Flat growth expected in Scotland

Published on

Prices of homes in Scotland are remaining stable, according to LSL Scotland.

It reported that that average price of property north of the border is £147,448.

Year on year, the house price decline slowed to -1.4% down from -1.5% last month.

Richard Sexton, director of e.surv chartered surveyors, said: “Prices haven’t dropped off a cliff and remain relatively stable. With inflation consistently breaching the 5% barrier

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Barclays cuts 32 rates and unveils market-leading two-year fixes

Barclays has announced a wave of rate reductions across its residential mortgage range, with...

The Leeds bolsters intermediary distribution with two senior hires

Leeds Building Society has appointed two senior corporate account managers. Helen Cawthra and Andy Sykes...

FCA proposes stronger safeguards for BNPL borrowers

Buy now pay later (BNPL) customers are set to gain significant consumer protections under...

The Coventry relaxes stress test to boost borrowing power

Coventry for intermediaries has eased its mortgage stress testing criteria, enabling borrowers to secure...

Assetz Capital drops development finance rates

Assetz Capital has reduced its headline development finance rate for the third time in...

Latest opinions

Rachel Reeves rolls back mortgage rules: return to risk or reasonable reform?

Rachel Reeves is to roll back bureaucratic red tape introduced since the 2008 financial...

Reeves’ reforms are a welcome boost but the housing market must modernise

Rachel Reeves’ announcement marks a clear shift in housing policy, with measures that could...

What is the Protection Claims Charter – and how does it work?

The moment of truth for any insurance product is at point of claim. Insurers have...

Affordability reforms, housing ambition and the uncomfortable PRS truth

Let’s be clear: the FCA’s recent Discussion Paper (DP25/2) isn’t necessarily about buy-to-let lending....

Other news

Barclays cuts 32 rates and unveils market-leading two-year fixes

Barclays has announced a wave of rate reductions across its residential mortgage range, with...

The Leeds bolsters intermediary distribution with two senior hires

Leeds Building Society has appointed two senior corporate account managers. Helen Cawthra and Andy Sykes...

FCA proposes stronger safeguards for BNPL borrowers

Buy now pay later (BNPL) customers are set to gain significant consumer protections under...