finance

Galbraith appoints head of Scottish Borders team in new Kelso office



Scottish property consultancy Galbraith has appointed Mark Paton as head of the firm’s residential division for the Scottish Borders.

He will be replacing Alex Inglis, who is retiring after 30 years as head of the Scottish Borders team.

Paton will be responsible for residential agency, estate and country house sales at its newly-opened Kelso office.

Paton said: “Our new hub office for the Scottish Borders will serve customers and prospective buyers and sellers from across the region.”

Simon Brown, partner and head of Galbraith’s residential division, said: “We would like to thank Alex Inglis for his outstanding service to the firm and wish him a very successful retirement.

“This appointment and the opening of the new office demonstrates Galbraith’s commitment to the Scottish Borders and signals a significant move to advance the firm’s residential services as there is every indication the market will enjoy continued growth next year.”

Galbraith also reports that the market for country houses has remained buoyant throughout 2021, with houses often selling in the region of 15% to 20% over the asking price, with multiple offers received at closing dates.

In some instances, properties have sold within less than a week of being launched for sale on the open market.

The indications are that this level of activity will continue into 2022, driven by a combination of high demand for rural property and a lack of supply.

Galbraith handles the sale of properties valued at £55.4m on average per quarter across its network of 13 offices in Scotland and the North of England.

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