For my first blog I thought I would focus on the increasing popularity of the outlying areas of Edinburgh City itself. I wonder now, if the city boundary really is the city boundary anymore?
I’ve found a huge increase in activity particularly within: Dalkeith, Bonnyrigg, Bilston, Loanhead, Stration, Penicuik, Musselburgh, Tranent, East Calder, Kirkliston, Kirknewton and Winchburgh. I would say with a degree of certainty we all know someone who lives there.
Whilst they are all out with the boundary, the affordability combined with improved public transport and commuter links make these areas within a lot of buyers mind-set when looking for a home.
Edinburgh itself is still holding its own and commanding high prices for good property in sought after areas. I am finding the supply of property is as low as it has been for a while, which in turn is exaggerating the demand, hence the reason closing dates now seem par for the course and home report prices being regularly exceeded.
I would note a point of caution though, I am hearing more and more clients mention the “B” word (Brexit) and can’t help but feel this will have some sort of impact on the current market trend. Quite what impact that is remains to be seen. More to follow on that in due course.