What Does The Letting Market For Families Look Like

Renting a home as a family is becoming increasingly challenging. The desire for larger properties, the lack of quality affordable housing and the ever-increasing popularity of short term lets have meant that renting families are struggling to find suitable places to live.   Increasingly, families that rent have been moving further and further out of major cities like Edinburgh due to both the...

Property Demand At An All-Time High In Edinburgh

Scotland has been experiencing a surge in demand for housing in recent years, and the effect is best seen in Edinburgh. Thanks to its vibrant city life, culture and rich history, Edinburgh has become the place to be for people of all walks of life.   Competition is fierce for the most coveted areas and properties in the city. Driven in part by the pandemic, the demand for spacious family homes...

Change In EPC Regulations

Every building in Scotland must have an EPC rating if it is to be rented, bought or built. There are new regulations in place that means that EPC ratings must be lowered in order to increase energy efficiency for all buildings.   What Are EPC Ratings?   Energy Performance Certification (EPC) indicate how energy efficient a building is. They run on a scale of A (most energy efficient)...

SHORT TERM LETS. TIME FOR A LONG TERM SOLUTION?

Housing Minister Kevin Stewart has announced that local councils will be granted powers to bring in their own licensing schemes to regulate Airbnb's and other short-terms lets by Spring 2021. Recent research compiled by ESTA* shows that Edinburgh has the fourth highest ratio of tourists to locals in the world after Miami, Las Vegas and Dubai and sits well above 14th placed London with 445 tourists to...

TOP TIPS FOR NEW LANDLORDS

Thinking of letting out your property but not sure about the first steps? There are lots of factors to take into consideration when letting your property out and, it can be a daunting task.  Below are some quick pointers from our Lettings Director, Trevor: CHOOSE AN ARLA PROPERTYMARK PROTECTED AGENT ARLA Propertymark is the letting industry’s regulatory body. Members must comply with a code of...

PREPARING YOUR PROPERTY FOR PROFESSIONAL PHOTOGRAPHY

We met with Kath Thomson, Operations Manager at Squarefoot Media, who kindly shared her expert insight into the value of professional photographs and floorplans when selling or letting out a property, and how best to prepare your property to ensure it is displayed at its full potential. Squarefoot Media are leading property marketing experts who offer stills, films, plans and aerial images, online...

OUR ULTIMATE CHECKLIST FOR MOVING HOME

I remember saying to myself, “I have a plan, and everything would be fine, it would all happen like clockwork and it would be the most stress-free home move in history”.  It didn’t quite happen like that.  Whilst managing to get most of my belongings in brown boxes, large blue Ikea bags and plastic containers, I still somehow felt I was leaving home with far more than was in it! That was just...

MEET THE TEAM: HARRY CROMBIE

Harry Crombie was the former owner of Crombie & Co Property Management and in 2018, decided to merge his business with Murray & Currie.  The properties, landlords and tenants are now all bedded in and Harry remains as a key point of contact, though also is working on the Research side of the business here. HOW LONG SINCE YOU STARTED AT MURRAY & CURRIE? I’ve been working with the team...

JOHNNIE WALKER TO OPEN EDINBURGH ATTRACTION

Harry Crombie   Most of us will be aware of Diageo… it is one of Scotland’s major employers, boasting 50 sites across the country and is the largest exporter of Scotch whisky and other spirits.  At the centre of this, is their world-renowned Johnnie Walker brand. On 16th April 2018, Diageo announced that it was investing heavily, to the tune of £150million, over the next three years...

2018 RENTAL MARKET REVIEW

Since last month, we have received some fantastic data from our friends at Citylets.co.uk and Lettingweb.com, both of whom are Edinburgh’s top property portals specifically geared towards rental properties in Edinburgh and nationally. In brief, we have seen another year of solid growth in Edinburgh, with average rents in Q4, 2018 up 7.8% on the same period last year, sitting at £1095pcm.,...

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