Historic Scottish law firm reports surge in property division sales

Thorntons Property sold 1,341 homes in 2025, up 8% from 2024, with transactions totalling more than £300 million.

Thorntons Property, the estate agency arm of long-established Dundee law firm Thorntons, sold 1,341 properties in 2025, an 8% increase on 2024, with the homes changing hands for a collective value of more than £300 million. The business now employs about 60 people and opened its first sales team in Inverness in April 2025, giving it a presence in 11 areas across Scotland. Company leaders linked the rise in sales to broader increases in UK property transactions and to the combined legal and estate services the firm offers. They also reported growing interest from first-time buyers and more searches for bungalows in the past year. Key facts: - The estate agency sold 1,341 properties in 2025, up from 1,240 in 2024, and reported a collective value of more than £300 million. - Thorntons Property employs around 60 people and launched its first Inverness sales team in April 2025. - The agency said it now has a presence in 11 Scottish areas, including Edinburgh, Angus, Fife, Perth and Dundee. - Managing director Peter Ryder described a broader mix of buyers, from first-time flats to high-value homes, and noted the advantage of offering legal and estate services together. - The firm reported that searches for bungalows have doubled over the last 12 months and that first-time buyers now make up nearly 40% of transactions. - Mr Ryder projected a 3% to 4% uplift in Scottish property prices in 2026 and cited improving mortgage options and affordability as supportive factors. Summary: The article presents higher sales and regional expansion as evidence of Thorntons Property's growing reach and service breadth. Company comments link the trend to wider market activity, stronger first-time buyer presence and rising interest in bungalows. The firm expects steady housing stock and a projected 3–4% price uplift in Scotland in 2026, and it highlighted improving mortgage options as a supporting factor.