fruitmortgages's Blog

It may have seemed all doom and gloom for the UK property market in 2007 however not everyone in the UK has been experiencing a slowing of property prices.Scotland has seen some amazing property price increases over the last 12 months, the Scottish coastal town of Montrose saw average property prices shoot up from £123,494 to £172,156, a 39% increase in what many property experts are calling a housing recession.The figures taken from a Halifax report attributed the increases to improved transport links, rising immigration and a strong employments market.Scotland wasn't the only region in the UK to see property price increases, Winchester came out top in England with average prices up 38% putting the prices at just under £400,000.Stourbridge in the West Midlands was the only town in the ...