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CORONAVIRUS UPDATE

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TODAY'S OTHER NEWS

Greater demand for small holdings in Scotland

There has been a notable rise in demand for small holdings and rural properties with land in Scotland, reflecting the fact that confidence in the property market is improving north of the border, according to Scottish property consultancy, CKD Galbraith.

The company report that the idea of owning a small holding is growing increasingly more popular, especially for those keen to tap into a more relaxed rural way of life whilst having the opportunity to utilise the additional land and outbuildings by way of operating a small business from home.

People are becoming “more decisive” and are increasingly “less cautious” when investing in a rural lifestyle property particularly when there is a potential to earn them an additional income stream, according to Duncan Barrie, partner at CKD Galbraith.

Barrie commented: “We have witnessed a resurgence in demand for small holdings and rural properties which are accompanied by manageable areas of land since the start of this year. Buyers are quick to act when good quality houses with land appears on the open market.

“Family homes with land, ancillary accommodation, and particularly those within the central belt, are in extremely high demand as buyer confidence continues to grow within the larger urban areas.” 

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