There has been a fall in Scotland in the number of sales of houses worth over one million pounds, according to Bank of Scotland. This is in contrast to the rest of Britain, where the number of sales of these properties actually increased.
There has been a fall in Scotland in the number of sales of houses worth over one million pounds, according to Bank of Scotland. This is in contrast to the rest of Britain, where the number of sales of these properties actually increased.
Confidence has returned to the Scottish housing market following the Brexit vote.
The average age of a first-time buyer in the UK is now 30, according to new research from Halifax, but this masks a seven-year age gap among those coming on to the housing ladder.
The average price of a property in Scotland in July 2016 was £143,711, according to the latest UK House Price Index (UK HPI). This equates to an increase of 3.4% on the previous year and an increase of 1.3% compared to June this year.
The value of homes in Great Britain increased by £21.07 a day on average during the first six months of 2016, according to recently published figures.