Tag: Edinburgh
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Scottish House Prices – Where’s Cheapest and Most Expensive?
Thinking of buying or selling a house in Scotland? The Registers of Scotland (ROS) has crunched the numbers, revealing the average house prices across the country. Cheapest Places to Buy in Scotland Looking for a bargain? Head to Inverclyde! It boasts the lowest average house price in Scotland at just £107,108. That’s a steal compared…
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Edinburgh’s Short Lets Crackdown – Is It Working?
Edinburgh’s controversial short-term let licensing scheme is facing a review this summer, and it could mean big changes for Airbnb hosts and short-let landlords. What’s Happening? The council is holding a public consultation on the current short-term let licensing scheme. This comes after a decision last year to review the policy after a year in…
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Edinburgh Tops Property Hotspots for Middle East Investors
Edinburgh has overtaken Manchester and Sheffield as the most sought-after location for Middle Eastern property investors, according to new data. New research from international property investment company IP Global reveals a surge in interest from Middle Eastern investors looking to buy in the Scottish capital. Inquiries from venture capitalists in the Middle East jumped from…
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Short-Term Let Profits Drying Up?
Is the party over for holiday let landlords? New research shows that while the number of holiday lets is booming, the number of people booking them is dropping, meaning many landlords could be facing a financial headache. It seems that many landlords have been drawn to the promise of higher profits from holiday lets. Over…
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Edinburgh Detached House Prices Soaring
Are you dreaming of owning a detached house in Edinburgh? You might need to win the lottery. The price of detached homes in Edinburgh has gone absolutely bonkers, shooting up by nearly £1,500 every single week over the past year. Detached Homes – A Big Jump According to DJ Alexander, Scotland’s biggest estate agency, the…
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Up To 50 Potential Renters Are Battling for Every Home in These Areas
New data reveals that in some UK rental hostpots, there are up to 50 people competing for every single property. Luton is the worst offender, with a whopping 49 people vying for each rental property. Reading, Sheffield, and Newcastle aren’t much better, with 48 people competing for every listing. These towns and cities are also in the…
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Scottish Office Stocks a Golden Opportunity for Investors?
In recent times, the commercial investment market has seen its fair share of ups and downs, heavily influenced by various macro-economic factors. This trend has been particularly notable in the office sector, which witnessed a significant drop in transaction volumes last year due to a lack of confidence among investors and an uncertain economic environment.…
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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…
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Scottish House Prices Show Modest Growth and Market Resilience
The latest housing market update from Walker Fraser Steele and Acadata shows Scottish house prices have seen a slight annual increase of 0.4%, reaching an average price of £220,736 as of February. However, this represents a minor monthly decline of 0.2% from January’s average of £221,130, indicating a somewhat volatile start to the year in…
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UK Housing Hotspots – Glasgow, Edinburgh, and Leeds Lead the Way
Certain cities have emerged as the leading lights for UK property sales recently, with Glasgow, Edinburgh, and Leeds topping the list. According to a recent analysis by Lomond, based on government data, these cities have shown the most robust performance in the property market over the past six months. Glasgow Glasgow, Scotland’s largest city, has…