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Property prices in Scotland rising steadily, latest index shows

The average price of property in Scotland increased by 4.3% year on year in August and by 1.3% month on month, the latest index data shows. This takes the average price of a home to £144,561, according to the data from the Registers of Scotland. This compares to a UK average of £218,964, which was […] The post Property prices in Scotland rising steadily, latest index shows appeared first on PropertyWire . Continue reading

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Hundreds of homes to be demolished for new third runway at Heathrow Airport

Hundreds of home owners will get compensation from the UK Government for 125% of the value of their properties after it was announced that a third runway will be built at Heathrow Airport in London. Parts of some villages will be demolished to make way for the runway which is set to open in 2025 […] The post Hundreds of homes to be demolished for new third runway at Heathrow Airport appeared first on PropertyWire . Continue reading

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Higher stamp duty has had impact on prime regional property in UK

There is now clear evidence that the introduction of much higher rates of stamp duty for homes over £1 million in the UK almost two years ago has created a two speed prime regional housing market. The latest analysis report from real estate firm Savills shows that recent price growth has been dictated more by […] The post Higher stamp duty has had impact on prime regional property in UK appeared first on PropertyWire . Continue reading

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