Tag: Dundee
-
Rent Rises Cooling Off, Edinburgh Tenants Still Paying High Prices
Good news for landlords – rental prices are still going up, although the rental boom might be starting to lose steam. That’s according to the latest data from SpareRoom, which shows that rents rose by 4% in the year to September – the lowest increase we’ve seen so far this year. But, it’s worth noting…
-
Election Jitters Hit Scotland’s Commercial Property Market
It’s a well-known fact: uncertainty is bad for business. And right now, Scotland’s property market is feeling the jitters as the general election looms. New figures from property advisory firm Lismore Real Estate Advisors reveal that investment deals in Scotland’s commercial property market fell by 15% in the second quarter of this year. This means…
-
Edinburgh Property Prices Soar – Homes Gain Over £1,000 Weekly
In Edinburgh, detached homes are seeing an astonishing rise in value, increasing by more than £1,000 every week over the past year. This significant increase in property prices reflects broader trends in Scotland’s urban property markets, with Edinburgh leading the way. From March 2023 to February 2024, the average price of a detached home in…
-
Discover the Most Wallet-Friendly UK Cities for First-Time Home Buyers
Are you dreaming of owning your first home without breaking the bank? Recent data from Rightmove unveils the top cities where first-time buyers can make their home-owning dreams come true, all while keeping their finances in check. From affordable monthly payments to favorable renting comparisons, here’s everything you need to know about stepping onto the…
-
Scottish Home Prices Rise as the Rest of the UK Stagnates
Scotland has seen a significant increase in house prices, with average costs jumping by over £12,000 in just the last year. This growth starkly contrasts with the rest of the UK, where house prices have barely budged, and even decreased in some areas. According to the latest analysis by DJ Alexander, a leading lettings and…
-
Scotland and Northern Ireland Lead the Way in 2023’s Housing Market
Scotland and Northern Ireland have been crowned the year’s house price winners, outperforming their neighbors, England and Wales. Benham and Reeves, a London lettings and estate agency, conducted an in-depth analysis of house price growth across the UK. Their findings highlight Scotland’s impressive performance, with an average increase in house prices of 3.6%. This growth…
-
Northern Cities Lead in Buy-to-Let Returns
A recent Zoopla report has highlighted a significant trend in the UK’s property market: Northern and Scottish cities are now the prime locations for buy-to-let (BTL) investors seeking high returns. This shift is primarily due to increasing rents and decreasing house prices in these regions. Rising Rents and High Yields Zoopla’s analysis predicts a rise…
-
Dundee Emerges as a New Buy-to-Let Investment Hotspot in Scotland
Dundee has been identified as the new capital of buy-to-let investments in Scotland, surpassing the more traditional investment hubs of Glasgow and Edinburgh. This shift, brought to light by the property and legal consultancy Gilson Gray, highlights the transformation Dundee has undergone in recent years. Dundee, often known as the “City of Discovery,” is experiencing…
-
3 Buy to Let Investment Hotspots
Based on multiple factors including rental yields, educational achievements, and local amenities, Confused.com has identified the crème de la crème of UK investment locations. 1. Newcastle upon Tyne 2. Dundee 3. Aberdeen Starting Your Property Investment Journey: Tips to Get You Started Property investment is more than just picking a house and slapping a price…
-
Is BTL Only for Big Landlords Nowadays?
The UK property market has experienced a transformative shift over the past few years. No longer is it just about owning a home or two and collecting rent. Now, it’s about navigating a complex web of regulations, taxes, and financial instruments. The Telegraph looked into the journey of Sam Dyer, a successful property investor, to…