The Elite Ayrshire Business Circle

The Elite Ayrshire Business Circle

Friday, 12 February 2016

Ayrshire property market continues to prosper

The Ayrshire property market continues to prosper according to latest figures released by Scotland’s leading independent property consultancy, CKD Galbraith.


[Pictured: Bob Cherry, partner and head of 
residential sales at CKD Galbraith’s Ayr office.]

The firm’s regional office located in Ayr town centre has reported an increase in the volume of property sales and an increase in the average value of property sold during the final quarter of 2015 (Q4 Oct – Dec 2015) compared to the previous quarter as well as being up on the same quarter of 2014.  

CKD Galbraith’s Ayr statistics from the final quarter of 2015 (Q4 Oct - Dec 2015) show:

The number of properties sold during this period was up two fold compared to Q4 of 2014.
The average value of property sold rose to £381,000, up by 39.8% compared to the final quarter of 2014. 
Property in the area sold, on average, almost three months quicker than the previous quarter. 

The increase in CKD Galbraith’s Ayrshire property sales reflects the latest figures recorded by Registers of Scotland (report published 2 February) which outlined that from October to December 2015 East Ayrshire sales increased by 20.3%, North Ayrshire sales rose by 19.3% and South Ayrshire sales were up 5.9%, in comparison to the same quarter the previous year.  

Bob cherry, partner and head of residential sales at CKD Galbraith’s Ayr office said: “The Ayrshire property market has continued to show positive results throughout the final quarter of 2015 with our sales figures increasing steadily. 

“Local buyers continue to dominate the Ayrshire market with increased competition and gradual improvements which is to be expected as we move into a new year and activity naturally increases. Despite the market having endured some significant changes over the last year, with the introduction of the LBTT and the 3% levy on second homes coming into play this April, we are witnessing an encouraging picture in Ayrshire so far for the start of 2016, which should be enhanced further as we approach the prime Spring selling period.”

There were also positive signs in the Ayrshire lettings sector.

Marjory Douglas, of CKD Galbraith’s lettings department in Ayr, said: “We are greatly encouraged by our findings for the final quarter of 2015, indicating continued strength in the Ayrshire rental sector. There has been an encouraging increase of 25% in the number of properties let this quarter compared the previous quarter. Demand for high quality lets is still outstripping supply and with the 3% levy soon to be introduce now is the time to act if you have been considering investing in a buy-to-let property.

The latest Registers of Scotland report also outlined that from October to December 2015, the total volume of residential property sales in Scotland increased by 14.5% compared with the same period in the previous year. The average property price in the quarter was £167,734 an increase of 1.6% compared to the previous year.

CKD Galbraith operates a network of regional offices located throughout the country and figures for the firm as a whole, over the same period, reflect this national trend with a 17% increase in the volume of sales achieved in comparison to the same period last year and the average value of property sold by the firm being £384,000, an increasing of 19.8% on the same quarter of 2014.

About CKD Galbraith

CKD Galbraith is an independent property consultancy employing 225 staff in offices across Scotland including Edinburgh, Stirling, Perthshire, Cupar, Inverness, Castle Douglas, Ayr, Elgin, Galashiels, Kelso, and Aberdeen, offering local knowledge, national expertise and enjoying international reach.

The firm is Scotland’s largest and leading rural consultancy managing and providing advice on farm, forestry, land and estate interests on over three million acres.  CKD Galbraith provides the full range of property consulting services across the residential, commercial, rural and renewable energy sectors throughout Scotland and northern England. The partnership also enjoys a successful relationship with its associate firm in London, CKD Kennedy Macpherson.


CKD Galbraith’s Ayr Office is a Founder Member of the Elite Ayrshire Business Circle.


Tuesday, 9 February 2016

Communities to ‘bear the brunt’ as South Ayrshire Council accepts finance settlement

South Ayrshire Council Leader Bill McIntosh has said local communities will bear the brunt of the financial position the Council faces as the result of the Scottish Government’s Local Government Finance Settlement for 2016-17.


Councillor McIntosh (pictured above) was speaking as the Council confirmed its acceptance of the settlement and the terms of the agreement – including continuing the Council Tax freeze for another year, subject to agreement of Councillors when the final budget is set.

He said: “Like many colleagues across the country, we have no choice but to reluctantly accept this brutal settlement from the Scottish Government, which will undoubtedly have dire consequences for our finances and the services we currently provide.

“The Scottish Government has made a very clear choice to allocate its funding in a way that lets the axe fall on local government and this means it’s our people and communities who will bear the brunt. 

“Councils have been placed in an impossible position by the Scottish Government, and it’s only because the alternative would make our financial position even more untenable that we have accepted this settlement and we have made that clear to Mr Swinney.

“We’ll be setting our revenue and capital budgets for 2016-17 on Thursday 3 March and there’s no doubt Councillors will need to make some very difficult decisions indeed as we work to find millions of pounds of additional savings.

“Our focus in setting our budgets has always been to protect vital frontline services and protect jobs, and we’ve been very effective in achieving that while minimising the impact on the people we serve.

“However, there’s only so much trimming and tweaking that we can do, so we’re looking long and hard at the services we provide and considering if we can afford to keep delivering in the same way.

“Undoubtedly, we’re going to have to take the kind of decisions we have purposely worked hard to avoid until now – stopping services, reducing services, or delivering services in a very different way.

“Councillors will agree what this means in practice at our budget meeting on 3 March and, regrettably, our communities will need to be prepared for the harsh reality of the impact of the Scottish Government’s actions.”

South Ayrshire Council is a Founder Member of the Elite Ayrshire Business Circle.


Monday, 8 February 2016

CKD Galbraith offers for sale a peaceful country house on the banks of Martnaham Loch in Ayrshire

Leading independent Scottish property consultancy CKD Galbraith is offering for sale Cloncaird, a beautiful country house situated within its own grounds of some 7 acres on the shores of Martnaham Loch.


The property is just a few minutes outside Ayr yet is tucked away from sight offering a unique level of privacy and tranquillity.   


Martnaham Loch is a freshwater loch, part of which is designated as a site of special scientific interest because of its rich botanical flora including white and yellow water lilies and Canadian pondweed. Many rare birds have been sighted on the loch including ring necked duck and Smew. During the winter months the loch is visited by flocks of Teal and in the surrounding fields flocks of Greylag geese and whooper swans gather.  

The property itself was created on the site of the original cottages in 1983 at Cloncaird and has well-proportioned rooms. 


The imposing double height hallway with galleried upper level provides access to the main reception rooms which have southerly views.  


The drawing room has triple aspect windows which not only afford wonderful views of the surrounding gardens but enhance the natural light.  


The kitchen/living room at the heart of the house with beamed ceiling is stylish and no expense has been spared in the luxury appliances.  

The master bedroom suite has a dressing room and ensuite shower room and there are four further bedrooms, a dark room for photography developing or other hobby pastimes.  There is a garden room adjacent the house which could be used as a gym or for indoor/outdoor entertainment.   


The house is surrounded by mature, landscaped gardens which include a variety of shrubs and trees providing shelter and year round colour. 


There is a pony paddock with field shelter which has been divided into three loose boxes. A separate outbuilding has been subdivided into a stable and tack room, dog kennel with run, boiler house, wood store and oil tank store.   

Offers Over £590,000 are being sought. 

PDF available on www.ckdgalbraith.co.uk

About CKD Galbraith 

CKD Galbraith is an independent property consultancy employing 225 staff in offices across Scotland including Edinburgh, Stirling, Perth, Cupar, Inverness, Castle Douglas, Ayr, Elgin, Galashiels, Kelso, and Aberdeen, offering local knowledge, national expertise and enjoying international reach. 

The firm is Scotland’s largest and leading rural consultancy managing and providing advice on farm, forestry, land and estate interests on over three million acres.  CKD Galbraith provides the full range of property consulting services across the residential sales and lettings, commercial, rural and renewable energy sectors throughout Scotland and northern England. The partnership also enjoys a successful relationship with its associate firm in London, CKD Kennedy Macpherson.

To find out more about CKD Galbraith visit www.ckdgalbraith.co.uk

CKD Galbraith’s Ayr Office is a Founder Member of the Elite Ayrshire Business Circle.