House prices on the up - though owners need to 'accept reality'

We've come across a few interesting stories on house prices this week which we thought we'd share.

In Scotland, property owners looking to sell have had to settle for less than their asking price, although Lindsays Solicitors have noticed an increase in closing dates, suggesting more properties are being sold. So whilst prices may not yet be back to what they used to be, it looks like there is more activity in the property market, particularly in the city's most popular areas.

It's a different story south of the border. Here, the slowdown of property sales has now created a shortage of properties on the market, leading to increased house prices.

Whilst Edinburgh isn't currently showing any such trend, there has certainly always been competition for properties that are well placed and - especially for investors - bound to generate great yields. Contact the team for more information