25th September 2012

The Summer Holidays Are Over but is the Property Market Going Back to Work?

It has been a while since I have written a property blog although there has been a lot happening.

I thought I would start with a quick overview.  In my June overview I did mention that there were some icy winds blowing across the property market and it would be interesting to see what impact they would have.  The feedback from my own experiences and that of the Blackadders’ Property Team is that listings from the middle of August have not increased the way I would expect them to and are very much lagging behind previous years.  This for me is slightly concerning as in terms of normal market flow it is important that there is a stock of property built up in September prior to the October holidays.  Despite various government initiatives (more blogs on these later) the number of first time buyers continues to be at record low levels.  This is having an impact on the whole market. 

I still believe the long-term outlook for the property market in Scotland is very strong but my feeling is that activity levels will continue at low levels until the turn of the year and then we will see a continued and ever improving housing market. 

These are just trends and I will continue to report on them as and when I get more information. 

Lindsay Darroch
Partner & Head of Property



The opinions expressed in this blog are of the author only and do not necessarily represent the opinions of Blackadders LLP.

Blackadders takes all reasonable steps to ensure that the content of this blog is accurate and up to date. The blog is not, however, intended as a substitute for seeking legal or other professional advice but rather as an informative guide to the services provided by Blackadders and topical legal developments. Blog users should always seek advice tailored to their specific situation. Consequently, Blackadders accepts no responsibility for any loss or damage suffered by anyone acting or failing to act on the basis of information contained on this blog. Downloading of material contained on this site is at the user’s own risk and all necessary virus checks must first be carried out by the user. Blackadders is not responsible for the material found on any web sites linked to this one and links to this site may only be made with Blackadders prior consent.


Blackadders owns the copyright in this blog and all material contained on it. The material on this blog may be downloaded for personal use only and must not be altered. Otherwise, Blackadders’ written consent is required before any material on this site is reproduced, copied or transmitted in any way.

Privacy Statement

Information passed to us via this blog is kept confidential and will not be disclosed to third parties except if authorised by you or required by law.

© Blackadders LLP 2020

Members of the Law Society of Scotland.

Blackadders Solicitors is a trading name of Blackadders LLP, a limited liability partnership, registered in Scotland No SO301600 whose registered office is 30 & 34 Reform Street, Dundee, DD1 1RJ. Reference to a ‘partner’ is to a member of Blackadders LLP.

Back to Blackadders' Property Blog: Covering Aberdeen, Dundee, Edinburgh, Glasgow, Perth, Angus and beyond