The Herald Magazine - - etc SCOTLAND’S HOMES - Bev­er­ley Brown

RE­SEARCH un­der­taken by Bank of Scot­land high­lights the fi­nan­cial ad­van­tages of liv­ing out­side of cities such as Glas­gow and Ed­in­burgh and com­mut­ing to work.

For ex­am­ple, a 30-minute com­mute into Ed­in­burgh (from places such as North Ber­wick, Dun­bar, Liv­ingston, Falkirk and Bath­gate) could save home­buy­ers over £80,671 and a 60-minute com­mute £82,088. For Glas­gow, sig­nif­i­cant sav­ings can be had closer still, just 15 min­utes from the city in Pais­ley, where buy­ers can ex­pect to pay £124,319 or 29 per cent less than the av­er­age house in Glas­gow city cen­tre.

In­ter­est­ingly, the bank sin­gles out Greenock in Inverclyde, where the av­er­age house price is £114,108, as the most af­ford­able com­muter town for Glas­gow. Inverclyde also takes in Gourock, Port Glas­gow, In­verkip, Kil­ma­colm and We­myss Bay, which gives com­muters a wide range of life­style op­tions from vil­lages to large towns.

Statis­tics re­veals that for the first time, the num­ber of peo­ple mov­ing to Inverclyde is higher than those leav­ing – and ac­cord­ing to a coun­cil spokesper­son, three City Deal projects at Inch­green and Ocean Ter­mi­nal in Greenock and a po­ten­tial site at In­verkip, will fur­ther pro­mote re­pop­u­la­tion. The coun­cil has re­leased seven ser­viced plots for sale on the edge of Kil­ma­colm, the most sought af­ter lo­ca­tion in Inverclyde. They are priced at of­fers over £99,000, de­tails from Slater Hogg & How­i­son in Bridge of Weir.

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