St James Quarter celebrates Chinese New Year with Lion Dance procession and gift voucher giveaways

It’s the Year of the Rabbit and as people in Edinburgh prepare to celebrate Chinese New Year, St James Quarter has unveiled its exciting line up of celebrations taking place this weekend.  

On Saturday 21st January, St James Quarter will play host to a range of Chinese New Year-themed activities including a traditional Lion Dance procession, on Register Square in an eye-catching and colourful display.

Performed by the talented team at Yee’s Hung Ga Kung Fu Edinburgh, the Lion Dance is commonly performed during Chinese New Year to bring good luck and guests will be able to enjoy two performances throughout the day at 12pm and 1pm. 

St James Quarter will also be taking part in the traditional act of gift giving that is associated with Chinese New Year. Lucky shoppers will have the chance to get their hands on a limited number of red envelopes including gift cards – symbolising good wishes and luck for the year ahead. These will be handed out by the Guest Services team on Level 1 between 12 – 4pm and can be redeemed at retailers within the Quarter. 

John Lewis will be inviting guests to learn the intricate art of Chinese calligraphy and create their own red banner for Lunar New Year on Level 1 of its store from 2pm, and brands including Charlotte Tilbury (located within H Beauty), LEGO, L’Occitane and Coach, will be showcasing Chinese New Year inspired limited-edition items.

If you’re looking to celebrate by indulging in traditional Asian cuisine, Thai Express Kitchen will be offering 20% off food from 20th – 27th January. 

Nick Peel, Managing Director at St James Quarter, said: “Edinburgh is the multicultural hub for Scotland, and Chinese New Year is a great opportunity to experience the different cultures and traditions that we have here in the city. 

“We hope that as many of our guests as possible will get involved in the exciting Chinese New Year activities we have planned at St James Quarter on Saturday, and we look forward to welcoming guests to The Quarter to celebrate the Year of the Rabbit with us”. 

For more information on the Chinese New Year celebrations at St James Quarter please visit: https://stjamesquarter.com/event/chinese-new-year 

Youth arrested and charged following Edinburgh New Year derby disorder

A 16-year-old male has been arrested and charged with culpable and reckless conduct. It follows a report of objects thrown during the recent Edinburgh football derby at Tynecastle Park on Monday, 2 January, 2023.

The male has been released on an undertaking and is expected to appear at Edinburgh Sheriff Court at a later date.

Chief Inspector David Happs said: “This type of behaviour is unacceptable and I hope this latest arrest sends a clear message that any such conduct will not be tolerated.

We have the full support of both clubs as we continue with our investigation.”

Hibs and Hearts meet again in a Scottish Cup tie at Easter Road this weekend.

More time to apply for short-term lets licences

‘Pragmatic approach’ to support hosts during cost of living crisis

Recognising the pressures short-term lets hosts face at this time, legislation has been laid to extend the deadline for applying for a licence by six months to 1st October 2023.

The new deadline applies to anyone operating as a host before 1 October 2022. Anyone who started operating after that must have applied for and obtained a licence before accepting guests and bookings.

Housing Secretary Shona Robison said: “We are taking a pragmatic approach to help support hosts in recognition of the wider cost of living crisis that is placing pressure on businesses. This one-off six-month extension will give businesses more time to spread the cost of the licence fee, and meet the scheme requirements.

“The principal component of our licencing scheme is a mandatory set of safety standards which many hosts will already be meeting as a matter of best practice or compliance with existing law. Our scheme gives local authorities the powers to strike a balance between the economic and tourism benefits of short-term lets and community concerns.

“Many hosts have already applied for a licence. I encourage those that have yet to do so to apply for a licence well in advance of the extended deadline.”

New hosts must now apply for, and obtain, a licence before accepting bookings or receiving guests.

Anyone who operating as a host before 1 October 2022 can operate as normal while their application is being determined.

New Activate community development course starting next month

LINK UP at North Edinburgh Arts is running an Activate course in partnership with the University of Glasgow.

This is a foundation course in community development. It is open to community members young and old, in the North West Locality. The course is fully funded.

There a will be an online information session on 11th February with the course beginning in person on 18th February: 9:30 – 1pm for 12 weeks (times and venue to be confirmed).

Spaces are limited if you have any interest or require further information contact the Link Up team on 07493876130 or by email: fionab@northedinburgharts.co.uk

Club Together at Easter Road

We are delighted to be part of @SPFLTrust Winter Response Fund 2023

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Starting 25th January we have a free lunch offering for our community to attend

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In our community hub space we have hot meals and access to wi-fi / devices, book swap & clothing bank.

SNP MSP leads debate on important role of the National Robotarium

Gordon Macdonald MSP for Edinburgh Pentlands led a members debate in Parliament yesterday, highlighting the benefits of robotics, AI and autonomous systems and the important work being developed at the National Robotarium located at Heriot Watt University campus in partnership with the University of Edinburgh.

The motion for debate focused on the National Robotarium’s unrivalled technology and facilities which is central to the development and testing of robotics and AI solutions across the three distinct areas of robotics and autonomous systems, human and robot interaction, and high-precision manufacturing.

Mr Macdonald highlighted the National Robotarium’s role in growing Scotland as a world leading international hub which will require sufficient support to ensure a trained, qualified workforce and the development of a manufacturing base.

Commenting Mr Macdonald said: “I was delighted to have the opportunity to lead my members debate on the National Robotarium, the largest and most advanced applied research facility for robotics and artificial intelligence found anywhere in the UK and located here in the Edinburgh Pentlands constituency.

“On a recent visit to the centre I saw first-hand the incredible work they are doing in their state of the art facility and heard about the aspirations of the centre and indeed the opportunities for Scotland.

“Scotland, unlike many areas of the UK, still has a manufacturing base and the National Robotarium is in a position to move innovative products and services rapidly from laboratory to market, to develop new prototypes, and support early-stage product development within an incubator environment that drives productivity.

“The National Robotarium will be central in creating opportunities for companies to establish, develop and scale up, as well as meeting the future challenges of growth and manufacturing but it is imperative we have a trained workforce so planning for skills is crucial if we are to realise this industry’s potential.”

National Robotarium CEO Stewart Miller, who attended the debate, commented: “I’m grateful to Mr Macdonald for raising this important debate in Parliament and highlighting the work we’re doing at the National Robotarium to build skills and increase the adoption of robotics and AI across all sectors.

“Many of the points raised during the debate clearly illustrate how the expansion of robotics capabilities can positively impact both the economy and society as a whole. The National Robotarium is an important milestone in this story, however, only with increased government support and investment can Scotland and the UK fully realise its potential to become a leading knowledge base and potential manufacturing hub for robotics.”

LifeCare: Free Movement Therapy sessions for unpaid carers

Are you an unpaid carer looking after a loved one? Or know someone who is? LifeCare is launching a series of classes and activities that are FREE for unpaid carers and the person they care for.

Starting on the 25th January at 11am in our Boardroom, come along to movement therapy designed to spark memories, have fun and boost your physical and mental wellbeing.

If you would like to attend, please submit your name on the following form:

https://forms.office.com/Pages/DesignPageV2.aspx…

£27 million to support community regeneration projects

Regeneration projects in disadvantaged and rural communities across Scotland will receive a share of almost £27 million funding.

The investment will support schemes tackling child poverty and addressing issues like addiction and suicide prevention, while creating jobs and growing local economies. It supports town centre regeneration by bringing derelict buildings back into use and creating new buildings for the community or for commercial purposes.

The latest round of funding from the Regeneration Capital Grant Fund (RCGF), delivered in partnership with COSLA and local authorities, will help 23 community-based initiatives which will create and support more than 700 jobs and more than 500 construction jobs, along with hundreds of training places.

Edinburgh’s Peffer Place Business Park in Craigmillar receives £2.25 million.

Other initiatives include:

  • converting a derelict Motherwell sports pitch into a recreation area and community base to support groups at particular risk of suicide
  • transforming a former pipe factory in Glasgow into a community centre and creative hub for young people, including those with care experience
  • renovating an empty, derelict building in Lossiemouth into a community hub providing services including affordable childcare, addiction counselling and debt advice
  • establishing a five-acre campus in Easter Ross to offer training in sustainable food production, promote zero waste and deliver courses focused on tackling food poverty and poor mental health

Community Wealth Minister Tom Arthur said: “These innovative, grassroots schemes have been developed within communities to address local needs.

“Scottish Government support will help provide services like employment training, affordable childcare, mental health support and addiction counselling. Derelict landmarks will be redeveloped and new buildings created.

“By working in partnership with residents and local authorities, we are helping communities to support themselves and develop fair, green and prosperous economies which accelerate progress towards net zero emissions.

“The Scottish Government wants to create a fairer society by enabling more people to benefit directly from the wealth generated by local communities. That is why we are introducing Community Wealth Building legislation during this Parliamentary term – to fundamentally transform what our economy is for and how it operates.”

COSLA’s Environment and Economy spokesperson Councillor Gail Macgregor said: “The announcement today shows the strength of the RCGF and the commitment by local government to regenerating communities.

“In this uncertain time of inflation, rising energy costs and increased demand on services, the fund demonstrates what can be achieved in our towns, cities, villages and islands when support is focused on social and economic renewal.

“From tackling the mental health crisis to food poverty, affordable childcare to climate change, this fund goes beyond what we traditionally think of as regeneration thanks to the ambition and innovative thinking of communities across Scotland.”

 Since 2014-15, the RCGF has funded more than 200 projects which have supported or generated thousands of jobs, repurposed and returned to use landmark buildings in town centres, and created numerous new commercial spaces and multi-use community facilities.

RCGF funding applications are invited annually from all 32 local authorities and Clyde Gateway Urban Regeneration Company, as part of a two-stage process. 

An independent Investment Panel agrees recommendations to Ministers and COSLA on projects to be funded during the forthcoming financial year. Applicants must detail how projects will help meet net zero ambitions and reduce carbon emissions.

The Scottish Government plans to introduce Community Wealth Building legislation during this Parliamentary term to accelerate progress on transforming local economies and fundamentally reshaping how communities operate.

Details of the successful projects can be found here – Capital investment for regeneration – Regeneration – gov.scot (www.gov.scot)

Lead Applicant Project Total Grant
Aberdeen City CouncilInchgarth Community Regeneration Hub£1,900,000
Argyll & Bute CouncilAros Waterfront Development – Outdoor Activity Hub£403,500
Argyll & Bute CouncilNonhebel Light Industrial Park Expansion (Nonhebel Park Phase 2)£654,000
City of Edinburgh CouncilPeffer Place Business Park£2,250,000
Clyde GatewayShawfield GRID Campus£3,350,000
Comhairle Nan Eilean SiarCalanais 2025£2,000,000
Comhairle Nan Eilean SiarLoch Carnan£150,000
Dumfries and Galloway CouncilLockerbie Old School Wellbeing and Enterprise Centre£2,623,000
East Ayrshire CouncilNew Cumnock Re-use Hub£1,800,000
East Ayrshire CouncilTake A Bow Opportunity Centre£1,341,615
East Dunbartonshire CouncilCampsie Memorial Hall Revitalisation Project£950,000
Glasgow City CouncilRefiring The Pipe Factory£1,965,354
Highland CouncilGro For You – Community Innovation Campus – Tain£450,000
Highland CouncilJohn O’Groats Mill: A Power for the Community£1,500,000
Highland CouncilKnoydart Bunkhouse£560,000
Moray CouncilLossiemouth Community Hub£270,200
North Lanarkshire CouncilMotherwell Football Club Community Trust – The Well Hub£215,000
South Ayrshire CouncilMaybole New Stables Lane Scheme£959,807
South Ayrshire CouncilPinwherry and Pinmore Community Development Trust – Primary School Redevelopment£197,633
South Lanarkshire CouncilCarluke High Mill, Phase 1£1,199,383
South Lanarkshire CouncilCarnwath Community and Business Enterprise Hub£275,000
South Lanarkshire CouncilLarkhall Business Micro Hub£300,000
West Lothian CouncilScottish Co-operative Discovery & Activity Centre£1,400,000
  £26,714,492

World Animal Protection reveals the travel company culprits STILL exploiting wildlife

Companies like TUI Musement, GetYourGuide, Trip.com, AttractionTickets.com and Jet2holidays are STILL, exploiting wildlife for profit despite 84%1 of UK citizens who believe that tour operators should not sell activities that cause wild animals suffering, according to a report by World Animal Protection.

Elephant riding, selfies with tiger cubs and swimming with dolphins were some of the cruel wildlife activities on offer by these travel brands, according to the Real Responsible Traveller report.

The study reviewed 9 leading travel companies on their commitment to animal welfare and wildlife friendly tourism with the aim to help holiday makers plan a wildlife friendly holiday.

Thousands of wild animals every year are forced to perform for tourist entertainment or be subjects for tourist “experiences” that are incredibly unnatural and stressful for them.

This skeletal baby elephant was forced to “rave” to music, “play” musical instruments, and perform tricks, all for tourists’ entertainment at Phuket Zoo in Thailand. Despite a global campaign to free him, he died after his back legs snapped beneath him.

For example, elephants in entertainment are captured in the wild or born into captivity and taken from their mothers at an early age. They are then subjected to violent training regimes causing huge physical and psychological harm.

Dolphins used for entertainment are mostly bred in captivity, (although some are still captured from the wild) and kept in barren tanks a tiny fraction of their natural home range which creates huge distress for these wonderful animals.

Travelling responsibly means never including captive wildlife entertainment or experiences on your itinerary and refusing to book your holiday with travel companies which may claim to offer responsible, sustainable travel, while continuing to profit from wild animal exploitation.

The report also shows the travel companies who have made significant, positive steps for wildlife over recent years including Airbnb, and Booking.com. Expedia has improved in some areas, having stopped selling captive dolphin entertainment in 2021.  

Katheryn Wise, World Animal Protection, Wildlife Campaign Manager, said: “Holiday makers have made it clear; they don’t want tour operators selling animal suffering, but the reality is, suffering is still being sold under the guise of entertainment.

“Who you book your holiday with matters. TUI Musement, Jet2holidays, GetYourGuide Trip.com and Attraction Tickets.com are STILL exploiting captive wild animals.

“World Animal Protection is urging responsible travellers to join us in challenging these companies to do better for animals. Real responsible travellers have the power to act and create lasting change for wild animals by refusing to support companies that still treat wild animals as commodities who they can exploit for profit.

“For more information on how you can make a difference visit our Real Responsible Travel Page at www.worldanimalprotection.org.uk/real-responsible-traveller.

“We are also urging the UK government to take action by passing the Animals (Low Welfare Activities Abroad) Bill, which sees its second parliamentary reading take place on February 3rd. This important bill intends to stop the sale and advertising of activities abroad which involve low standards of welfare for animals.”

The Real Responsible Travellereport builds on World Animal Protection’s 2020 Tracking the Travel Industry report, which assessed Airbnb, AttractionTickets.com, Booking.com, DER Touristik, Expedia, Flight Centre, GetYourGuide, Klook,  The Travel Corporation, Viator, Trip.com and TUI Musement.    

World Animal Protection commissioned the University of Surrey who independently analysed the public commitments travel companies have, and haven’t, made.    

Companies were scored across four key areas:     

  1. Commitment: Availability and quality of published animal welfare policies and how applicable they are to all their brands
  2. Targets and performance: Availability and scope of published time bound targets and reports on progress towards meeting animal welfare commitments
  3. Changing industry supply: Availability and quality of engagement with suppliers and the overall industry, to implement wildlife-friendly changes
  4. Changing consumer demand: Availability and quality of educational animal welfare content and tools to empower consumers to make wildlife-friendly travel choices
They are cruelly trained, chained, abused and exposed to frequent interactions with tourists, loud noises and constant camera flashes. This is no life for a tiger, and why we’re calling on Thai authorities to introduce a breeding ban of captive tigers in Thailand and for better welfare standards for tigers in entertainment venues. In the picture: Tigers spend the day chained for tourist photos. The teeth of this one had also been clipped.

World Animal Protection then checked to see if they offered any of the five “animal attractions”:  

  • Elephant rides, feeding and washing  
  • Feeding or petting primates
  • Selfies, shows, petting or walking with big cats  
  • Swimming with captive dolphins and dolphin shows
  • The sale of any interactive “experiences” involving any captive wild animals (including for example sea lions, crocodiles and alligators)

For more information about industry best practices and how holidaymakers can make their concerns known to the travel companies click here.

Scotland’s house prices continued their climb in November

House Price Index from Walker Fraser Steele

  • East Lothian becomes authority with highest average values
  • Sales of high-value homes in 2022 continue to exceed those in 2021
  • Transaction levels in 2022 match those of 2019
  • Monthly house price change up 0.2%, 6.7% up annually
  • Average Scottish house price now at £224, 644

Table 1. Average House Prices in Scotland for the period November 2021 – November 2022

Note: The Walker Fraser Steele Acadata House Price Index (Scotland) provides the “average of all prices paid for houses”, including those made with cash.

Scott Jack, Regional Development Director at Walker Fraser Steele, comments: “Our data this month may, at first glance, look at odds with other published indices issued by lenders but it is important to understand our higher rate of growth for the period includes all property transactions.

“This is particularly crucial in Scotland as a third of these transactions are made in cash. It is also important because it means this third is not as constrained by the cost of mortgage finance.

“Our data is also drawn from the latest available provided by Registers of Scotland so it uses actual completion prices for November, which may have been agreed earlier in the year, as opposed to precompletion valuations or estimates.

“Scotland is not alone in seeing tentative price growth increases, but our analysis makes a clear point of the value of looking beyond mortgage borrowing for a real understanding of what is going on.

“Property across the UK since the start of the pandemic has consistently out-performed inflation – the average house price in November reached £224,644 – an increase of £40,800 since March 2020, which reflects a comparative growth for the period of 22% compared to consumer prices which have grown by 14.9%.

“On a monthly basis, November’s average price grew by £400 or 0.2%, which though slight in the scheme of things, still means the average house price is at a record high for a ninth time in 2022.”

Commentary: John Tindale, Acadata Senior Housing Analyst

The November housing market

Average house prices in Scotland continued to rise during November, although the increase was a modest £400, or 0.2%. Average prices have now reached £224,644, which is some £14,100, or 6.7%, higher than a year earlier. This sets another new record average price for Scotland, the ninth to date in 2022.

Indeed, if we look at the change in values since the start of the pandemic in March 2020 – when the average house price in Scotland was £183,853 – there has been an increase of some £40,800, or 22%, in the average house price to the end of November 2022. This compares favourably with the increase in consumer prices of 14.9%, measured by CPIH, over the same period. Property prices have hence risen in real terms over the last nearly three years.

With the UK-wide annual November headline rates of the Halifax and Nationwide indices at 4.7% and 4.4% respectively, it may be surprising to see Scotland at a higher rate of 6.7%. However, it should be recognized that the lender indices only relate to properties purchased with a mortgage, while 33% of Scotland’s properties are typically acquired with cash. One third of purchases will therefore not necessarily have been influenced by the recent rise in interest rates.

Also of relevance is the fact that the North West and North East regions of England have annual price increases of 12.9% and 13.4% respectively, so Scotland is not alone in seeing rates above those announced by the lenders.

Figure 1. The annual rate of house price growth in Scotland over the period March 2020 to November 2022

The RICS Residential Market Survey for November indicates that activity in the home sales market has continued to weaken, with higher interest rates and a difficult macro-economic outlook taking their toll on buyer sentiment, and indicators on new instructions and agreed sales remaining negative.

The survey did, however, advise that respondents report that, for now, prices continue to edge higher in Scotland – although the pace of growth is significantly softer than earlier in the year. This is in line with our own findings, derived from the price data supplied by RoS, which includes all domestic transactions based on both cash and mortgage sales.

Local Authority Analysis

Table 2 above shows the average house price and percentage change (over the last month and year) by Local Authority Area for November 2021, as well as for October and November 2022, calculated on a seasonal- and mix-adjusted basis. The ranking in Table 2 is based on the local authority area’s average house price for November 2022. Local Authority areas shaded in blue experienced record average house prices in November 2022.

Annual change

The average house price in Scotland in November 2022 has increased by some £14,100 – or 6.7% – over the last twelve months. Although the annual rate of growth has increased marginally in November, up 0.2% on October’s revised 6.5%, the rate of growth has reduced from June’s 10.4%, which now looks as though it will represent the high point of 2022. However, prices continued to climb in November, albeit at a reduced rate compared to June, with Scotland setting another record average house price, of £224,644 in the month, for the ninth time this calendar year.

In November 2022, 29 of the 32 local authority areas in Scotland saw their average prices rise above the levels of twelve months earlier, the same number as in October. The three areas where values fell over the year were, in descending order, Aberdeen City (-8.1%), Scottish Borders (-2.1%) and Inverclyde (0.0%), although in Inverclyde average prices were just £9 lower than they were twelve months previously.

In Aberdeen City, which has fallen seven places over the year to 25th in terms of its ranking of average prices compared to the other 31 local authorities in Scotland, it is detached homes that have experienced the largest fall, from an average £390k in November 2021 to £350k one year later.

The area with the highest annual increase in average house prices in November 2022 was East Lothian, where values have risen by 14.7% over the year. This takes East Lothian to the top of Table 2 in terms of average values, ahead of the City of Edinburgh.

The rise in prices in East Lothian has been assisted by the sale of The Balfour, a 9,000 sq. ft 4-bedroom apartment, being the ground floor of Whittingehame House, Haddington, for £2.4 million.

Technically, The Balfour is classified as a flat, since it shares a common entrance with other apartments to the main building, so this sale becomes the most expensive ‘flat’ to be sold in East Lothian for at least the last five years.

On a weight-adjusted basis, which incorporates both the change in prices and the number of transactions involved, there are six local authority areas in November which accounted for 51% of the £14,100 increase in Scotland’s average house price over the year.

The six areas in descending order of influence are: – Edinburgh (19%); Glasgow (10%); East Lothian (7%); North Lanarkshire (5%); West Lothian (5%); and Fife (5%).

Monthly change

In November 2022, Scotland’s average house price in the month rose by some £400, or 0.2%. This follows October’s rise in prices of £630, but August and September’s decreases of -£290 and -£320 respectively. These two months were the first falls in Scotland’s average house price since June 2021.

In November 2022, 17 of the 32 Local Authority areas in Scotland experienced rising prices in the month, which is one less than the 18 in October. Of the 17 local authorities with price rises in the month, 8 are in the top 16 areas when ranked by price, with 9 being in the lower half of the market.

The distribution of those with price rises is therefore evenly matched between the higher- and lower priced areas in Scotland.

However, if we look only at the areas with price falls, then the top half of the areas by value saw an average fall of -1.1% in the month, while the average for the bottom half by value amounted to -2.5%. So those areas with the highest falls in the month tended to have the lowest average values.

The largest increase in average prices on the mainland in November was, for the second month running, Clackmannanshire, up by 5.6%. This month the increase in the average price was helped by the sale of a four-bedroom detached home, with stables and a paddock, just to the east of Dollar, which is evenly located between Glasgow (36 miles) and Edinburgh (37 miles).

It was put on the market for offers over £1 million – it sold for £1.21 million – becoming the second-highest priced sale in Clackmannanshire since August 2019.

Peak Prices

Each month, in Table 2 above, the local authority areas which have reached a new record in their average house prices are highlighted in light blue. In November, there are 8 such authorities, down from the 12 in October. Scotland itself has also set a new record average house price of £224,644 in the month.

Scotland transactions of £750k or higher

Table 3. The number of transactions by month in Scotland greater than or equal to £750k, January 2015 – November 2022

Table 3 shows the number of transactions per month in Scotland which are equal to or greater than £750k. The threshold of £750k has been selected as it is the breakpoint at which the highest rate of LBTT becomes payable.

There were 123 such transactions recorded by RoS during the month, with 78 relating to November 2022 and 45 to October 2022, increasing the number recorded to date in 2022 to 1,084. The total recorded in 2021 to the end of November amounted to 1,020, so it is looking extremely likely that 2022 will be establishing a new high for such sales in a year – there are already eight months in which the 2022 totals are either higher than or equal to one year earlier.

As reported last month, these statistics suggest that the “lifestyle changes” associated with the pandemic, of “working from home” and the “race for space”, continue to be important features of the current housing market, even if the prominence of the Covid restrictions are beginning to wane. This “race for space” continues to result in strong competition for high-value homes, which are in relatively short supply, causing prices to continue to creep upwards at the top-end of the market.

The six authorities with the largest number of the 1,084 high-value sales that have been recorded to date in 2022 are: Edinburgh (530); Glasgow City (70); East Lothian (65); Fife (56); East Renfrewshire (42); and finally Perth and Kinross (41). From these figures it can be seen that in 2022, the City of Edinburgh accounts for just under half of this sector of the housing market.

Transactions analysis

Figure 2 below shows the monthly transaction count for purchases during the period from January 2007 to November 2022, based on RoS (Registers of Scotland) figures for the Date of Entry (November 2022 totals are based on RoS Application dates).

The graph starts in 2007, which was something of an exception, with close to 150,000 domestic property sales in the calendar year. The 2007 sales total is the largest seen during the last 18 years, although the period from 2004 to 2006 came close, with an average 139,000 sales on an annual basis.

However, during 2008 the banking industry began to suffer its credit crisis, with home loans becoming difficult to obtain, especially for first time buyers. Accordingly, the number of housing transactions fell to approximately 70,000 per year over the period from 2009 to 2012.

Normality was slowly restored from 2013, with sales rising to a yearly average of 87,500 over the period from 2013 to 2015, rising to an average 102,000 sales per annum from 2016 to 2019.

The effect of the Covid pandemic – which started in March 2020 – can be clearly seen on the graph. Housing transactions in April 2020 plummeted with the arrival of the pandemic, to be followed by a slow rise in sales as confidence began to return. Then followed a period when sales exceeded previous levels, from September 2020, as lifestyle changes and the LBTT tax-holiday pushed up demand – especially for properties with space to allow for working from home.

Figure 2. The number of sales per month recorded by RoS based on entry date from 2007 – 2022

In Figure 2, three peaks can be seen after March 2020: in October 2020 (pent-up demand from the low transaction levels in 2020) and March and June 2021 (LBTT tax-holidays encouraging sales). In the first eleven months of 2022, transaction levels have averaged 8,635 sales per month, which closely matches the average 8,610 sales per month recorded in the first eleven months of 2019 – the last full year prior to Covid.

Heat Map

The heat map below shows the rate of house price growth for the 12 months ending November 2022. As reported above, 29 of the 32 local authority areas in Scotland have seen a rise in their average property values over the last year, the three exceptions being Aberdeen City, the Scottish Borders and Inverclyde. The highest increase on the mainland over the twelve months to November 2022 was in East Lothian at 14.7%. 10 of the 32 local authority areas had price growth of 10.0% or higher – three more than in October 2022.

Comparisons with Scotland

Figure 3. Scotland house prices, compared with England and Wales, North East and North West for the period January 2005-November 2022

Figure 4. A comparison of the annual change in house prices in Scotland, England and Wales, North East and North West for the period January 2020–November 2022

Scotland’s Eight Cities

Figure 5. Average house prices for Scotland’s eight cities from September 2021–November 2022

Figure 6. Average house prices for Scotland’s eight cities November 2022

ENDS