The housing market in Aberdeen suffered a dramatic fall in sales during lockdown, according to a new report. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. Transactions stalled in March at the outbreak of the coronavirus pandemic when lockdown was imposed. Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. Scotland's property market has been frozen due to lockdown over the last 10 weeks – with many wondering how it will look in the near future. Housing market to stay open during lockdown As England and Scotland enter new lockdowns to join Wales, who were already in one, the latest official guidance says that you are still able to move home throughout the period, as long as you follow strict safety guidelines. Scotland’s housing market in lockdown boom. The new regulations apply to all parts of Scotland currently in level 4. The Scottish housing market began 2021 on a weaker footing, despite the sector being allowed to remain open during the current lockdown, with Scottish surveyors reporting activity lower than in December, according to the January 2021 Residential Market Survey from RICS. Housing Market Predictions 2021: Scotland’s Land and Buildings Transaction Tax Holiday End. Moving home or undertaking activities in connection with the maintenance, acquisition, sale, letting, or rental of residential property that the person owns or is otherwise … The information and data in this article was correct at the time of publishing and every attempt is made to ensure its accuracy. This will allow valuations and viewings to take place, and marks the initial stage in the reopening of the Scottish housing market. Coronavirus (COVID-19): stay at home guidance. “Travelling for the purposes of undertaking essential work on a property other than your main residence should not be used as a pretext for a holiday. Scottish housing market flourishing amid lockdown easing. Aberdeen’s housing market was rocked by a “dramatic” drop in sales over the coronavirus lockdown period, a new report has found. Pent-up demand in the Covid lockdown and the stamp-duty cut kept the property market hot, but a chill is on its way. With the publication of the Scottish Government’s COVID-19 route map on its phased approach to easing lockdown and some general estate agency activity resuming in England, many are wondering when and how types of activity such as in-person property … The figures, which come from the RICS UK Residential Market Survey for April 2020, suggest 80% of contributors have seen buyers and sellers pulling out of transactions on the housing market. Instead, Sturgeon says Scotland will move out of its current complete lockdown on 28 th May and move to Phase 1, which will see Scots able to fraternise with family and friends in outdoor spaces, workplaces re-open but only where home working is not possible. After years of trying to increase the numbers of new homes built and vacant properties regenerated, the UK’s housing market has been looking strong. UK house prices jump but slowdown is likely, says Nationwide Scotland is going to a March-style lockdown as of midnight, First Minister of Scotland Nikola Sturgeon announced. You can make a complaint by using the ‘report this post’ link . Further case of India Covid variant discovered in Scotland - … We may then apply our discretion under the user terms to amend or delete comments. Get involved with the news in your community, This website and associated newspapers adhere to the Independent Press Standards Organisation's Editors' Code of Practice. First minister Nicola Sturgeon said: “We are now seeing a steeply rising trend of infections. You can also find out the latest guidance on Coronavirus and moving home in Scotland. In Scotland, where a lockdown comes into effect at midnight tonight for the rest of Junuary, the guidance from the Holyrood government says: “For activities in connection with moving home (including viewing a property), or for activities in connection with the maintenance, purchase, sale, letting, or rental of residential property that the person owns or is otherwise responsible for. “It is essential that we further limit interaction between different households to stem the spread and bring the situation back under control, while we vaccinate more people. Mainland Scotland has been placed under the tightest Covid lockdown restrictions. The prime suburban market – comprising Victorian-era homes outside the city – benefitted from people’s pursuit of spacious homes since lockdown ended in Scotland. This phase includes “preparing for the safe reopening of the housing market”. Here’s what’s on the Horizon in the Scottish Housing Market. In Edinburgh and Glasgow, it is the price of flats that has had the largest influence on prices over the last twelve months, with Glasgow flats up from an average £142k in February 2020 to an average £167k this February, while in Edinburgh the equivalent figures are up from £241k to £261k. The housing statistics for Clacks include the second-most expensive detached home of the last twelve months, being a 5-bedroom property currently let out for self-catering holidays, renting out for £1,500 per week - it sold for £900k. Wales and Northern Ireland have also introduced or extended existing restrictions in movement while prime minister Boris Johnson is expected to […] The Scottish property market started the year off strong only to almost die during the months of lockdown and pick up again when restrictions eased. 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