09/03/2008
Property prices in Edinburgh have increased by an average of 10 per cent in the past 12 months, but in ‘hot spots’ homes are still selling for as much as 30 per cent over the asking price.
A spokesman for estate agent, D J Alexander, said property prices in Edinburgh have increased by an average of 10 per cent in the past 12 months, but in ‘hot spots’ such as the West End and Morningside homes are still selling for as much as 30 per cent over the asking price.
He added: “Homes in these areas are simply priceless and will always increase in value as there is such a shortage of such premium property.”
From a story on the accommodation allowance given to MSP’s
Mail On Sunday, 9 March 2008
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New-build flats – a paradox of supply and demand
Rental demand soars as house buyers' dreams are shattered
Desperate’ builders turn to renting as house prices fall
Builders turn to rental market as sales fall
Remember the 1990s housing crisis?This is a whole new ball game
Landlords demand higher rent as hesitant buyers ride the credit crunch
Ways for buy to let investors to avoid being crunched by the credit squeeze
It's survival of the fittest for landlords in 'Parliament City'
Housing crisis deepens as city rents soar 20%
Steven Currie on the small screen
Rental properties to the rescue of mortgage-starved couples
David Alexander gives a Sunday Times reader advice on timing
Credit crunch may yet turn out to have a silver lining
David Alexander's reader advice column in The Sunday Times
Even when targeted by the taxman, buy-to-let does pay
Rate cuts will carry few over the threshold
If you thought buying a house in Scotland was tough, just try securing a place in London
David Alexander's reader advice column in The Sunday Times