Education 'the most important factor' for property-buying parents

The residential property market in Scotland is affected to a large degree by the location of good schools, an estate agent operating in the area has stated.

Agents Strutt and Parker have asserted that homes situated near good schools can sell for 20 per cent more than their less well-serviced equivalents.

In Edinburgh, the company identifies schools including South Morningside and Scienees primary schools as well as James Gillespies and George Watson’s as having strong attractions for parents, the Scotsman reports.

Blair Stewart, spokesperson for the agent, told the publication: "Good local schools in both the independent and state sectors are a top priority for buyers looking for family homes in Edinburgh.

"With a great school nearby you can add up to 20 per cent to the price in today’s market."

Meanwhile, the Thrifty Scot has suggested that while two-fifths of UK adults have stated they would consider moving abroad while saving for a home in the UK, there are still many deals available in Scotland.