The latest of our sales bulletins has been released. The findings have come from our carefully researched data courtesy of the Rettie Research Team, Scotland’s largest dedicated property research department.
Key Findings
• Return to growth in the Scottish housing market at the start of the year, with average prices up 2% and transactions up 3%.
• Cash purchases are on the rise and now account for over 40% of property sold by value in the UK.
• The number of mortgage products in the UK are increasing (up 24% year-on-year), with mortgage lending to first time buyers and those re-mortgaging increasing significantly, but lending to home movers is falling.