Scottish suburbs to buck the downturn

Investors looking for areas that will defy the doomsayers and show solid house price growth this year might want to look at the Scottish suburbs.

According to one analyst, desirable parts of Aberdeen, Glasgow, Edinburgh and Inverness are likely to continue to see house prices rise over the coming months, because of a shortage of supply.

Grant Robertson, director of Allied Surveyors, said that some property types, such as riverside developments, would suffer from over-supply issues.

However, the suburbs of Scotland's biggest cities continue to see demand outstripping supply.

"Aberdeen, obviously on the back of the oil boom, is performing well, as indeed is Inverness," Mr Robertson said.

"Glasgow and Edinburgh will see the suburbs and 'traditional' housing areas - like Glasgow's west end - tend to continue to perform quite well."

According to the Nationwide building society, Aberdeen experienced the second biggest increase in house prices last year, behind Belfast.


Are you buying a property to let? Compare buy to let mortgages here

CCJ remortgage