Million pound homes sales hit three year high

Barry Batchelor/PA

The number of property sales worth at least a million pounds has risen to its highest level since the peak of the housing market in Scotland in 2008, according to new research by Bank of Scotland.

There were 60 million pound property sales in Scotland in the first half of 2011 - the largest total since 2008 and 22 percent higher than in the same period in 2010. Across the UK, million pound property sales have increased by 10 percent over the past year.