13th January 2016


Never has the title of this blog been more true in relation to the plethora of statistics in relation to the housing market.  I was interested to see the announcement by the Halifax that UK house prices rose by 9.5% in 2015. This conflicts with the report from the Nationwide the month before advising of a 4.5% annual increase.  However, what is beyond doubt is that on average, house prices are rising, driven mainly by a shortage of supply and an increase in demand caused by improving economic conditions and confidence.  There is the usual caveat in relation to geographical area, school catchment area, type of property and price band.  Unless there is significant change in the supply, I do think that in the short term, we will see a continued increase in house prices but my feeling is that with tax changes and economic conditions, 2016 will see a more normal rise of between 3% and 5%.  I will keep you advised of trends.

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