife and the Borders continued strong between October and December 2022, with high interest in home buying and selling, despite the recent political and economic challenges, such as rising interest rates, deepening cost of living crisis and increasing energy bills. Although a slight cooling of the market was …
Read more >From the Bank of England’s base rate hike of 2% to 2.25% since the start of the year, through the mini-budget in September, to the cost of living and energy crisis – the Scottish housing market seems hugely unaffected. Whilst there might be a different property landscape ahead, the market across Edinburgh, the Lothians, Fife …
Read more >The property sales market in Edinburgh, Lothians, Fife and the Borders continued strong between May and July 2022, with the average selling price rising 4.8% year on year (YOY) to £288,993. The highest property price increases of 10.4% YOY were recorded in West Lothian, where the average property sold for £238,171 during May-July 2022. This …
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