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House prices rise faster in Scotland

Bank of Scotland’s house price index for Q4 2006 reveals that the annual rate of house price inflation in Scotland is 12.5%. This is above the UK average house price inflation of 9.9%. The index also shows that prices in Scotland rose by 3% in Q4 2006, which is below the UK quarterly rise of 4.2%. Over the past five years house prices in Scotland have almost doubled, rising by 97%. The average price of a house in Scotland is now £126,639, 32% less than the UK average.

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Energy certificates may cut emissions

The National Home Energy Rating scheme says Energy Performance Certificates are a good way to tackle climate change and promote energy efficiency. Austin Baggett, head of the NHER scheme, says: “The housing sector is responsible for nearly 30% of the UK’s carbon dioxide emissions. EPCs are a neat way to promote energy efficiency.”

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