City Guide to Edinburgh, Scotland

City Guide to Edinburgh, Scotland

Edinburgh News: property


Credit Crunch Hits Edinburgh City Council Finances

Alexander and Bucephalus

The economic downturn will hit Edinburgh City Council coffers hard next year. An autumn budget statement, the first to be published by the Council, highlights increased costs and lower income.

Edinburgh Residential Property Continues To Slide

The ESPC in Edinburgh

Edinburgh's residential property market continues to deteriorate, according to latest statistics from the ESPC for the third quarter of 2008.

History of Your House Week

Edinburgh Central Library

Edinburgh City Libraries is hosting a series of free events beginning next week where residents can find out more about the history of their house or area they live.

Edinburgh Councillors To Blow Down 40-year-old Flats

Sighthill's multi-storey Broomview Court is to be demolished with explosives on Sunday 21st September between 11am and 12.30pm. City Housing Leader Councillor Paul Edie along with Broomview Court resident Ian Begg, who lived in the building for its full 40 year life, will push the plunger to ignite the fuse.

Estate Agents Say Property Market Needs More Help

The Edinburgh and Lothians Property Group (ELPG), a group of five local estate agents, believes that the government needs to do more to reinvigorate
Scotland's property market.

Edinburgh House Prices Drop For First Time in Decades

The ESPC in Edinburgh

The Chancellor's announcement of a stamp duty "holiday" on properties under £175,000 comes at a significant juncture in Edinburgh's housing market. The Edinburgh Solicitors' Property Centre (ESPC) announced today that the average price of an Edinburgh property fell by 6.5% to £201,517 in August compared to a year ago. It is the first fall in decades.

Average Edinburgh Home Cost £221,209 Say Government Stats

The average home in Edinburgh cost £221,209, according to official figures for the second quarter (April to June) published today by the Registers of Scotland. The figures cover all residential sales, including sales for cash not involving a mortgage.

Estate Agents Call for Tax Holiday For "Fragile" Property Market

Five estate agents operating in the Edinburgh and Lothians area have joined the call for Chancellor Alistair Darling to freeze Stamp Duty levels to "re-invigorate" the local and national housing market.

City Plans 1,100 New Council Homes: First in 20 Years

Around 1100 new homes will be built by City of Edinburgh Council if new proposals being developed get the go ahead. These will be the first Council homes to be built in nearly 20 years, and will be made up of housing for sale and rent.

Edinburgh Population Rises 5% In A Decade

The City of Edinburgh has seen the biggest increase in population numbers in Scotland over the decade to June 2007, according to statistics released earlier today by the General Register for Scotland.