Page 67 - ESPC Magazine Jan 2021
P. 67

11 STUART WYND, CORSTORPHINE,
              EDINBURGH EH12 8XU
                                                         1
                                             1
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 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


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