Property sales driven forward in Galloway

editorial image

Property sales across Dumfries and Galloway are being driven forward by demand for quality rural homes and strong interest from English buyers according to Scotland’s leading independent property consultancy, CKD Galbraith.

CKD Galbraith’s Castle Douglas office has reported growing interest from across the UK, with rural homes in good condition and with a small amount of land in particularly high demand.

David Corrie, head of residential sales at CKD Galbraith’s Castle Douglas office, said: “Demand is high and rural ‘lifestyle’ properties across the region are extremely sought after.

“The Dumfries & Galloway market attracts an increasing volume of buyers from England seeking a good quality of life and value for money on the scenic Solway coast.

“Supply and demand in Dumfries and Galloway remains steady with property viewings increasing by 11% during the first three months of the year compared with the final quarter of 2015.

“Buyers are quick to act when good quality properties with land appear on the market and we expect momentum to grow over the coming summer months. The market remains price sensitive, but willing sellers will attract willing buyers.”

The Dumfries and Galloway lettings market has also experienced a positive first quarter.

Marion Currie, CKD Galbraith’s lettings manager for the region, commented: “Demand continues to outstrip supply in Dumfries & Galloway, with many tenants looking for long term homes rather than short term stop gaps.

“Tenants are seeking high quality properties with a view to securing a family home for the long term. So far this year, we are seeing more local families moving and upsizing within the area than tenants coming from outwith the region.

“With the sales market still very challenging for first time buyers and even second time buyers, we are experiencing a shift in focus amongst young couples and families opting to get the house they need now by renting rather than waiting for the opportunity to buy.”

CKD Galbraith operates a network of regional offices.