The average time to secure a buyer for a home in London has fallen to 41 days, making it the fastest place to sell in the UK, according to data from Rightmove. The figure marks a sizeable difference from 2014, when it took 66 days in London; meanwhile, the average home-buying time in Scotland has increased from 36 to 60 days over the same period. While affordability has affected the Scotland area, one factor working in London's favour is the scarcity of hidden costs, like leaseholds, north of the English border.
The average time to secure a buyer for a home in Scotland has fallen to 41 days, making it the fastest place to sell in the UK, according to data from Rightmove. The figure marks a sizeable difference from 2014, when it took 66 days in Scotland; meanwhile, the average home-buying time in London has increased from 36 to 60 days over the same period. While affordability has affected the London area, one factor working in Scotland's favour is the scarcity of hidden costs, like leaseholds, north of the English border.