Property News > Stirling is the UK’s biggest buyer demand hotspot

Stirling is the UK’s biggest buyer demand hotspot

Stirling is currently the UK’s top city for buyer demand, with 75% of its 327 homes on the market currently under offer or subject to contract, according to research from PropCast. 

The historic Scottish city is closely followed by Bristol and Glasgow.

By contrast, the biggest sellers markets were found to be Westminster, Aberdeen and Bangor, where demand is currently among the lowest in the UK. 

In London, some 36% of homes for sale are currently under offer. 

Gavin Brazg, founder of PropCast and TheAdvisory said: “Kicking off 2021, we can see buyer demand remains at record high levels across many parts of the UK.

“Even with the stamp duty holiday ending in March we don’t expect these elevated levels of buyer demand to peter out anytime soon.

“If the first lockdown has anything to teach us it’s that buyer demand does not diminish in a lockdown, it just gets deferred (and concentrated) causing a further spike when restrictions are lifted.”

Related Articles

The Holiday Is Over: What Next For Stamp Duty?

The Stamp Duty holiday has provided a welcome return to a bustling property market, but with that now coming to an end, what exactly can we expect to happen next?Over ...
View >>

£31m retirement village project in Bedfordshire gets underway

Work involving a trio of companies has begun on a new £31m retirement village in Caddington, Bedfordshire.The three companies - Inspired Villages, Legal & General Capital, and Willmott Dixon - ...
View >>

12% of all stamp duty receipts in England come from Prime London market

The Prime London market accounted for 12% of England’s stamp duty receipts in 2020 despite accounting for just 0.1% of transactions, according to research from Enness Global Mortgages. Indeed, the total ...
View >>

Need Help?

Thank you. We will give you a call back as soon as possible!
Name *
Email *
Phone *
When would you like a callback? *