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Slater Hogg owner plans return to stock market

Countrywide Holdings, the estate agent that counts Scotland's Slater Hogg & Howison among its high street brands, plans to return to the stock market after an absence of six years.

Chief executive officer Grenville Turner cited signs that sentiment was improving in the "broadly flat" housing market as Countrywide unveiled its flotation plans yesterday.

Meanwhile, David Mackie, regional executive of the National Association of Estate Agents in Scotland, said the housing market north of the Border was moving more freely, but added that it was largely being driven by investors buying to let at the lower end.

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