New research has shown that enticing property hotspots and improved mortgage lending have resulted in a welcome boost in property sales to young professionals. The research (by Savills) shows that the market is increasingly being driven by those aged between 30 and 39.
A spokesperson for the survey said:
'This target market had been somewhat subdued following the housing market downturn, mainly due to affordability issues. However, there was an ever-present pent-up demand among this age category aspiring to upsize. This age group is now more active and is enabling the whole of the market to move again following low levels of sales during 2011 and 2012.
'We expect residential values across Scotland to continue their positive upward trend over the next five years, with stronger growth predicted in the event of a possibly No-vote majority.'