Scotland's housing market slump 'worst in UK'

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Interest from potential buyers and number of properties on the market were down, the surveyors body said.

Scotland had the weakest figures for new buyer inquiries of any nation or region in the UK

The only region that was weaker for selling instructions was Yorkshire, and the only part of the UK with weaker price growth was London.In the monthly RICS report, comments from agents noted some pockets of activity. "Buyers are paying significant premiums to secure attractive coastal property and we are seeing more interest than ever from southern buyers looking for second homes."One Edinburgh agent said fewer people are making inquiries about properties

 

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KateForbesMSP - no surprises here. Do the right thing and extend the LBTT holiday.

KateForbesMSP Surely an extension to the LBTT?!

Might be something to do with Sturgeon.

sticking it to Nicola. how you must miss Jeremy Corbyn

No point talking like this is a local issue. Australia's real estate is red hot. Prices rocketing. No rentals available because investors have had a gut full of dealing with agents and tenants. Welcome to the new world.

WHERE'S THE COMPASSION THESE DAYS?

Housing slump..houses round here sell within days of going on the market

If everyone is so anti Scotland why not let them go.. oh because the empire is no more, little Englanders

And they got worst drug problems, sub-standard education & standard of living & life expectancy BUT Nicola only focused on ONE obsession & NOTHING is Scottish Gov's fault.

Can they come to an agreement with Bristol? If it has a roof, the Bristololians will buy it

Scotland Housing Market Slump. Welcome to the tsunami of Brexit’s £203+billion deficit & a global pandemic shutting down the economy. But never mind this... SNPbad

Snp decided not to go ahead with extending stamp duty rel and are finishing it in March

Scotland will be a 3rd world country if the SNP gets its way. But the rest of the UK will benefit as won't have to keep supporting them.

hope it drops further...people can get on the housing ladder.... £250k for 1 bed flats in Edinburgh....rediculous

Under Reichsführer Krankie they can’t wait to get out it would seem.

Oh why ? Perhaps Nicola Fishface ?

Natch. SNP

The Scots have been behind their sofas for the last year..what do you expect

So the SNP higher taxation rates is working really well then? It doesn’t even work for the Scot Govt, the tax from the lower LBTT is at record lows. Tax up, take down and a housing market crippled. That’s the SNP. 🙄

But, but, but, aren't Scotland going to be a world power once they attain independence?

It's boring to sit at home alone, looking for someone to spend time with

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