Housing sales market rises modestly in Scotland at start of 2017 | Sales Bulletin

The latest of our sales bulletins has been released. The findings have come from our carefully researched data courtesy of the Rettie & Co. Research Team, Scotland’s largest dedicated property research department.

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• 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.

About Andrew Meehan

Andrew re-joined the Rettie & Co. Research Team at the start of 2015 having originally worked for the company from 2005 to 2010. Andrew has an MA (Hons) from Edinburgh University and an MSc in...

Andrew Meehan
Associate Director
Edinburgh Read More