Property Prices and Mortgage Lending Both Rise
Registers of Scotland (RoS) and the Council of Mortgage Lenders (CML) have both published figures revealing recent levels of activity in the housing market, both in Scotland and the UK as a whole. Average Property Prices The figures from RoS were published in the latest UK House Price Index (UK HPI), and show that the […]
House Price Index Reveals Annual Price Rise
House prices across the UK increased by 7.7% on average on an annual basis in September, taking the average property value to £217,888. On a monthly basis, average prices rose by 0.2% compared to August. UK Position These headline figures were published in the latest UK House Price Index, which also revealed a geographical breakdown […]
Scotland’s Most Affordable Commuter Towns
Motherwell, Greenock and Arbroath are Scotland’s most affordable commuter towns, according to new research by Bank of Scotland. The study examined house prices from towns within an hour’s commute of Aberdeen, Edinburgh and Glasgow, and measured them against average earnings, both locally and in relation to the nearest city. In Edinburgh the average house price […]