Major Scottish cities are benefiting from being the most popular places for young professionals to buy property.

Research by the Bank of Scotland found that the most popular location was the EH6 post code district in Edinburgh, in and around Leith.

A survey run by the bank identified four popular areas in Edinburgh, three in Glasgow and three in Aberdeen.

These make up the ten most popular areas, perhaps due to their being relatively cheap.

Nitesh Patel from the Bank of Scotland said: "Unlike in many other parts of Britain, young buyers in Scotland don't always have to pay a significant premium for a property to live in these areas. In fact, in many of the leading hotspots young professionals can benefit from prices that are lower than those in the city as a whole."


The bank found that most of the top ten areas, with the exception of the G12 post code in Glasgow, were cheaper to buy in than the Scottish average.

Mr Patel said cities were attractive to young professionals because they liked to be close to work or social lives.

He explained: "The typical profile of young professionals is that they tend to have university qualifications, are in well paid occupations and like to take full advantage of living in or close to the city, either for work or leisure purposes. Our analysis certainly supports this with areas within Edinburgh, Glasgow and Aberdeen identified as the leading hotspots for young aspiring urbanites."

(NE)