Year: 2016

Edinburgh Buy To Let – Guide To Success

Jul

As Edinburgh’s leading buy to let specialists we are here to advise and guide you on every aspect of buy to let.

As an investment, buy to let has been historically safe and provided an excellent financial return over the long term whilst out performing other investment classes.

We help investors find the right property in the right area to maximise yield and capital growth and advice on buy to let mortgages, refurbishment options, compliance considerations and offer expert buy to let legal advice using our in house solicitors.

Invest for Solidity & Growth

Jun

The last 12 months, to June 2016, enforce why Scotland’s Capital is the places to invest for solidity and growth.

The average sale price now stands at £234,912 representing a year on year growth of 6.8% from £220,038 in June 2015.
76% of sales now achieve Home Report valuation representing a year on year growth of 15.1% from 66% in June 2015.
City centre 1 bedroom flats now average £144,5519 representing a year on year growth of 7% from £135,105 in June 2015.
City centre 1 bedroom flats now achieve 104% of Home Report valuation.

Buy to Let Stamp Duty

May

As of the 1st April 2016 the Scottish Government implemented a 3% stamp duty surcharge for those buying a buy to let property investment. This is in line with the rest of the UK and whilst an additional cost supplement is far from welcome we have always advised that buy to let should be viewed as a long term investment. Read More..

Where to Invest in Edinburgh?

Apr

Central 1 bed flats have formed part our own investment strategy for the last 20 years and we have constantly recommended these as an entry level for any would be investor. Tenant demand is constant due to Edinburgh having a large transient population and of course the increasing number of single person households.

Gorgie/Dalry is one area we have recommended for the last few years. When the first time buyer and investor market shrunk in 2008 prices in the area dropped by up to 30%. Since then we have seen a slow steady increase in prices with year on year price growth currently 6.5%.

The average price in the area is now £114,406. This is still way short of the £127,000 peak in 2007 and for that reason we are still actively promoting the area to investors who will see constant tenant demand and gross rental yields of 6.5%.

If you would like further advice on where and how to invest in Edinburgh then do get in touch.

Landlords Rush to Beat Stamp Surcharge

Mar

Buy to Let landlords determined to complete purchases before a new tax surcharge comes into effect in April are piling into the UK housing market, according to the Royal Institution of Chartered Surveyors.

The fresh data lends weight to the concerns of many economists that chancellor George Osborne’s decision to leave a window before the new tax rate applies risks distorting the housing market this year.