Tag: Glasgow
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£20 Billion to be Invested – Build to Rent Market Heats Up
The Build to Rent (BtR) market has been growing steadily over the last decade, with £35 billion invested in delivering 100,000 homes. But the demand for private rental homes is sky-high. We need another million homes by 2031 just to keep up. Savills, a top property advisor, reckons we need £300 billion of investment to…
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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…
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Rent Prices Fall in Some Cities, But It’s Not Everywhere… Yet
While the cost of renting has been rising for years, there are signs that is changing in some parts of the country. New data from Zoopla shows that rents actually fell in six major cities in the first three months of this year. Where did rents drop? These falls are modest, and the overall picture is still…
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Rent Rises Slow Down – Is Landlording Still Worth It?
Landlords are facing a double whammy! Rent increases are slowing down, and it’s making some wonder if being a landlord is still a good investment. The latest research shows that rent increases have slowed to their lowest level in 30 months. This means landlords are making less money than before, and it’s all thanks to a…
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Slowing Rent Hikes: What’s Ahead for UK Rental Market in 2024?
The UK rental market is poised for a significant shift in 2024. After years of rapidly climbing rents, a new report from Zoopla forecasts a slowdown to just 5% growth this year. This change is largely attributed to evolving demand and affordability concerns, rather than an increase in housing supply, which remains a crucial issue…
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Inverclyde Property Prices Rise Beyond National Averages
House prices region of Inverclyde have surged dramatically, catching the eyes of homebuyers and investors alike. According to recent analysis by property experts Walker Fraser Steele, the average property price in Inverclyde as of March stood at an impressive £161,424. This figure marks a significant increase of 5% just from February, when the average was…
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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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Hotspots for Landlords – the UK’s Top Investment Postcodes
Landlords are continually on the hunt for properties that promise the best returns through rental income and potential house price growth. However, the choice between focusing on immediate rental yields versus long-term capital appreciation can define an investment strategy. Investors primarily look for properties that can generate substantial rental income and appreciate in value over…
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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…
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Dream Homes for Less – UK’s Most Affordable Towns Revealed!
Analysis by Zoopla has revealed some surprisingly affordable gems where buying a home won’t break the bank. Zoopla’s comprehensive study looked at house prices and local salaries across over 1,000 towns to pinpoint where you can get the most house for your pound. The town of Shildon in County Durham steals the spotlight as the…