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Detached homes are favourite for Scottish home movers


31 July 2024

  • Detached homes most popular for home movers in Scotland, at 34% of purchases over the last year
  • Almost half (48%) of all Scottish house purchases are movers
  • Number of people moving home 13,003 - up 3% in first half of 2024, compared to same period the year before
  • House price for movers in Scotland is £280,340 on average, -1% on last year
  • Average age of a Scottish home mover is 40 years old

Scottish home mover house purchases that are detached - 34%

Average home mover house price in Scotland - £280,340

Average age of a Scottish home mover - 40

The most popular house type for people moving in Scotland is a detached home, as buyers seek more privacy and space, according to the latest Bank of Scotland Home Mover Review.

Detached properties made up 34% of all home mover mortgages, compared to 32% ten years ago. Over the last decade, flats have decreased in popularity for people moving home, declining by -2 percentage points (pp) – from 18% to 16% - as people choose larger properties when making a move on the property ladder.

Transaction volumes

The number of people moving home in Scotland increased by +3% in the first half of this year - 13,003 home moves were recorded, less than the UK overall, which was up +10% in the same period.

However, more people (13,003) moved home within Scotland than in London (10,650) in the first six months of this year.

Scottish home movers made up nearly half (48%) of all house purchases, falling -2pp (pp) on the first half of 2023 (50%), but still higher than compared to the UK, where home movers made up 44%.

Prices and deposits

Scotland continues to offer value for money for those moving around or into the country. The average price movers paid is £280,340, -1% during the last year and steadier compared to the UK, which dropped -6% in the same period, although the average house price was higher in the UK at £392,107.

Further, the typical house price when making the next step on the property ladder in Scotland is +21% more than five years ago (£232,386).

The average deposit amount for a home mover in Scotland has increased over the last five years by +35%, to £97,520. Movers are also putting down 35% of the purchase price on average, 2pp more than the UK average.

Movers getting younger

The average age of a person moving home in Scotland is now 40, a year younger than five years ago (41).

Graham Blair, Mortgages Director, Bank of Scotland, said:

“Over half of people moving home in Scotland are choosing a detached or semi-detached property, as people seek more space and privacy as they make the next step on the property ladder.

“Scotland continues to offer great value for those moving home - the average house price is just over £280,000, a saving of over £110,000 compared to the UK average. From the highlands to the islands, the stunning landscape Scotland boasts make it a wonderful place to make a next home move.”

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