Category: Edinburgh Property News

New Heights In Central Belt Power Scottish PRS To Positive Growth

The Scottish PRS reached a new record high in Q2 2017 with average rents up 1.5% year on year (YOY) to £789 on average. Growth was materially underpinned by continued strong uplift in the key conurbations of Edinburgh (5.2%) and Glasgow (5%), where markets have reached respective all time highs, and with reduced drag from …

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Delivering Mid Market Homes to North Edinburgh

In these challenging times, where house prices are on the rise and the housing supply continuously fails to meet the demand, Port of Leith Housing Association (POLHA) is on the way to deliver. Their areas of focus are Leith and North Edinburgh and the ambition is to provide affordable, high quality communities that are well connected, mixed …

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Short Term Gains?

Short term lets seem to be flooding Edinburgh city centre and it is estimated that around half of the homes in the EH1 postcodes will be holiday lets by 2050 – a new study by the Scottish Green Party has revealed. The scale of this growing trend is causing concerns and calls for more regulation …

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Zero Sum Game – Citylets Market Report Q1 2017

The Scottish PRS continues to prove very robust to geopolitical change as it plots a predictable path in Q1 2017. Competing forces from the central belt and Aberdeen result in a (near) zero sum game at just 0.1% YOY national growth. Rents in Aberdeen have indeed fallen to national average, as suggested in our last report, …

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Edinburgh Rental Market up 28% in 5 years

The Edinburgh rental market has sustained a steep upward trajectory towards £1000 per month since Q4 2013. Average asking rents now stand at £986 per month as at Q2 2016, up 6.8% from a year ago. Positive annual growth has been recorded in the capital on consecutive quarters for over 3 years and with a …

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Edinburgh Rents Press On Towards £1000

Average asking prices for property and flats to rent in Edinburgh maintain their march upwards towards the £1000 mark, with rents up 6.6% on the year to stand at £972 at Q1 2016. 1 bed properties rose a full 9.5% to stand at £678 per month on average whilst 2 bed properties rose 5.5% to …

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