The average price of a property in Scotland in November 2016 was £143,033, according to the latest UK House Price Index. This is an increase of 3.3% on the previous year and an increase of 1.5% when compared to the previous month.
Anderson Bain News & Updates
RICS recently published its housing forecast for 2017, which predicts an average increase of 3% in house prices in the UK over the course of the year.
The Council of Mortgage Lenders (CML) has given an update on mortgage activity by home movers, first-time buyers and remortgagers during the month of October.
A recent report by the Scottish Parliament’s Finance and Constitution Committee has concluded that the country’s transition to the new Land & Buildings Transaction Tax (LBTT) was ‘operationally successful’.
There was a rise in the average price of a property in Scotland in October 2016, taking the average price to £143,131, the latest UK House Price Index (UK HPI) has revealed. This is an increase of 4% over the previous year, and an increase of 1% compared to September 2016.
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