Research from Rightmove has shown that Scotland has now overtaken London as the fasted moving market for homes which cost more than £1,000,000. Analysis shows that these properties in Scotland typically find a buyer within 61 days which is some 25 days quicker than before the pandemic.
The research looked at the year before the pandemic compared to the year since the property market re-opened. It shows that million pound properties in London now take an average of 67 days to find a buyer over the last year. This means that London has gone from the fastest selling region to being the fifth behind Scotland, the east of England, the south east and the east Midlands.
Contact our Conveyancing Lawyers Glasgow, Scotland
Whilst we are happy to assist with sales and purchases of properties in this bracket, we are equally at home at all ends of the market. Whether you are a first time buyer, buying and selling a home or acquiring a second home as a holiday home or for investment purposes, our experts in our conveyancing department will be pleased to help if you contact us on 0141 673 5588.
