Six residential apartments were shut down by Edinburgh City Council due to complaints from neighbours and residents, ranging from excessive noise and smashed bottles to underwear being thrown out of the windows.
Anderson Bain News & Updates
Owners of empty houses in Edinburgh will be forced to either occupy their property or sell it as the City Council takes a more hands-on approach to tackle the city’s housing crisis. The council will use Compulsory Purchase Orders (CPOs) to ensure that property which is not being used can get back on the market.
The Granite City’s commercial property sale figures managed to beat both Glasgow and Edinburgh from April to June (Q2) according to the Scottish Property Federation (SPF), marking Aberdeen’s second consecutive quarter at the top of the commercial property leaderboard. The SPF’s report highlighted Aberdeen’s total sales value as £123 million which, although was 26% down on Aberdeen’s Q1 2018 figures, was 68% higher than the same quarter in 2017.
Auld Reekie retains its title as the most expensive property market in Scotland as house prices rise nationwide.
A new survey of the residential property market has revealed that the number of rental properties in Scotland has fallen even further over the last three months. However, this decrease in supply has been coupled with an increase in demand, which is expected to lead to a sharp rise in costs for tenants.