For decades, if graduates were asked what they were looking to do in relation to their living arangements after leaving university, a majority was looking to get their feet on the property ladder and buy as soon as they could.
Now, with asking prices rising again and mortgages still hard to get for many young professionals, renting seems to become a longer-term solution. At the same time, landlords are looking to increase their portfolios and the UK rental market in general has had a strong start to 2012.
What does it mean for you? Whilst it may take a few more years to own your own home there will be a good selection of high quality rental properties available. With more landlords expanding their portfolios, too, tenants will have more choice and, naturally, the quality of rental properties will increase at the same tim, making renting a good longer-term option.
Tuesday, 19 June 2012
Thursday, 7 June 2012
Second toilet anyone? 41% say 'yes'
During the week of the Diamond Jubilee, statistics wizards
at Lloyds TSB have looked at what’s happened to the private rental market over
the past sixty years. Whilst their
findings are specifically for England, it’s a similar picture in Scotland
showing that not only do 41% of households now have a second toilet – but also
reminding us that renting a home was very popular in the 1950s. The number of
home owners grew in the 1970s and 1980s, but now renting’s on the up once
again. Surprisingly, though, there’s still 1% of properties that have no basic
water supply!
Wednesday, 16 May 2012
Chelsea or Bayern?
Who's your favourite for Saturday night's Champions League Final? The teams have met once before, in the 2004/5 season when Chelsea beat Bayern on aggregate to reach the semifinals, only to be kicked out by Liverpool FC.
Email us with your prediction for a chance to win a crate of beer for your flat! Entries close at 20.45 on Saturday and the winner will be drawn from all correct predictions. Good luck!
Tuesday, 15 May 2012
Mad about football?
In our office, there are two distinct fractions this week - those who can't sit still with excitement about the footie weekend coming up and those who wish it was over already!
No matter what side of the fence you're on, our blog will have something for you this week. It's all things Scottish Cup Final today, but from tomorrow we're running a Champions League competition. Don't miss out...
Get ready for Edinburgh football fans celebrating or mourning the result of the Scottish Cup Final on Saturday afternoon! Whether you want to avoid the football-mad crowds after the match, fancy joining them or just enjoy a spot of people watching, you need to know where to look for them.
Both Hearts and Hibs have launched their victory march routes and you can be sure the pubs on either one will be buzzing. Both start or end at the respective stadiums, so Dalry, Gorgie and the Easter Road areas will be busy. the same will be the case for the city centre which both teams are planning to use.
Click here for Hibs' and here for Hearts' route and start planning your people-watching spot or get ready to avoid those parts of town!
Thursday, 10 May 2012
Are you getting the best deal?
Friday, 4 May 2012
It's a long weekend for studying... or is it?
Tuesday, 17 April 2012
Making tenancy a long(er)-term game
The Scottish government is today embarking on a review of the private lettings market with a view to creating a more long-term culture, both for tenancies and for property investors and landlords. Germany has been cited as an example. Over the next few weeks, property managers such as Cullen will be consulted and we look forward to contributing our views and sharing our experience to help the process.
Click here for more information and follow our blog for regular updates.
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