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Serving clients throughout Scotland
A new study has found that purchasing a property is more cost-effective in almost half of all UK cities with Glasgow owners benefiting the most according to a recent study.
Residential property sales in Scotland reached a record high in the last year according to the Registers of Scotland (RoS).
Glasgow has experienced a whopping 5.9% increase in the value of property in the city since the turn of the year, significantly more than the average rate across the country.
House prices across Scotland rose by £4,300 in June squashing fears that the property market would not respond well following the introduction of a new form of tax.
Glasgow’s properties have hit a record high in recent months with the latest House Price Index seeing values for May in the city surpass the previous high from 2007.
Scottish properties have continued to rise at a similar rate to the growth seen at the end of 2014, with property sales also rising since the beginning of the year.
UK house prices have risen by 12.1% in the year to the end of September according to the Office for National Statistics.
The National association of Estate Agents has commented on how they think the outcome of the Scottish independence referendum will affect the Scottish property market.
Annual property growth has reached a four-year high in Scotland, according to the latest LSL Acadata house price index.
A shortage of homes coming onto the nation’s housing market is seriously hampering growth and pushing prices higher in many parts of the country, according to the RICS January Residential Market Survey.
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