Property System

Scotland also has its own property system.

Buying and selling property in Scotland is different from the rest of the UK.

The process of conveyancing (buying and selling property) is unique.

The essential feature of the Scottish system is that property is offered for sale at a 'fixed price' basis or more usually, on an 'offers over' basis.

If the property is offered for sale at a fixed price, the first party to lodge an offer at the stated price is generally successful.

The majority of properties are offered for sale on an 'offers over' basis.

Purchasers are invited to offer for the property at a price above the offers over price. If there is competition for the property the seller will generally sell to the person who offers the most money.

Find out more about buying property.