Scotland Offers Affordable Seaside Living

Author: Alison Gourley
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Many of us would like to live by the sea and new research by Bank of Scotland has revealed that it may not be as unaffordable as some might think.

The research found that average property prices by the sea have increased by 6% over the past five years, which is significantly lower than the rise in house prices seen across Scotland as a whole which have increased by 12% over five years. Undoubtedly some coastal locations are more desirable than others, thus attracting a higher price with North Berwick apparently being one of the most popular and most expensive Scottish seaside town.

Graham Blair mortgage director at Bank of Scotland explained “Scotland, with its beautiful coastline, represents fantastic value for anyone looking to purchase a seaside property”.

There appears to be an East/ West divide regarding property prices. 9 out of the top 10 most expensive properties are to be found on the eastern coastline. As said above North Berwick is the most expensive, followed by St Andrews, Newtonhill, Stonehaven and Dunbar.

In contrast 9 out of the 10 least expensive seaside towns are on the western coastline. Millport is the least expensive, closely followed by Girvan and Saltcoats. The research also shows that the happiest coastal homeowners live in Port Bannatyne, Dunoon and Stranraer which are three of the least expensive coastal towns in Scotland.

For expert legal advice on buying or selling property in Scotland, then please contact me Alison Gourley on 0141 552 3422 or by email on ajg@mitchells-roberton.co.uk

About Alison Gourley

Alison graduated from Edinburgh University School of Law in 1991. She joined Mitchells Roberton in 1996 and became an Associate thereafter. Alison specialises in both commercial and residential conveyancing, advising individuals, large and small businesses, banks, charities and further education institutions on all property transactions. Having 20 years experience in property law Alison has developed excellent relationships with surveyors, independent financial advisers and banks so is ready to act swiftly and effectively to meet her clients’ needs in an ever changing property market. She enjoys getting to know her clients and is committed to giving them an efficient service and is always friendly and approachable. She is also involved with the marketing aspects of the firm. Alison is a residential conveyancing tutor in the paralegal course offered by Central Law Training through the University of Strathclyde. Alison is married to a photographer and has one child. In her free moments she likes to keep fit. She is a talented amateur artist and loves nature and the great outdoors. Email: ajg@mitchells-roberton.co.uk

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