The Daily Telegraph speaks to Strutt & Parker partner Robert McCulloch on the Scottish property market stalling pre-referendum. "I would be surprised if any agent does any business in September. Ordinarily it is the most active period for us; we log a lot of sales. But the market is very, very cautious. There are so many uncertainties. It is difficult for any potential purchaser to know what to believe…. The fact is no market thrives on uncertainty,” says Mr McCulloch. Separately, the Daily Mail reports on the same subject, quoting Mark Coulter of Coulters estate agents who says: “Since August we've been getting noticeably far less calls and enquiries. You could have a flood of properties for sale as people jump ship to move to England.” Finally, the FT looks at the referendum’s effect on Scotland’s commercial property market. The paper notes that investors are moving hundreds of millions of pounds out of Scotland and adding “exit clauses” into commercial contracts to allow buyers to alter or scrap deals altogether if a Yes vote is registered.
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