Tag: Glasgow
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Beware Fraudsters Targeting Student Accommodation
Fraudsters are taking advantage of the limited supply of student accommodation by posting fake listings online, according to recent data. With a significant increase in rental scams reported in 2023, it is crucial for potential investors to be wary of fraudulent schemes. The National Association of Property Buyers (NAPB) and Gumtree have joined forces to…
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The Most Profitable Places for Landlords
The UK property market is constantly changing and influenced by various factors such as the economy, politics, and regional considerations. For landlords looking to invest in buy-to-let or rental properties, the location is crucial in determining profitability. It’s not just about rental yields, but also capital appreciation, tenant demand, and local amenities. Currently, some of…
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Scottish Housing Market Still Strong
According to research conducted by estate agent DJ Alexander, the Scottish property market remains buoyant despite rising mortgage rates. The number of properties advertised for sale has increased significantly in various parts of Scotland. In Inverness, the number of homes for sale has risen by 83% year-on-year in August, while Dundee has seen an increase…
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Student Housing – Which Areas have Biggest Shortfall?
There’s a shortage of rental properties all over the UK, and the student rental market is feeling this pinch even more. The numbers paint a clearer picture: Why is this happening?There are a bunch of reasons. The big ones include: How are students feeling about it?They’re pretty worried! Half of the students in a recent…
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High Demand for Rental Homes in Scotland
In July, Scotland’s biggest letting agency, DJ Alexander Ltd, received a record 39,400 viewing requests for rental properties in Edinburgh and Glasgow. This is the highest demand they’ve seen in their 41 years of operation. Why is this a concern? What does the expert say? What can be done? Conclusion:
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Record Student Numbers Fuelling Demand for Lets
An increase in the number of students is combining with a reduction in the number of houses to rent, according to research by Savill’s in University cities. Toby Parsloe, research analyst at Savills, said, “The UK has a record 2.3 million full-time students, 91,000 more than last year. UCAS applications have remained elevated since the…
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Scotland – Where Are House Prices Falling Fastest?
A report in The Scotsman looks at house prices in Scotland, focusing on the 13 areas where prices are decreasing more quickly. The report shows that in 2022, a lot of areas saw a sharp rise in house prices, with 173 locations showing an average price increase of 20% or more compared to the previous…
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House Prices Still Rising in Scotland
Estate agents DJ Alexander, and Rettie & Co, have published their latest analysis reports on the Scottish market. Summary of Scottish House Prices and Investment Landscape 1. General Trend in House Prices: 2. City-Wise Analysis: 3. Regional Variations: 4. Types of Properties: 5. Market Sentiments: 6. Investor Sentiment towards Private Rental Sector (PRS) & Build-to-Rent…
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Increase in Rental Costs for Students
There’s been a surge in rental costs for student accommodation outside London, now averaging £10,227 per year. This is more than the maximum maintenance loan of £9,978 that students can access, making it challenging for those, especially from poorer backgrounds, to afford living expenses. High Demand & Limited Supply There’s an intense demand for student…