Stirling is the UK’s top city for buyer demand

26 January 2021 | General

UK buyer demand is currently the strongest in Stirling, followed by Bristol and Glasgow, PropCast research has found.

In Stirling out of the 327 homes for sale in this historic Scottish city, 75% are under offer or subject to contract.

Demand was lowest in Westminster, Aberdeen and Bangor, all of which have been dubbed sellers markets.

Some 36% of homes are for sale or under offer in London.

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.”

This post has originally been featured in Property Wire.