According to Savills, Scottish prime country house prices have accelerated by 19% year-on-year in September which is the fastest rate of growth for this sector over the past 18 years.
Faisal Choudry, Savills research specialist, attributes this upward growth to consistent buying in areas which lie within the commuting distance of Edinburgh and Glasgow. The Borders has been particularly buoyant with the strongest growth since 2000. The mid and top-end market in commuter-reach of the Central Belt has recorded record growth. Country house prices in this area were up by 18% to the end of September year-on-year, with Perthshire country houses recording 17% growth in the same period. Another hotspot is Angus, where prices grew by 18% in the twelve months to September 2007.