City Guide to Edinburgh, Scotland

City Guide to Edinburgh, Scotland

Edinburgh News: property


Edinburgh Home Prices "Stable" In Shrinking Market

The ESPC in Edinburgh

The average Edinburgh house price has fallen by 6.8% annually in the first three months of 2009, according to statistics released today by the ESPC.

Low Income Home Buyers Get A Lift

The Scottish Government today announced it is expanding The Open Market Shared Equity scheme to the whole of Scotland. An increased budget of £60 million - up from £24 million in the pilot launched 18 months ago - is expected to help around 1,500 households to buy through the scheme this year.

Controversial Old Town Development Put On Hold

Mountgrange Capital, the organisation behind the controversial £300 million Caltongate luxury hotel, retail, and residential development in Edinburgh Old Town have announced that they have gone into administration.

Edinburgh Property Market Showing "Signs of More Stability"

Edinburgh House Prices - ESPC - Feb 2009

Edinburgh's housing market may be finding its feet again, following a reduction of Bank of England interest rates to 1%, the lowest level in its 315 years, a stamp duty holiday on properties under £175,000 until September 2009, and a rapid fall in the capital's property prices by a fifth of their mid-2008 peak.

Riding of the Marches to Return After 63-Year Absence

After a 63 year absence, The Edinburgh Riding of the Marches is to be re-launched at noon on Monday 9th February.

Edinburgh House Prices Drop 10% in 2008

The ESPC in Edinburgh

The average house price in Edinburgh now stands at £193,354 after falling 10.1% in the last year, said the Edinburgh Solicitors Property Centre today. While this is a bigger fall than the house price drop across East Central Scotland, where the average price fell 8.5% to £181,527, Edinburgh has managed to avoid some of the pain experienced south of the border.

Home Buyers Waiting For More Interest Rate Drops

One of Scotland's leading solicitor estate agents forecasts that the housing market will start to show the first signs of recovery when the Bank of England levels out interest rates.

Study Says Edinburgh Is Loneliest Place in Britain

Edinburgh Castle and Old Town from Holyrood Park

According to a new study by the BBC and Sheffield University, Edinburgh is the loneliest place to live in the UK. In "Changing UK: the Way We Live Now" researchers compiled and rated areas across Britain using official statistical data from the Census to show how Britons are more demographically segregated "than at any time since the computerisation of census data (1966)."

Edinburgh House Prices Slump 11.4% YOY

Figures released earlier this month by the ESPC reveal that the average house price in Edinburgh now stands at £192,225 following a 11.4% year-on-year fall in October.

It is the third consecutive month which has seen a fall in the year-on-year prices, with the rate of decrease up from 7.1% in September.

Meadowbank Plans Suspended as Property Falls

The redevelopment of Meadowbank stadium is likely to be suspended temporarily until land values in Edinburgh recover. The project had been due to start in early 2011 with a two year target for completion but the recent onset of a global financial crisis has contributed to a decrease in the value of the Council's land assets.