Tag: Aberdeen
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House Prices Still Rising in Some Areas
Although recent data indicates a national downward trend in house prices, the devil, as they say, is in the details. Nationwide and Halifax, two leading mortgage lenders, have reported that property values have decreased by 5.3% and 4.6% respectively since their peak last summer. However, official figures from the ONS / Land Registry, based on…
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Scotland’s Rent Control Loophole: Impact on New Tenants and the Wider UK Rental Market
The housing market in the United Kingdom has seen significant fluctuations in recent years, and a recent development in Scotland’s rent controls has raised eyebrows and concerns among tenants and property investors alike. A loophole in Scotland’s temporary rent controls has resulted in new tenants facing some of the largest rent increases in the UK,…
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Mixed Fortunes for Northern Cities
If you’re considering property investment in the north of England, it’s important to be aware that not every city is equally attractive to investors. Recent research conducted by property consultancy firm Barrows and Forrester has revealed that while there is still capital appreciation in most northern cities, one notable exception stands out. This article will…
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“Bulletproof Edinburgh” Supporting Scottish House Prices
Leading Scottish Estate Agent, David Alexander, sums up the market in The Scotsman. The housing market in Edinburgh is defying expectations and remaining resilient, despite fluctuations seen in other parts of Scotland and the rest of the UK. The recent sale of two houses in Moray Place for a staggering £4.8m and £4.9m highlights the…
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Aberdeen is Most Affordable Place to Buy a House
As property prices continue to rise across the UK, finding an affordable city where one can own a home becomes increasingly challenging. However, a recent study by mortgage broker L&C Mortgages has revealed that Aberdeen has emerged as the most affordable city to own a home. With average prices at £139,551 as of May 2023,…
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Scottish Housing Market Still Strong
According to research conducted by estate agent DJ Alexander, the Scottish property market remains buoyant despite rising mortgage rates. The number of properties advertised for sale has increased significantly in various parts of Scotland. In Inverness, the number of homes for sale has risen by 83% year-on-year in August, while Dundee has seen an increase…
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House Prices Still Rising in Scotland
Estate agents DJ Alexander, and Rettie & Co, have published their latest analysis reports on the Scottish market. Summary of Scottish House Prices and Investment Landscape 1. General Trend in House Prices: 2. City-Wise Analysis: 3. Regional Variations: 4. Types of Properties: 5. Market Sentiments: 6. Investor Sentiment towards Private Rental Sector (PRS) & Build-to-Rent…