Property in Edinburgh

Edinburgh Property Update – Viewpark

Introducing - Viewpark, 7 Hillhead,Broomieknowe, EH19 2AJ ‘An imposing and elegant ‘C’ Listed detached Georgian house sympathetically extended to provide a substantial and elegant family home within delightfully picturesque gardens’ Viewpark is a superb sized and elegant detached Georgian villa which dates back to the 1820’s. Set back within beautifully maintained gardens, circa 0.62 of [...]

2016-12-05T16:25:06+00:00Property, Residential|

Are you liable for home repair work issued by the Council?

Edinburgh is unique as a local government area in that it has private legislation empowering the Council to serve demands on co-owners to carry out common repairs, and in the absence of compliance from co-owners - for example the separate owners of a block of tenement flats - the Council is empowered to carry out the work themselves and to recover the costs from the co-owners thereafter.

Would You Go to Jail to Sell Your House?

How far are you willing to go in marketing your home in order to see it sold? Since the repeal of the Property Misdescription Act on 1st October 2013 and its replacement with the Consumer Protection from Unfair Trading Regulations 2008 (CPR) and the Business Protection from Misleading Marketing Regulations 2008 (BPR), selling your home brings with it an increased duty to declare its faults.

Lending Goes Green

What is the Green Deal Loan? Green Deal loans are being offered by supermarkets and energy companies to pay for property improvements that will increase the energy efficiency of a property, such as double glazing or loft insulation. The interest rate is roughly seven percent a year and you repay the loan through your energy bills. The Golden Rule is that crucially your monthly repayments should not exceed your monthly savings made as a result of the improvements...

Understanding the Numbers for Residential Property Investment in Edinburgh

1) Buying a 1 bed central Edinburgh flat for 90k and central Edinburgh 2 bed for 160k. 2) These would give net rents of £500 & £725 pcm. £1225 total pcm. £14,700 per annum. 3) Assuming you put down £100k in total then you would borrow £150k (60% Loan to Value). 4) This equates to a gross yield of 5.8% on £250k. This is reasonable yield figure to work on for quality Edinburgh property...

2016-12-05T16:25:06+00:00Property, Residential|
Go to Top