Savills

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Property group Savills has upgraded its 2021 UK house price forecasts, predicting a 3% rise in Scottish house prices in 2021. The firm predicted that average UK house prices will rise by 4% over the year, with a 21.1% growth from 2021-25. Prices in Scotland will increase by 22.8% by 2025, it added.

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Properties in Glasgow are selling faster than anywhere else in the UK, according to new research from Savills. Greater Glasgow’s housing market has seen exceptional growth in activity since it reopened in July following a six week Scotland-wide lockdown, with a 44% increase in agreed sales, co

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Sales of £1 million-plus homes have surged across the UK, with two-thirds more deals agreed in the past four months than in the same period last year. Scotland, where the top of the market is now on an upward trajectory, is playing catch up reflecting the late post lockdown re-opening of the m

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The take-up of industrial & logistics space as hit record levels in Scotland in the first half of 2020, according to Savills latest Big Shed Briefing. The occupation of such units reached 704,531 sq ft (65,453 sq m) across four transactions, marking a 165% increase on the long-term half-year ave

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Estate agents across Scotland are forecasting a record month for sales in July, eclipsing the 10,352 properties sold in July 2018. The Bank of Scotland has said it has seen a 75% rise in online mortgage applications in the last week alone, and a 470% spike in people seeking a lending appointment.

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Savills Scottish rural agency team has revealed that Kildrummy Estate in Aberdeenshire has successfully been sold.  The sale of the holding company, at offers of over £11 million, generated a significant level of interest and attracted viewers from the UK and abroad. 

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Savills Planning has welcomed the provisions being put in place by the Scottish Government to keep the wheels of the country’s planning system in motion during the current hiatus caused by coronavirus.  Savills planning team in Scotland has been liaising with the chief planner and his tea

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Savills has said that it is making preparations for owners of Scottish farmland to bring their farms to the market when the time is right. Until the last few weeks, sellers had been ready to commit to the market following the General Election result, and buyers who had previously been frustrated by

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Wemyss House, the well-known office building in the heart of Edinburgh, has traded in a deal worth more than £5 million. The building, which is located at 6-8 Wemyss Place and faces onto Queens Street Gardens in Edinburgh’s historic New Town, has been purchased by an Austrian private fam

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Savills plc, the international real estate advisor, has posted its full year results for the year ended 31 December 2019, hailing a strong year in Scotland. The group's revenue increased by 10% to reach £1.93 billion (2018: £1.76bn), which was driven by a strong performance (+16%) in the

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