Investment Property News


Buy to Let Stamp Duty

04
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?

13
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

02
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.

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ESPC’s Annual Review

20
Feb

2015 was a positive year for those selling their properties, and it was the first year since the crash that the market shifted in favour of the seller. Sellers could now put their property up for sale with more confidence that they could meet their Home Report valuation and sell it in a faster time according to the Edinburgh Solicitors Property Centre.

The average selling price in east central Scotland increased by 5.6% in 2015, compared with 2014, although there were peaks and troughs as we saw a rocket in house prices in the first quarter, as a result of Land and Buildings Transaction Tax (LBTT).


Presenting your Buy to Let Property

15
Jan

With an ever increasing number of TV programs dedicated to property sales the majority of home sellers are now aware of the influence presentation can have on sale prices and the time required to secure a sale. What is perhaps not so widely known, and demonstrated, is that the presentation of a rental property is equally as important.

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