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Independent Scotland home values may drop 17.5%

Published Mon, Sep 15, 2014 · 10:00 PM
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[LONDON] Home prices in Scotland may fall by about 17.5 per cent, the same amount as during the financial crisis, if the country leaves the UK, Zoopla Property Group Plc said in a report on Monday.

Demand for homes may drop if a "yes" vote in the Sept 18 referendum on Scottish independence prompts businesses to move south of the border, the property website said. The average Scottish home is valued at £177,599 (S…

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