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English home buyers head north

 © Evening Times
Originally published: 16.06.2006

THE number of English househunters seeking property north of the border has risen by approximately 30-per cent, it was claimed today.

According to property specialists Strutt & Parker there has been a massive increase in interest from English investors who have contacted its offices in Glasgow, Edinburgh, Banchory and Kingussie looking to purchase estates, farms and residential homes throughout the country.

This new statistic signals a significant 50-per cent increase in the number of English investors which have approached the property specialists compared to this time last year.

Iain Robb, a partner based at Strutt & Parker's Glasgow office, said: "We have recently had a large number of non-Scottish and particularly English people inquiring about our properties. "The English buyers often have more financial firepower than some of their Scottish competitors due to the strength of the market down south.

"This means that if they've sold a property in England, they'll have more money to spend on a similar or larger property in Scotland."

Strutt & Parker has built an international database of clients based across the world including Russia, USA and China, who are looking for properties in Scotland.