Tag: Edinburgh
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London Rents Fall – Third Time in a Row
Rents in the capital are heading downwards, with decreases seen every single quarter this year. This news, revealed by flatshare website SpareRoom, could be a sign that the once red-hot London rental market is finally starting to cool off. However, it’s not yet a national trend, as rents across the UK are still climbing –…
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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…
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North of the Border House Prices Soar! Average Scottish Home Now Costs a Record £200,000
Good news for sellers, but can first-time buyers afford to get a foot on the property ladder? The average price of a property in Scotland has smashed through the £200,000 barrier for the first time ever. That’s right, according to the latest figures from the UK House Price Index, owning a piece of Scotland now…
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Interest Rate Cut Sparks Rental Property Rise
The recent interest rate cut by the Bank of England has brought a sigh of relief to tenants. According to a new analysis by Zero Deposit, the number of available rental properties in 15 major UK cities has increased dramatically. Edinburgh and Glasgow Lead the Charge The analysis looked at the total number of available…
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Downsizing Dreams: Where to Find Your Perfect (and Affordable) Retirement Haven
Thinking of downsizing for a comfortable retirement? You’re not alone! It’s a big decision, and finding the perfect location to enjoy your golden years is crucial. The Daily Mail did some research, crunching the numbers to uncover hidden gems and retirement hotspots across the UK. Downsizing isn’t just about finding a smaller house; it’s about…
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Scotland’s House Prices Soar! Homes Jump £5,000 in Value
Thinking of buying or selling a property in Scotland? House prices have shot up by an average of £5,368 over the past year, leaving the rest of the UK trailing behind. That’s a solid 2.9% increase, according to the experts at DJ Alexander Ltd, one of Scotland’s biggest names in letting and estate agency. Scottish…
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Stoke-on-Trent: The Hot Spot for Student Landlord Profits!
Looking to make a smart investment and earn rental income? Then you need to check out Stoke-on-Trent! This city has just been crowned the top spot for student landlords seeking the highest yields on their property investments. That’s right, Stoke-on-Trent is the champion of student letting, offering landlords a 9.43% average yield! Stoke-on-Trent: A Student…
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Edinburgh Property Hotspots – EH3 and EH8 Top the Charts for Rental Returns
Thinking of becoming a landlord in Edinburgh? New data reveals the postcodes where you could earn the highest rental yields – and EH3 and EH8 are leading the pack. According to the latest figures from ESPC, covering April to June 2024, these two Edinburgh postcodes are a goldmine for buy-to-let investors. EH3: A Hit With…
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Edinburgh Slaps Short Lets with 5% Tax!
Get ready for a big change in the way you rent your property in Edinburgh. The council is putting a 5% “tourism tax” on every night you rent out your place through Airbnb, short let websites, or any other kind of short-term rental. This tax, which is set to start in the summer of 2026,…
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Rent Crisis – Saving for a Mortgage ‘Impossible’ as Rent Eats Up Wages
Soaring rents are making it nearly impossible for tenants to save for a home, with some renters forking out over 80% of their wages just to keep a roof over their heads. New research from PropTech firm Canopy has revealed the extent of the UK’s rental crisis, with many struggling to afford basic living expenses…