August News Bulletin

August News Bulletin

Property Investment: Location v Detail

Steve Coyle, Operations Director at Cullen Property, offers tips on what should be considered before offering on an investment property for Property ReporterREAD MORE.

Cullen Property opinion:

Although the location of your property investment is important, it is critical to consider all the finer details of the property and Scottish property regulations and legislation before going ahead with a purchase. These include LTV, stress testing, PRA rules, taxes, and planning permissions etc. It can be a daunting experience investing in your first Scottish property investment. However, our expert investment team is there to help guide you every step of the way.

Homes in Edinburgh and Bristol are the fastest selling in the UK

The Gazette reports; it takes 53 days on average for homes to be snapped up in Edinburgh. READ MORE.

Cullen Property opinion:

Edinburgh property is selling 25% quicker than last year – this shows the growing demand for property in Edinburgh. This growing demand and height of competition can make it difficult to secure a property in the city. However, our expert investment team can guide you through the investment process and advise on the best buy-to-let investment properties currently on the market.

Edinburgh is bucking UK trend in house-prices

The National reports; nearly 80 per cent of properties in Edinburgh sold for more than their Home Report valuation in the last three months. READ MORE.

Cullen Property opinion:

Edinburgh’s housing market continues to buck the UK trend as nearly 80% of properties have sold for more than their home report valuations. This is good news for our current landlords as many will continue to see their property investment rise in capital value. We believe investing in an Edinburgh buy-to-let property is a worthwhile investment choice.

Edinburgh has the most expensive property in Scotland and largest price rise

Property Wire reports; Edinburgh is Scotland’s most expensive city at £2,492 per square meter compared to the Scottish average of £1,529. READ MORE.

Cullen Property opinion:

Scottish property is becoming a highly sought after investment. The country’s property growth is led by Edinburgh and Glasgow, with Edinburgh reflecting a solid annual growth of 4.6%. We believe this annual growth will continue to rise with the height of demand vs. supply in the Edinburgh property market. There are many fantastic investment opportunities available across the city which we can advise on.

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