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Get the latest insights on Edinburgh's rental market for December 2021. Learn about rental trends & key updates affecting the property market
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UMEGA has evolved as we’ve learned, improved and adapted to a continually changing environment. Without learning and adapting constantly, we would not have been successful, or even survived, as a business and that’s been more relevant than ever over the last 2 years.
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2021 is set to be the strongest year for sales and house price inflation since 2007 with £473bn of new sales agreed in 2021 (£95bn higher than 2020). Zoopla believes the impact of the pandemic has further to run with a continued strong sales market, albeit with a 20% decline in house sales to 1.2m sales in 2022.
General
UMEGA has evolved as we’ve learned, improved and adapted to a continually changing environment. Without learning and adapting constantly, we would not have been successful, or even survived, as a business and that’s been more relevant than ever over the last 2 years.
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Since our last update, the rental market in Edinburgh has continued to experience a lack of supply compared to the high tenant demand across the city, but there are signs of things starting to stabilise as we head into the winter months.
Buy To Let Edinburgh
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Demand for quality rental properties has risen so quickly that the number of available properties on the market has plummeted down to record low levels.
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The Scottish Government is introducing regulation of holiday letting. Draft guidance of how this will work has been published.