Mortgage Market Briefing – May 2020
After weeks of severe lockdown, new government guidance has begun the process of easing restrictions on the UK housing market, allowing for a partial return to normality in May.
Mortgage Market Briefing – February 2020
It has been an encouraging 12 months for the housing market, with prices rising by 0.8% and much of the country returning to growth.
Mortgage Market Briefing – January 2020
2019 had its ups and downs for the mortgage and property markets, but the 2020s have begun on a positive note.
Scotland slow but steady
House prices drop for second month, but still up 4.4% annually. Edinburgh prices up 8.3% in a year. Transactions in Q1 2018 are 11% lower than Q1 2017.
Annual price growth triples England & Wales
Edinburgh house price growth slows but still up 10.6% annually. 29 of 32 local authorities show annual growth. Average house price is up by more than £10,000 in a year. Dumfries and Galloway up 12.3% annually.
Positive growth in house prices in Scotland
Average house price now stands at £183,994 – up by £11,800 over last year. Lothians, Edinburgh and surrounding areas contribute significantly to 6.9% annual growth in house prices in April.
Ever faster: House prices now growing 7.7% annually in Scotland
Scottish house price increases leave England, Wales and Northern Ireland standing. Affordability still the main driver of growth. Edinburgh powers growth with 14.5% average annual increase.
Annual house price growth in Scotland soars to 7.3%
Price growth in Scotland leaves England and Wales standing. New peak average prices in ten of 32 local authorities. 28 of 32 local authorities see prices rise on annual basis.
Annual house price growth in Scotland surges
5.9% annual rate dwarfs England and Wales’ growth of 0.7%. New peak average prices set in nine of 32 local authorities. Biggest monthly increase in over a decade at 1.6%.