Scotland's average home cost in the past year grew by more than £23,000, reaching £242,213. According to data from the Bank of Scotland, home prices increased nationwide on average by 10.9%.
A group of landlords have chosen to pursue legal advice to decide whether the Scottish Government's recent rent freeze and evection ban breach their human rights.
If you are considering moving home at this time, we understand you might have several questions about the current process. Here, we provide practical guidance for buyers and sellers looking to move during the coronavirus pandemic:
House prices in Scotland reached a new peak in November 2018, with annual house price growth hitting six per cent, according to the latest house price index from YourMove/Acadata. This is compared with both England and Wales which have fallen by one per cent.
A new survey of the residential property market has revealed that the number of rental properties in Scotland has fallen even further over the last three months. However, this decrease in supply has been coupled with an increase in demand, which is expected to lead to a sharp rise in costs for tenants.
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