Page 66 - ESPC Magazine Jan 2021
P. 66

11 STUART WYND, CORSTORPHINE,
                                                                                                  EDINBURGH EH12 8XU
                                                                                                                                             1
                                                                                                                                 1
                                                                                                                      2
     LETTING ADVICE                                                      FIXED PRICE £215,000           11 STUART WYND, CORSTORPHINE,                   D
                                                                                                                 EDINBURGH EH12 8XU
         WHAT DOES 2021 HAVE IN STORE FOR
           THE EDINBURGH RENTAL MARKET?                                                      FIXED PRICE £215,000               2        1        1       D

          Nicky Lloyd, Head of ESPC Lettings, offers her thoughts on what’s going to happen in the                                                ESPC PROPERTY
                              Edinburgh rental market in 2021.


       When Scottish property market restrictions   One and two bedrooms continue to be
       were eased at the end of June, we saw   popular, but we are also seeing an increase in
       pent-up demand following lockdown kick   demand for family homes to rent. This could
       start the rental market, and have seen this   be due to tenants looking for more space for
       continue through the remaining year, even   homeworking and gardens due to priorities
       during the traditionally quieter periods of   changing as a result of the initial lockdown
       time. While it’s difficult to predict what will   period.
       happen this year, particularly in light of recent
       lockdown restrictions, we anticipate that   In terms of legislation affecting the Edinburgh
       the market will continue into 2021 on this   rental market, the Scottish Government has
       optimistic track.                    confirmed that the temporary changes made
                                            under the Coronavirus (Scotland) Act 2020
       Edinburgh has long been a popular choice   will be extended until at least March 2021.
       when choosing to purchase an investment
       property, largely due to its huge popularity as   This means the extended eviction notice
       a place to live and work. It is unlikely that this   period of six months will continue to apply for
       will change any time soon, and over recent   notices served after 6th April 2020 in most
       months we’ve seen an influx in overseas   cases, as will the requirement to satisfy the
       investors into the Edinburgh market, along   Tribunal that eviction is reasonable.
       with more and more people relocating to
       the Scottish capital.
                                            During 2020, the changing rules and
                                            restrictions regarding the Scottish private
                                            rented sector have illustrated how important
                                            it is to keep up to date with current legislation,
                                                                         Presented in a true move-in condition, with immaculate, contemporary interiors, two
                                            and the benefits of using a trusted agent who
                                            can provide comprehensive advice.  bedrooms, and desirable open-plan living, plus a lovely front and back gardens with access to
                                                                         unrestricted on-street parking, this end-terrace house is situated in a quiet cul-de-sac within
                                            ESPC Lettings have worked hard throughout        Presented in a true move-in condition, with immaculate, contemporary interiors, two
                                                                         an established residential area of Corstorphine.
                                            the year to stay up-to-date with the latest      bedrooms, and desirable open-plan living, plus a lovely front and back gardens with access to
                                            guidance and legislation so we can keep our      unrestricted on-street parking, this end-terrace house is situated in a quiet cul-de-sac within
                                            landlord informed.                               an established residential area of Corstorphine.
                                            If you’d like to have a free, no-obligation chat
                                            about how we can help you manage your  VIEWING INFORMATION
                                            rental properties, get in touch on               VIEWING INFORMATION
                                                                         Viewings Information Tel: 0131 516 5366
                                            landlord@espc.com or 0131 253 2847. You can      Viewings Information Tel: 0131 516 5366
                                            also visit espc.com/lettings  propertysales@gilsongray.co.uk
                                                                                             propertysales@gilsongray.co.uk


   66 ESPC.COM                                                                                                                                                ESPC.COM  67
   61   62   63   64   65   66   67   68