Tag: Glasgow
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Glasgow’s Rental Market is Booming
The rental market in Glasgow is currently experiencing a remarkable surge, the likes of which haven’t been seen in nearly a decade. This trend is primarily driven by a significant shortage of rental properties, which is pushing both demand and rental prices to unprecedented levels. Let’s delve into the factors contributing to this phenomenon and…
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Scottish Property – A Beacon of Stability
Scotland’s property market is showing remarkable resilience and growth, setting it apart from the rest of the United Kingdom. According to DJ Alexander, a leading real estate agency, Scotland has emerged as an outlier in the UK property market, displaying impressive stability and upward price trends despite the prevailing economic headwinds. Record-Breaking House Prices in…
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Cities With Highest Student Rents
According to recent data from a joint study conducted by Unipol and the Higher Education Policy Institute (HEPI), rents for student accommodation have surged by a staggering 14.6% over the previous two academic years. To put that in perspective, the average annual rent across ten major regional university cities, namely Bristol, Exeter, Glasgow, Leeds, Liverpool,…
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Top Cities for First-Time Buyers in the UK
Aldermore Bank have launched their 2023 “Appeal Index” to evaluate which cities are best for first time buyers. It evaluates cities across the UK using 10 indicators split between two main categories: property and lifestyle. In an impressive show of consistency, Scottish cities, particularly Glasgow, have maintained their top positions on the Appeal Index. They’ve…
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Smaller University Towns Are Better for Student Landlords
Investing in student accommodation has long been considered a savvy move. However, recent findings suggest that setting your sights on smaller university towns could lead to even better returns. Surging Rental Yields in Student Accommodation The student housing market is showing promising signs, especially for landlords venturing into smaller university towns and cities. Paragon Bank’s…
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Scottish House Prices Rose 27% Since Pandemic
How much has the average house price increased in Scotland since the start of the pandemic? A whopping 27.4%! This increase, according to data released by DJ Alexander Ltd, Scotland’s largest estate and letting agents, underscores the robust performance of the Scottish property market over the past three years. The 27% increase in house prices…
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The UK’s Top-Rising Property Markets
House prices in the Yorkshire district of Calderdale, and some regions in close proximity to Glasgow and Edinburgh, are rising faster than anywhere else in the United Kingdom, according to recent figures. Calderdale’s Surprising Property Boom Located in the serenely beautiful Upper Calder Valley, Calderdale is a Yorkshire district that comfortably houses over 200,000 residents.…
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UK Student Housing: The Ballooning Rent Crisis
The situation for UK university students has taken a disconcerting turn as they confront “unprecedented rent rises.” The surge in demand for student housing, combined with a static maintenance loan value meant to support living costs, has thrown many students into a financial whirlwind. In stark numbers, rents have escalated by more than 8% this…
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Inflation-Beating Buy to Let Hotspots,
The Daily Mail looks at the figures for returns generated by buy-to-let properties around the UK, and rounds up some of the best. Are you considering investing in buy-to-let property? With rising mortgage rates, challenging regulations, and a less generous tax regime, many landlords are finding it increasingly difficult to make a good return. But…
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Student Accommodation Demand at All Time High
The demand for student housing is at an all-time high, and this has created a crisis in the sector. The need for new student rooms is currently the greatest it has been in several years, with a chronic shortage of student housing in certain cities. Unfortunately, the high demand is not likely to be met…