£1m house sales go through the roof

IT HAS been a tough year for most Scots, with the VAT rise, soaring petrol prices and government cutbacks set to make 2011 even more of a struggle.

• This house in Dick Place shows buoyancy in the Edinburgh market

But for the super-rich, signs are emerging that things are on the up - at least when it comes to the housing market.

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Surprising new figures have revealed that million-pound property sales in Scotland have soared by almost half in the past year, suggesting that the wealthy are once again finding the confidence to enter the property merry-go-round.

Figures released by Savills show 136 homes worth 1 million or more were sold between January and November 2010, compared to only 97 during the same period in 2009 - a rise of 47 per cent.