Investing in Edinburgh rental property
Venture into Property Investment in Edinburgh and Scotland
Edinburgh stands as one of the top locations in the UK for residential property investment, with an average monthly rent of £1115. Despite the financial crisis of 2008, rents in Edinburgh have surged by 50.5% in the last decade (5% in 2018 alone). The value of real estate in Edinburgh continues on an upward trajectory, yet properties here are still attainable at a fraction of the cost of London. In 2018, the average property in Edinburgh sold for £268,151, compared to £619,042 in London.
Why Edinburgh Letting Centre
We are helping international landlords and foreign investors in securing, building and managing property portfolios and investments since 2003. Around 25% of the properties we manage were purchased by international investors. We understand Edinburgh, its good neighbourhoods and areas to avoid. We can offer crucial advice on choosing and purchasing residential investment properties which later could be managed by our lettings team.
Investing in Edinburgh does not have to be difficult! We can introduce you to solicitors, accountants, mortgage advisors, and then take care off any refurbishment works, if necessary. Some of our investors have never been to Edinburgh!
Property sourcing
Based on your preferences, we’ll identify up to 10 investment properties, conduct valuations, and provide rental appraisals. We will furnish you with the necessary refurbishment scopes and quotes, and then guide you to a solicitor to initiate the legal proceedings. After acquiring your property, we can oversee any refurbishment, secure necessary safety certificates, and promote your property to find a tenant. We offer this service at a competitive fixed price of £295 plus VAT.
Financing Options for Overseas Investors
While most investors obtain funds to invest in Scottish properties from their home countries, UK funding is available for potential landlords residing abroad. Several UK lenders permit ex-pat and overseas investors to borrow funds for buying rental properties in the UK. Loans start at £100,000 and cannot exceed 75% of the property’s value.
If you have any queries regarding investment in residential properties in Edinburgh, don’t hesitate to reach out to us.
+44 131 662 8035
If you have any questions regarding investing in residential properties in Edinburgh, please get in touch with us:
+44 131 662 8035
mail@edinburghlettingcentre.com
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