Tag: Edinburgh
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Yorkshire Hottest for Property Investors as House Prices Soar
Forget London and Manchester, it’s Yorkshire stealing the show for property investors! Since December 2021, when the Bank of England started raising interest rates, the average UK house price has risen by a respectable 7%, reaching £288,120. However, some cities are absolutely booming, and Yorkshire is leading the charge. Sheffield takes the crown, boasting a…
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UK Renters Are Struggling to Cope
New research shows that tenants across the UK are struggling to afford their rent, with many spending a huge chunk of their income just to keep a roof over their heads. This isn’t just a London problem – it’s a nationwide crisis that’s leaving many renters with little left for essentials like food and bills.…
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Scottish House Prices Dip in June but Remain Higher Than Last Year
The average house price in Scotland dipped slightly in June, but don’t panic just yet! The latest figures from Walker Fraser Steele show a 0.7% drop, bringing the average price down to £223,923. This is the first time we’ve seen a monthly decrease since March. But here’s the silver lining: prices are still up a…
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Student Housing Crisis – A Goldmine for Developers?
The student housing market in the UK is in a state of chaos, and it’s a situation that’s set to benefit developers. With soaring demand and a dwindling supply of affordable accommodation, the pressure is on to find a place to live, especially in popular university cities like Bristol. This could be a golden opportunity…
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Edinburgh Office Rents Soaring
Edinburgh’s prime office market is heating up, with rents hitting their highest point in almost a decade. The main driver behind this surge is the “flight to quality” – businesses are ditching the old, tired office spaces and opting for swanky, modern digs in prime locations. Since the pandemic, companies are looking for spaces that…
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Edinburgh Tops UK Property Investment Charts and Manchester Surges
Edinburgh has retained its crown as the UK’s hottest spot for property investment, with Glasgow hot on its heels. Meanwhile, Manchester is making waves down south, snatching the top spot in England. A new report by property experts Colliers has revealed that Scotland’s major cities are continuing to attract serious investment. The report, which analyses…
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Sandbanks Tops the Charts for the UK’s Highest Seaside House Prices
Dreaming of a house by the sea? Be prepared to splash the cash in Sandbanks, Dorset! New research from Rightmove has crowned Sandbanks as the UK’s most expensive coastal area, with homes there fetching an eye-watering average of £1,582,331. Luxury Living Along the Dorset Coast The study, which crunched the numbers on over 200 coastal…
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Edinburgh House Prices Set to Soar as Experts Predict ‘Inevitable’ Growth
Good news for Edinburgh homeowners, but buyers could face being priced out, warn experts. Edinburgh’s soaring house prices are showing no signs of slowing down, according to property experts DJ Alexander. This comes as no surprise, as Edinburgh has seen a huge 10.2% population surge in the last decade, fuelled by an influx of skilled…
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Scottish Prime House Prices Cooling but Set to Rise Again Soon
Good news for sellers, prices are set to rise again soon – but buyers are starting to get more for their money in some areas. Here’s the latest on luxury house prices in Scotland. The good times in the luxury homes market in Scotland might be coming to an end – for now at least.…
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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…