Category: Edinburgh Property News

Market Cools as Citylets Report Hits 40

Hard to believe perhaps but it’s now 10 years since Citylets published its first quarterly report ‘Trends In Residential Lettings’. It has been very satisfying to see it evolve over the years to arrive at its current format. And of course for it to be accepted by the Lettings Industry as the de facto source …

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Central Belt Drives Scottish PRS Engine

Strong growth in Edinburgh and Glasgow continues to propel average Scottish rents upwards with chronic imbalance between supply and demand setting in within the central belt. The latest Citylets Quarterly Report to Q3 2016 shows average rents in Edinburgh have broken the £1000 per month mark for the first time and growth in Glasgow has …

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Mid Market Housing Coming to Edinburgh

Port of Leith Housing Association (POLHA) is planning to deliver over 480 new homes, including mid market housing, to Leith and North Edinburgh by 2020. To make this possible, POLHA has secured a unique deal which combines a £10m revolving credit facility (RCF) with Bank of Scotland and a £35m private placement (PP) with Canada …

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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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