THE VOICE OF PROP­ERTY

The Herald Magazine - - ETC | SCOTLAND’S HOMES - Beverley Brown

SCOT­LAND is in the throes of a mini hous­ing boom, with an­nual house price growth up by 7.3 per cent in Fe­bru­ary – six times the rate for Eng­land and Wales as a whole, ac­cord­ing to the lat­est Your Move/Aca­data Scot­land House Price In­dex, which puts the av­er­age house price in Scot­land at £182,936.

Growth is heav­ily de­pen­dent on two cities; Ed­in­burgh ac­counts for 28 per cent of the in­crease in prices over the year, and Glas­gow an­other 14 per cent.

Com­ment­ing on the In­dex, Alan Pen­man, busi­ness de­vel­op­ment man­ager for char­tered sur­vey­ors Walker Fraser Steele, says: “Scot­land’s mar­ket grows ever stronger as the rest of the UK weak­ens. But while price growth might be re­turn­ing to the lev­els of the last hous­ing boom, trans­ac­tions re­main well down.”

BIG VIEWING WEEK­END

House hunt­ing this week­end? Slater Hogg & How­i­son and Coun­try­wide is giv­ing buy­ers the op­por­tu­nity to view as many prop­er­ties as pos­si­ble in a short time frame in the an­nual Big Open House week­end. Coun­try­wide is also of­fer­ing the chance to win a £5,000 shop­ping spree with made. com. To qual­ify, en­trants need to take part in the Open House event by ei­ther list­ing their prop­erty for sale with Slater Hogg or Coun­try­wide or by viewing a prop­erty through ei­ther firm over the week­end – en­try is also open to those who in­vite a Slater Hogg or Coun­try­wide for a val­u­a­tion. Check www.prop­er­ty­wide.co.uk/open-house.

IN­NO­VA­TION AWARD

COUNTESSWELLS in Aberdeen­shire has scooped the Res­i­den­tial cat­e­gory in the UK 2018 RICS Awards for ini­tia­tives in land, prop­erty and con­struc­tion. Countesswells is funded by in­no­va­tive means util­is­ing a UK Trea­sury guar­an­tee. Gail Hunter, RICS di­rec­tor in Scot­land, com­ments: “Res­i­dents in Countesswells are be­com­ing mem­bers of the man­age­ment com­pany re­spon­si­ble for main­tain­ing new pub­lic spa­ces and al­low­ing them to own and con­trol the land’s fu­ture use.” Scot­tish cat­e­gory win­ners now go on to com­pete at fi­nals in Lon­don.

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