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Demand for bungalows doubles in Scotland as property firm reports £300 million in sales
Summary
Thorntons Property sold 1,341 homes in 2025 worth more than £300 million, an 8% rise on 2024, and reports demand for bungalows has doubled.
Content
Thorntons Property reports an 8% rise in house sales in 2025 and says demand for bungalows has doubled over the past year. The firm sold 1,341 properties in 2025 valued at more than £300 million, up from 1,240 in 2024. During the year it expanded its operations and opened an Inverness-based sales team in April 2025. Thorntons now says it has a presence in 11 areas across Scotland, including Edinburgh, Dundee, Angus, Fife and Perth.
Key details:
- Thorntons sold 1,341 properties in 2025, valued at more than £300 million, compared with 1,240 in 2024 (an 8% rise).
- The firm reports that the number of clients seeking bungalows doubled over the past 12 months and that bungalow sales often go to a closing date.
- Thorntons opened an Inverness sales team in April 2025 and says it now operates in 11 Scottish areas.
- The managing director, Peter Ryder, noted an uplift in first-time buyer activity and cited research saying first-time buyers now make up almost two fifths of UK sales versus 28% ten years ago.
- Ryder projected a possible price uplift of around 3% to 4% in Scotland for 2026 and described improving mortgage options and lower inflation as contributing factors.
Summary:
Thorntons attributes its higher sales and the rise in bungalow demand to business expansion and broader market improvement, noting stronger first-time buyer activity. The firm reports expectations of modest price growth in 2026 based on changing mortgage availability and lower inflation, while other outcomes remain undetermined at this time.
