Scottish country house market ‘continues apace’

The market for houses in the Scottish countryside has continued to expand over the last year, according to new research, reports Country Life.

Over the last 12 months up until June growth for the prime country house market burgeoned by 11.8 per cent.

This figure is marginally above that of the mainstream real estate market across the UK, estate agent Savills claims.

Part of the reason why results have been so positive is because of limited supply during the start of the year, the real estate agent said.

According to the report, the country house market in Scotland resembles that of central London.

The report stated: "The top end of the prime country house market displays similar characteristics to prime central London, with a large pool of wealth chasing a constrained level of stock."

Meanwhile, a recent house price report from Nationwide this month said that overall Scotland "maintained its strong performance in the second quarter".