Scotland strong for private wealth investment?

Private wealth investment in Scotland might be favourable for those seeking good returns on assets, as a new report shows it was among the areas of the UK that saw the most significant increase in property prices in the years leading up to the recession.

Gary Styles, strategy, risk and economics director at Hometrack, commented on the narrowing value gap between the north and south in the decade before 2009, saying: "Housing has performed very well over the last ten years and indeed over the last 20 years."

And those with private wealth may have benefited from the appreciating investments.

However, Scottish property might have offered even greater returns, as a recent report from the Halifax showed house prices in the country were third in terms of increases, ballooning by 145 per cent over the period in question.

By contrast, the south-east and Greater London - sometimes considered to offer the best returns on private wealth investment - only grew 100 and 109 per cent respectively. ADNFCR-2318-ID-800016868-ADNFCR