Wednesday, October 28, 2020
UK

Scottish country property market remains price sensitive

The Scottish country house property market remains price sensitive and this has kept a lid on price growth over the last year, according to the latest index.

Overall prices fell by 0.2% between April and June 2017 and they are now 0.9% below where they were a year ago and more than 20% below previous peaks, the data from the Knight Frank prime Scottish index shows.

However, the index report also shows that there has been a 7.6% increase in the number of new buyers registering to purchase Scottish country houses in the first six months of 2017 year on year.

Important:
This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

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