The latest UK House Price Index (HPI) reveals that the average property in Scotland in February 2019 was £145,762 – a monthly drop of 3.1 per cent and a decrease of 0.2 per cent on the same month in 2018; the first annual decrease in average property prices since March 2016.
Semi-detached and terraced houses recorded an increase in average prices in the year to end February 2019, rising by 2.1 per cent and 1.0 per cent respectively. When compared with February 2018’s figures, flats and maisonettes in Scotland fell 1.3 per cent, and detached houses decreased by 1.2 per cent.
New research by Direct Line life insurance revealed over 12.6 million people in the UK would be prepared to carry out a legal challenge against a family member’s will if they disagreed with the division of their estate.
The national report, which surveyed 2,003 adults, split British residents into regions to determine attitude differences.
Thirty-one per cent of residents of Southampton would contest a will in court if they felt unfairly excluded; the highest percentage of residents across the UK. This was closely followed by London and Norwich residents at 29 per cent.
With the demolition of an existing building complete and the construction phase close to starting, the Highland Council and Highland Housing Alliance (HHA) have moved one step closer towards delivering new affordable homes along with commercial units in Inverness city centre.
Replacing former supermarket Farmfoods, the housing project at 79 Academy Street will hold 37 one- and two-bedroom apartments, where 23 will be for rent and the remaining 14 will be mid-market homes. The project is being funded by the council, the HHA, the Scottish Government and the Highland City Region Deal.
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