Category: Property

Repairing Shared Properties Made Easier

A new app designed to improve the condition of property in co-ownership in Edinburgh and all of Scotland has been launched. The Edinburgh City Council and its partner Novoville announced the release of a free app called Novoville Shared Repairs, which was born out of the Scottish Government’s CivTech Accelerator programme. The app is intended …

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Tenancy Worth £1.55m a Year

No, this is not a typo! A London property lets for £1.55m a year in what is believed to be a record rental deal. This new build townhouse mansion in Mayfair, called Culross House, has been rented by a 24 year old who paid £3.1m upfront to secure the tenancy. The tenant is said to …

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How Should the Next Government Support Scottish Housing?

Ahead of the Scottish Parliament elections in May 2021, Propertymark has written a manifesto outlining actions the government should take to improve the housing sector which can play a key role in the economic and social recovery after the pandemic. Propertymark is calling on the next government to: Support the regulation of estate agents and …

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Letting Agent to Walk, Run and Cycle from Scotland to America in Support of Mental Health Charity

An Edinburgh based residential property investment and lettings specialist, has pledged to cover the distance from Scotland to America using leg power in an effort to raise money for a Scottish mental health charity. Cullen Property’s team will run, cycle and walk virtually from Cullen in Morayshire to Cullen in New York State in a …

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Scottish Loan Schemes Extended as Eviction Ban Continues

As the deadline to apply for interest free loans approaches, the Scottish Government has announced that private landlords and tenants who have suffered financial difficulty due to the Coronavirus pandemic, can continue to benefit from the support past 31st March 2021. The extension of the Tenant Hardship Loan Fund and the Private Rent Sector Landlord …

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New Property Listings Decline as Average Selling Prices Rise

From December 2020 to February 2021 Edinburgh, the Lothians, Fife and the Borders experienced a 6.2% increase in the average selling price to £265,446 when compared with the same period last year. Significant year on year rises were recorded for properties in East Fife and the Borders, at 19.2% and 13.7% respectively. East Lothian saw …

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