June News Bulletin

June News Bulletin

Edinburgh 'outranks London' as Britain's property hotspot

Edinburgh Evening News reports Edinburgh is the most 'in demand' area, with homes listed for sale receiving 145% more interest than the average property across Britain. READ MORE.

Cullen Property opinion:
This is not surprising news. Recently, properties we have to let on the market are typically letting within one week and properties for sale in and across Edinburgh are selling in two weeks. If you are considering investing in Edinburgh property why not sign up to our investor newsletter to receive our latest Edinburgh property investment opportunities? This way you won’t miss the ‘hot’ Edinburgh properties coming onto the market.

High demand is ‘fuelling strong competition’ for property in Edinburgh

Property Investor Today reports high demand for property in Edinburgh remains strong. READ MORE.

Cullen Property opinion:
Despite economic uncertainty Edinburgh property has remained a resilient and strong market. The main reason for this is that the demand for Edinburgh property is outstripping the property supply. Each property on the market is receiving an increased amount of interest. Want to know more about investing in Edinburgh residential property? Have a look at our property investor guide.

Most homes sold in 2 weeks as Edinburgh enjoys property boom

Edinburgh Evening News reports the median selling time for properties in Edinburgh is just 15 days, indicating a thriving market where buyers are willing to snap up properties quickly and over the home report valuation. READ MORE.

Cullen Property opinion:
At Cullen Property, we have noticed an increasing demand for buying and renting Edinburgh property. This is good news if you are selling property in Edinburgh as figures from ESPC show many Edinburgh properties are selling for over their home report valuation. If you are considering investing in Edinburgh property you must be fully prepared with the key pieces of information surrounding the Edinburgh residential property market. Why not speak with our Cullen Property Investment team to keep up to date with the latest Edinburgh property figures? You can either call us on 0131 221 1818 or email investment@cullenproperty.com

Private rented sector in UK likely to grow by 24% by 2021

Property Reporter reports the proportion of households in the private rented sector in the UK is set to grow by 24% by 2021 which means that one in four will be renting rather than owner occupiers, new research shows. READ MORE.

Cullen Property opinion:
We have never experienced issues with renting properties. However, this increase in the private rented sector will mean your Edinburgh property investment will be even more sought-after for many renters. The high demand will drive up the property value. With the evolving and high in demand Edinburgh property market, we believe it is a good time to secure an Edinburgh property investment. If you would like more advice regarding investing in the Edinburgh residential property market contact our investment team.

Related articles

long-term market
Ensuring a Compliant Transition to the Long-Term Market
Ensuring a Compliant Transition to the Long-Term Market: A Landlord Checklist   In these unprecedented times, we’ve received a significant number of landlords considering different ways of managing their properties. Here we take a look at some of the key aspects of the long-term rental requirements and how these differ…
Coronavirus Guidance
Coronavirus Guidance - Resource Page
Following our direct communications with our tenants and landlords regarding guidance during these unprecedented times, we have decided to also share this Coronavirus guidance here on the blog. If you find yourself in a tricky situation, please let our team know in the first instance and we can work…
Virtual Viewings
Business as Unusual in Practice : Cullen Property
The new landscape With the adoption of our new ‘virtual viewings' and property valuations by way of video walk-throughs, and with all our staff working safely from home, a quote that really resonated with us this week was “We can’t change the direction of the wind, but we can adjust…