Category: Edinburgh Property News

LAR’s First Residential Conversion

A former commercial building at Westwood House, Edinburgh has been transformed into residential properties available for mid-market rent. This new housing development marks LAR Housing Trust’s first commercial to residential conversion and it’s the biggest deal to date since the charity’s launch in October 2015. LAR’s first venture into Edinburgh “This is a significant moment …

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New Supply of Mid-Market Homes in Glasgow by GHA

Mid-market rent homes provider Glasgow Housing Association (GHA) delivered nearly 100 new affordable homes in Glasgow. Two developments, Bell Street Stables in Merchant City and Batson Street in Govanhill, are new additions to the GHA’s portfolio of high quality, much-needed affordable homes in Scotland’s biggest city. Bringing old and new together Once home to working …

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Mixed Signals

Rents in Scotland’s private rented sector (PRS) continued to edge upwards in the first quarter of the year despite the political landscape which has impacted markets in other sectors. The average property to rent in Scotland rose 1.7% to stand at £793 per month. 1 and 2 bed properties charted a familiar course both recording …

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Increasing Numbers of Families Calling Scotland’s PRS Home

Scotland’s private rented sector (PRS) continued to rise, up 5% year on year (YOY), according to the latest Citylets Rental Report Q4 2018. Strong demand for properties of all sizes in major cities underpinned growth, with larger 3 and 4 bed properties posting the steepest gains as an increasing number of families settle in the …

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Mid-Market Homes Fill the Void

With the increasing cost of renting in Edinburgh, where average rents stand at £1095 as at Q4 2018 according to the latest Citylets Rental Report, the need for more affordable housing has never been greater. Port of Leith Housing Association and Persevere Developments just recently celebrated completion of 43 new mid-market homes, forming part of …

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Glasgow Lion

The Scottish Private Rented Sector recorded another annual rise as at Q3 2018 with rents up 2.2% to stand at £789 per month on average. Continued demand for properties of all sizes pushed rents higher with 4 bed properties, as per previous two quarters of 2018, recording the steepest annual growth at 5.5%. The average …

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