I want to buy a house in Edinburgh . what should i do : (?
goriya TT
2006-11-01 14:07:50 UTC
I want to buy a house in Edinburgh . what should i do : (?
Seventeen answers:
Nick E
2006-11-01 14:12:12 UTC
See a doctor.
There are much nicer places in Scotland than Edinburgh (North Berwick, for instance) that are fairly close to the city itself.
?
2016-12-17 18:25:58 UTC
Espc Edinburgh North
wild_eep
2006-11-01 14:25:33 UTC
Other than "sell a kidney" you should do what martini said. The solicitors in Edinburgh have most of the market (I remember the figure 90% but that seems too high), and the Edinburgh Solicitors' Property Centre is where it flows. That website works fine and is good for research. If you're not there now you should visit lots and figure out the areas that suit you. And if you want a cute wee 2 bed cottage near the centre of town you should email me.
Note, if you are used to English rules, beware the Scottish system - the blind auction. Everyone submits their bids in sealed envelopes before closing, the envelopes are all opened at once, and detailed negotiation generally commences with the highest bidder. In hot zones at hot times this can lead to crazy prices. "Offers over" prices can be marked up 25% on the winning bid. "Fixed price" means what it says - produce that money, the house is yours (more or less). People go fixed price when they want to get rid of it quickly.
PS you'll need a lawyer - I use Morton Fraser for non-house-buying purposes which they're great at. There are tonnes of good solicitors in Ed who will help you. Put that as a question here and you'll get enough names to be going on with.
Purple
2006-11-01 15:55:08 UTC
Just to clarify to the other answers, they said they want to buy a house in Edinburgh not "should" I buy a house in Edinburgh!
Just ignore the jealous one's who can only dream of buying a house here...
Anyways! The best web site to visit is ESPC. visit http://www.espc.com/EspcPublic/UniversalPages/HomePage.aspx
This shows pretty much all of the property on the market right now. Edinburgh is a great place to invest in property. I recommend buying an older property rather than a new build as you will get more return on your investment. Good luck it is a crazy market out there but well worth it!
jayktee96
2006-11-01 14:27:13 UTC
I have to agree with the first answer! House prices here are very high, unless your'e moving from London or somewhere equally highly priced. However you'll probably make a good profit when you sell. Also the Scottish system of house purchase is so much easier and you can't get gazumped.
Maybe you are already in Scotland or even Edinburgh???
Yes the ESPC website is best, do you know anything about what type of area you want to be in?
Irena N
2006-11-01 14:13:59 UTC
You should go to Edinburgh and look for some Real Estate Agency .
Pit Bull
2006-11-05 10:32:37 UTC
Save your money and buy somewhere out of the city.
There's a good choice of places, many with good rail and road connections, only 20 or 30 minutes commuting time from the centre of Edinburgh.
Great place to visit but unless you really must be in the middle of everything, choose elsewhere to live.
monkeyface
2006-11-03 13:12:39 UTC
Rob a bank or find a really sympathetic Mortgage lender. Edinburgh is really expensive.
Penfold
2006-11-01 14:19:11 UTC
Visit a number of estate agents. View houses. Put in an offer for the place you want to buy. If you bid is the highest, you are legally obliged to buy. Your solicitor should be able to explain the intricacies of buying a house in Scotland.
oceanwaves
2006-11-01 14:17:05 UTC
go on website www.espc.co.uk where practically all houses in edinburgh go on the market.
Andy H
2006-11-01 14:21:12 UTC
edinburgh is over priced and full of rally ignorant people, glasgow u wil get a smile in the street, and better houses.