View more on these topics

Scotland tops 2006 for housing hotspot

Scotland proved the most popular destination for new home buyers in 2006, fuelling unprecedented price rises.

Previously ranked as the second most affordable place to buy a new home in 2005, prices over the last year have experienced high growth, to make it the third most expensive place to buy a new home in 2006.

Scotland emerged as a popular destination with continued inward migration driving up prices.

The average price of a new home in Scotland rose 13% in 2006, the highest annual price increase after London.

David Bexon, managing director of, says: “Key towns with strong economic growth and the considerable number of detached properties (as opposed to apartments) that are still being built here have significantly impacted on Scotland’s recent success and I would predict prices to continue to rise in 2007.

“Cities such as Edinburgh and Glasgow have spearheaded this growth and towns such as Stirling, now boast some of the most expensive new homes in Scotland.

“Prices in major Scottish towns are fast catching up with those found in London and detached properties are achieving a premium, in part fuelled by the number of professionals moving into the region to take up roles in the cities flourishing business districts.”


Home & Capital appoints new chief executive

Home & Capital Trust has appointed Graeme Marshall as its new chief executive.Marshall has already had experience of running Home & Capital managing director between 1998 and 2003. In October 2003 he resigned to develop Sovereign Reversions, financing elderly homeowners through equity release. Marshall remains the chief executive of Sovereign, which acquired 100% control of […]

ARLA predicts buy-to-let stability

The Association of Residential Letting Agents has predicted that the fundamentals of the buy-to-let market will remain unchanged following yesterday’s base rate rise to 5.25%.In the final ARLA quarterly review and index for 2006, more than eight out of 10 investment landlords were reported as saying that they would not sell their property investments even […]

Wages will struggle to rise, says Assetz

Assetz has warned that the rate rise will scare businesses into low wage negotiations in Q1 2007.The property investment company has assumed that the surprise rise is an attempt by the Monetary Policy Committee to curb inflation.Stuart Law, managing director of Assetz, says: The MPC has delivered a warning shot to businesses with this surprising […]

Singapore cover image - thumbnail

White paper — Singapore International Insights

Jelf Employee Benefits assesses key trends within the international private medical insurance provision of organisations with employees in Singapore. Benefit structure, cost management and healthcare facilities are examined and key considerations are highlighted. This edition will be of particular interest to global human resource directors and benefit managers with local and expatriate populations in Singapore.


News and expert analysis straight to your inbox

Sign up