What is the house price forecast for Scotland in 2022?

This is a collaborative post. The UK has seen an exceptional rise in house price growth across the board in the last 18 months with an annual increase of 13.2% to June 2021. Growth remained high in the last quarter of 2021 also, with an annual rise of 10.8% in December 2021. The reason for this increase in house prices is primarily that the demand for property is outstripping supply. However, the availability of mortgages at favourable rates and government incentives such as the temporary increase to tax thresholds for those buying land or property have also played their part. …