What about the Scottish property market

Brett Alegre-Wood
October 22, 2020

I would shy away from investing in Scotland, I would stick in the UK

For me, Scottish property market is a bit like Central London. It's not something I would invest in because they have different rules. And realistically, I would stick to UK. 

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It's a very different market in Scotland, it's a smaller market. There's some fundamental changes namely oil and gas with all the issues there and that I know Aberdeen and a few of those places house prices have dropped considerably. So, it depends on how that's reacted.

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I don't really follow the Scottish market in that much detail to be able to give you really good advice on that. What I suggest is you find some Scottish local property guys who actually keep track of that. The general stuff I hear you know but for me I love Edinburgh I think it's fantastic but you know as a property market it's a bit like central London. Glasgow has lots of opportunities but for me you know it's not somewhere I don't invest in Scotland because there's different rules I stick to realistically UK.

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Video Transcription

It's a very different market in Scotland, it's a smaller market. There's some fundamental changes namely oil and gas with all the issues there and that I know Aberdeen and a few of those places house prices have dropped considerably. So, it depends on how that's reacted. I don't really follow the Scottish market in that much detail to be able to give you really good advice on that. What I suggest is you find some Scottish local property guys who actually keep track of that. The general stuff I hear you know but for me I love Edinburgh I think it's fantastic but you know as a property market it's a bit like central London. Glasgow has lots of opportunities but for me you know it's not somewhere I don't invest in Scotland because there's different rules I stick to realistically UK.


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