The Bank of England announced an increase to the base rate today (3rd November 2022) of 0.75% meaning that the base rate now stands at 3%. This was a move … Read More
Short Term Lets and The Edinburgh Property Market
You’d be hard pushed to be a resident of central Edinburgh and not have heard some horror story about Airbnb-type short term lets from those that make the city centre … Read More
The property market keeps moving, despite the economic rollercoaster.
It has been a busy few weeks economically and politically to say the least! What has been the impact on the local property market in Edinburgh and the Lothians? Let’s … Read More
A busy week in uncertain times – Neilsons mortgage market update
What a week! Our firm was established in 1977 so this is not the first time that we find ourselves working against the backdrop of economic uncertainty. Over the decades, … Read More
Mortgage rates in the news – Neilsons explain what it means
There’s been a lot of media speculation published about the property market today with the announcement that some high-street lenders are removing their mortgage products from the market. So, what’s … Read More
Midlothian property market continues to break records in 2022
Despite negative press headlines and posts on public Facebook forums suggesting impending doom and gloom in the market, the Midlothian property market – like the rest of East Central Scotland … Read More
Changes for First Time Buyers and other priority groups in the Open Market Shared Equity Scheme (OMSE) 2022
In August 2022 there have been welcome changes to the Low-Cost Initiative for First Time Buyers and other priority groups (more commonly known as ‘LIFT’) in the Open Market Shared … Read More
Neilsons raise over £5,500 for Maggie’s Centre!
In June 2022, a team of 29 staff from Neilsons Solicitors and Estate Agents took on a physical challenge to raise funds for the brilliant Maggie’s Centre. It’s no secret … Read More
What does rising interest rates and talk of recession mean for the Edinburgh and Lothians property market?
As ever, when it comes to local property market news and updates, Neilsons Solicitors and Estate Agents want to give informative frontline dispatches from those working at the forefront of … Read More
What’s happening in the Midlothian property market?
Now that 2022 is here, we can look back at what the local property market was like in Midlothian in 2021 in full and we catch up with our local … Read More