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Glasgow, Hints & Tips, Properties For Sale
Find Homes For Sale in Glasgow (Before They Go Online)
Find Homes For Sale in Glasgow (Before They Go Online) Looking for property for sale in Glasgow? Follow these tips and find them before they go online. You might think every property sale follows the same old process: a “for sale” sign goes up outside > it’s posted online > there are countless viewings > and, eventually, it’s sold. Simple. But some of the nicest homes for sale in Glasgow won’t make it as far as step one. They’re often snapped up long before they make it to the market, let alone the property websites. So, why does this happen? And how do you get in on the act? Here we share a few tips for finding homes for sale before they go online. How to Find Property for Sale in Glasgow Before It Goes Online 1. Your Glasgow Estate Agent Is Your Best Friend The best estate agents keep a close eye on the local market, with many working closely with sellers to achieve quick, profitable sales. As a prospective buyer, you can do something similar. If you’re clear, friendly, and responsive, outlining exactly the type of Glasgow property you’re looking for (and the budget you’ve got in mind), your local agents might just point you in the right direction. Remember, people do business with people they like, and that works both ways! 2. Get Your Friends & Family Involved Unless you’re keeping your move on the down-low for a reason, it’s a good idea to involve your friends and family in the search. You could even widen the scope to include social media connections and work colleagues. That way, you’ve got ears on the ground. If everyone knows that you’re looking to buy, you might just hear about an opportunity before it goes on the market. 3. Hunting for Flats for Sale in Glasgow: Be Prepared to Pound the Pavement If you know which part (or parts) of Glasgow you’d like to move to, you could be bold and start posting letters or chapping doors. Whether it’s in writing or face-to-face, simply explain who you are, your situation, and ask if they’re interested in selling. There’s no guarantee of success, of course, but you could strike gold. All it takes is one person who’s been thinking of selling and has put it off — until now. You could be the nudge they need. Pro Tip: Make Sure You’re Ready to Buy You’ll always move quicker when you’re ready to move. So if you hear through the grapevine that your dream property is close to the market, you’ll need to have your finances in order to nab it early. Having the cash ready (or a mortgage in principle) makes you seem less risky to the seller. And the idea of a fast sale could convince them to skip the open market and deal with you exclusively. Interested in homes for sale in Glasgow? Make Cairn your new best friend. Tell us what you’re looking for and where — we’re always happy to help. Contact us here. Did you know our Glasgow & Edinburgh branches specialise in Off-Market properties? Learn more about our approach to Tenanted Flats.
Investment, Property Investment
How to Find the Best Property Development Opportunities
How to Find the Best Property Development Opportunities Maybe you’ve been bingeing Homes Under the Hammer and thought “Hey, I could do that!” Or maybe you’ve already renovated one property and now you’ve got a taste for it. No matter the reason why you’re looking for property development opportunities, in this short blog post, we share the two things you need to know when searching for your first (or your next) big project. 1. Property Development Opportunities: It’s All About Location x 3 There’s a well-known phrase when it comes to property development; it’s all about location, location, location. But this isn’t a tired old cliché — you really do need to spot the up-and-coming areas before anyone else. And to do that, you have to scour the internet and pound the pavement. First, look at properties for sale on the likes of Rightmove and OnTheMarket and note their asking prices. Next, read up on new developments (shops, bars, restaurants) and check local newspapers, forums, and social media for insight. Finally, scroll around Google Maps to measure walking and driving distance from important amenities (schools, parks, train stations, etc.). Found an area you like? It’s time to visit in-person and ask yourself: Do any of the properties stand out as having potential? Some property developers like to look for the worst property on the nicest street as this means there’s room for improvement. Is there a variety of property types, or are they all the same? If it’s the latter, this could mean that each house on the street has the same maximum sales potential, so it could be a challenge to add enough value to achieve a healthy profit. Are there any skips or signs of development? This could mean fellow property developers are in the area, or it could mean the owners see enough value in their property to do some renovation work themselves. Either way, you could be onto a winner. Are there new-builds nearby? Whether it’s a shiny new flat complex, student housing, or a new-build estate, these sorts of developments are usually followed by new or improved local amenities. Buying and renovating a nearby property could mean selling while demand is high for the area. 2. Finding the Best Property: Estate Agents Are Your Friends Once you’ve identified your development area, reach out to the local estate agents. Whether it’s a call or an email, introduce yourself and outline what it is you’re looking for in a property. Discuss timelines, financials, and your end goal (place tenants in the property or sell for profit). With the right “profile” of property, the agents can start sending property development opportunities directly to your inbox. This will save you precious time, and they might even send you a hot tip for a property that’s yet to be posted online. The best estate agents know their local market, so if you’re looking for a buy-to-let in Glasgow, a buy-to-let in Edinburgh, or HMO development opportunities, they’ll be able to point you in the right direction. Looking for property development opportunities in Scotland? Make Cairn your new best friend. Tell us what you’re looking for and we’ll be happy to help. Contact us here.
Buy To Let, Edinburgh, Hints & Tips, Landlords
Tips for Letting Edinburgh Property During the Festival
Tips for Letting Edinburgh Property During the Festival Are you a landlord interested in letting Edinburgh properties during the festival? Read on. So, you’ve got yourself an Edinburgh property within walking distance of the most popular Fringe venues, and you’re wondering if you should rent it out for the summer? You’re not alone. Many Edinburgh residents get out of dodge when the Festival rolls into town, and they often make a pretty penny by putting their property on the short-term rental market. But before you let those flashing pound signs cloud your judgement, there are a few things you need to know. Here we share our top tips for letting Edinburgh properties during the world’s biggest arts festival. COVID Disclaimer: At the time of writing, the 2021 Edinburgh Fringe is “under construction”. However, these tips are evergreen and can be used whenever the festival returns to normal, whether that’s this summer or beyond. Letting Edinburgh Properties During Festival Season 1. Make Sure Your Mortgage Allows Short-Term Lets First thing’s first, you need to ensure you’re allowed to market your property as a festival let. You might think that your buy-to-let mortgage has you covered, but this generally requires that you let the property for a minimum of six months. Instead, you need a special holiday-let mortgage — and these are more expensive and difficult to acquire owing to increased risk and uncertainty. Even trying to fly under the radar by putting your property on sites like Airbnb could leave you in breach of your mortgage contract, so while tempting, it’s ultimately not worth it. 2. Don’t Rush Into Anything — Always Vet Your Tenants When you let your property long-term, both you and your tenant are guided by various legal obligations and responsibilities. However, when you let short-term, your tenants may not feel as responsible, given that they’re only staying for a few days or weeks. This means you could end up renting to someone who fails to take care of your property in the same way a long-term tenant would. And this could leave you out of pocket and chasing payment for repairs should the worst happen. Just remember, festival lets are always in high demand, so there’s no need to rush. Take your time and vet your tenants to find someone you can trust with the keys to your property. 3. Move Your Valuables Into Storage Most short-term renters understand that they’ve booked another person’s home for the duration of the festival, so at a minimum, they’ll expect furniture, cutlery, utensils, and other bits and pieces. But they’ll also want to feel at home during their stay. So it’s a good idea to pack away your personal belongings, assorted knick-knacks, photographs, and any other valuables. Also, don’t forget to lock away important documents, like bank statements or passports. Or better yet, take them with you. 4. Take Plenty of Photos (Before & After) Finally, similar to renting long-term, it’s best practice to take plenty of photos immediately before and immediately after a short-term tenancy. That way, you have a record of the condition of the property should you need to pursue the tenant for any damage that occurs during their stay. Interested in Letting Your Edinburgh Property? Talk to Cairn Whether you’re interested in renting Edinburgh properties short-term or long-term, Cairn can keep you right. Get in touch with our Edinburgh property experts today.
Edinburgh, Hints & Tips, Properties For Sale
Find Flats For Sale in Edinburgh (Before They Go Online)
Find Flats For Sale in Edinburgh (Before They Go Online) Looking for flats for sale in Edinburgh? Follow these tips from Cairn and find them before they go online. Here’s something you might not realise: Some of the nicest flats for sale in Edinburgh are snapped up long before they make it to the market, let alone the property listing websites. So, how do these seemingly psychic house-hunters keep beating you to the punch? In this post, we share some of our favourite proactive property-searching tips: How to Find Flats for Sale in Edinburgh Before They Hit the Market 1. Get to Know Your Local Estate Agents The best estate agents work hard to keep their fingers on the pulse of the local market. And many develop close working relationships with sellers to achieve quick, profitable sales. As a buyer, you can aim to do the same. By getting to know your local agents (being clear, friendly, and responsive in the process), you might just get a few hot tips in return. This is especially true if you know exactly what you’re looking for in an Edinburgh flat for sale (and you have your finances in order). If something matching your specifications becomes available, an agent will often be happy to let you know before it hits the market. 2. Build a Team of Flat-hunters Unless you have your reasons for keeping it a secret, tell your friends, family, colleagues, social media connections, and anyone else who’ll listen that you’re looking for flats for sale in Edinburgh. That way, if they hear through the grapevine that someone they know or a friend of a friend is looking to sell, they can let you know ASAP. Word-of-mouth is an underrated way of finding properties, but it’s certainly effective! 3. Don’t Underestimate the Power of Letter Writing Do you know which part (or parts) of Edinburgh you’d like to move to? If so, crack those knuckles and get writing. Post letters through doors in the area(s) you’re interested in, explaining who you are, your situation, and asking if they’d be interested in selling their property. This approach is a numbers game. Most may discard your letter, but for some, it could plant a seed. Maybe they’ve been thinking about selling and simply discovering that there’s interest could be the push they need. Or, if you’re feeling particularly brave, you could knock on doors. Just be prepared for rejection. 4. Keep an Eye on the Rental Market Finally, it’s worth remembering that everything is for sale at the right price. If you see a property for rent that ticks all your boxes, there’s no harm in reaching out to the letting agent and inquiring about the possibility of buying it. Again, some landlords may have thought about selling up, especially if they’re finding it difficult to keep tenants, or if they live outside the city or country. By simply asking the question, you could prompt them to do a deal. Bonus Tip: Make Sure You Have Your Financial Ducks in a Row It’s easier to move quickly when you’re ready to move. So, if you get wind of a dream property edging towards the market, and you want to nip in there and nab it early, you need to have your finances in order. When you have the cash ready (or a mortgage in principle), you’ll seem less risky to the seller. And the attraction of a fast sale could encourage them to avoid the open market and deal with you exclusively. Interested in flats for sale in Edinburgh? Get to know Cairn a little better. Reach out and tell us what you’re looking for — we’re always happy to help. Contact us here. Did you know our Glasgow & Edinburgh branches specialise in Off-Market properties, Learn more about our approach to Tenanted Flats here.
Glasgow, Landlords, Letting, Services, Tenants
Switching Letting Agents in Glasgow: Advice for Landlords
Switching Letting Agents in Glasgow: Advice for Landlords Are you a landlord thinking of switching letting agents in Glasgow? Read on for some advice from Cairn. Expensive maintenance charges. Substandard repairs. Poor communication. Late rent payments. And every time you call, it’s someone different on the other end of the line — and they don’t know you or your property. As a landlord, the last thing you need is a letting agent mismanaging your property. If the above sounds familiar, it could be time for a change. And despite some common misconceptions, switching letting agents is easier than you think. Moving Letting Agents in Glasgow: Common Misconceptions Many landlords see changing letting agents as a hassle they can live without, so they stay loyal to an agency, even if they’re not meeting expectations. Others think they need to wait until the property is empty before switching, while some simply don’t see the point in moving. After all, a letting agent is a letting agent, right? Wrong. Let’s deal with these misconceptions, one by one: 1. “I have to wait until the end of the tenancy before changing agents.” This isn’t true. The Tenancy Agreement is between you (the landlord) and your tenant. The agency has been hired to manage your property — switching agents won’t impact the agreement. In fact, it’s often easier to change agents with a tenant in place, as it means the new agent can take over the management of the property without the additional need to advertise and place a new tenant. 2. “Every Glasgow letting agent is the same; there’s no point in switching.” Most letting agents provide similar services. However, the way in which these services are delivered can vary from one agent to the next. Think of it like having a favourite coffee shop, even though you can get a coffee almost anywhere. There’s more to it than simply getting what you asked for. Likewise, the very best letting agents in Glasgow are doing more than making sure rent is collected on time. They’re fully regulated, understand the legislation involved, prioritise quality customer service, and offer professional and reliable communication at all times. 3. “Moving to a new letting agent is more fuss than it’s worth.” Switching from an underperforming agent to one who values a strong working relationship and cares for your property and its tenants is absolutely worth the fuss — if it can even be considered “fuss” in the first place! In reality, there’s little you need to do in order to switch. Beyond giving your current agent written notice that you plan to leave, your new agent will handle everything on your behalf. Case in point… Switching Letting Agents in Glasgow (It’s Easier Than You Think) At Cairn, we make switching simple. From liaising with your current agent to communicating with your tenant(s), we take care of every last detail, including: The acquisition of a detailed handover from your current agent. This will include information related to rent arrears, payment plans, planned maintenance, and outstanding tenant requests; The transfer and recording of the latest safety certificates; The transfer of all keys, up-to-date inventory, and the current lease agreement (if applicable); And the provision of a new point of contact and updated bank details for rent payments to your tenant(s). You are appointed a property manager so you are dealing with one point of contact. Our qualified and experienced property managers conduct audits on documents sent to us to ensure that all legal responsibilities are met and the landlords interests are protected. If you’re interested in changing letting agents in Glasgow, visit our Getting Started page or contact our friendly team for more information.
Edinburgh, Hints & Tips, Selling
Choosing Edinburgh Estate Agents: How to Make a Shortlist When Selling in the Capital
Choosing Edinburgh Estate Agents: How to Make a Shortlist When Selling in the Capital Selling your property in or around the capital? You’ll need to make a shortlist of the best Edinburgh estate agents for starters. But what should you look for, and where should you look? Here we share our top tips: Building a Shortlist of Edinburgh Estate Agents 1. Check for Legitimacy First thing’s first, you need to make sure the Edinburgh estate agent in question is a legitimate, trustworthy organisation. And the quickest way to do this is to check their website for professional body memberships and testimonials. If you spot the Scottish Association of Landlords or The Property Ombudsman logos, for example, alongside strong customer reviews, you’ll know that you’re dealing with an agency committed to doing things right. 2. Look at Their Photos + Videos While you’re on their website, take a look at some of their listings. Are the photos high-quality? Have the rooms been dressed and presented professionally? Do they offer video tours? You’re looking for an Edinburgh estate agent that understands how to entice potential buyers with eye-catching imagery. “No Images Available” just won’t cut it. 3. Read Their Property Descriptions Sticking with the listings, read a few of the property descriptions. Are they detailed and engaging? Do they cover the basics before diving into the particulars? Do they paint a picture of the property, the area, and the amenities? Or are they short, vague, and riddled with typos? You’re not looking for Shakespearean prose, but the words are as important as the pictures. 4. Review Their Social Media Activity Nowadays, more and more people are searching for — and sharing — properties on social media. With that in mind, you’ll want an estate agent with their finger on the pulse, active on the most popular social platforms. 5. Search Where They List Properties When it comes to selling property in Edinburgh, it’s all about getting eyeballs on your listing. To that end, you need an estate agent that’s familiar with the leading property portals. If they’re only sharing your property on their website instead of Zoopla, OnTheMarket, Rightmove, and more, that could be a red flag. 6. Visit the Edinburgh Estate Agents in Person (When You’re Allowed) Finally, it’s important to remember that people buy people. You’ll want to put your sale in the hands of an Edinburgh estate agent who’s knowledgeable, likeable, and motivated. So, when you’re allowed, make an appointment to visit their office (or arrange a call or video chat in the meantime) and get to know them better. And once you’ve followed those six steps, you can whittle down your list to two or three candidates. Now you can talk in detail about services, listen to their pitch, and discuss fees. Good luck! Add Cairn to Your List of Edinburgh Estate Agents Thinking of selling your Edinburgh property? Get in touch today to have a chat or arrange a valuation.
Buy To Let, Glasgow, Investment, Student Accommodation
Buy-to-Let in Glasgow: 4 Reasons Why You Should Do It
Buy-to-Let in Glasgow: 4 Reasons Why You Should Do It Learn why buy-to-let in Glasgow is a no-brainer in this post from Cairn Estate & Letting Agency. Once an industrial powerhouse, home to factories and shipyards, Glasgow is today every inch a modern European city. Full of culture, diversity, and a growing population, it’s little wonder that Dear Green Place has resonated with property investors. And in this brief post, we share 4 reasons why you might buy-to-let in Glasgow. Why Buy-to-Let in Glasgow? 1. A thriving economy With the largest economy in Scotland (and the 4th largest in the UK), Glasgow is home to a range of established and emerging sectors. The likes of health, education, retail, and finance — alongside digital, biotech, and low carbon industries — are attracting talent from far and wide, providing ample opportunities and competitive salaries. And with all these talented, well-paid individuals needing places to live, demand for properties is massive (more on that below). 2. A vibrant student population If you’re interested in investing in student accommodation, then look no further than Glasgow. With three top universities and eleven colleges in and around the city, it’s home to around 185,000 students. That makes it, by far, the biggest student city in Scotland, and the second-biggest in the UK. What’s more, Glasgow was recently named as the best UK city for millennials owing to an abundance of graduate job prospects, entertainment options, and overall quality of life. 3. Vital transport links Glasgow is incredibly easy to navigate, with plenty of reliable transport links dotted around the city. But the best part is, it looks like there could be significant improvements in the pipeline. For instance, the Subway (the third-oldest underground system in the world) is often the subject of audacious expansion plans, while a modern tram or light rail network has also been proposed. If these plans become reality, it could result in certain areas of the city becoming more desirable to commuters. And this could mean a greater return on investment for investors. This phenomenon isn’t anything new in Glasgow, either. As it stands, the proximity to a Subway station can actually push up rents due to demand. 4. Huge rental demand Finally, speaking of demand, Glasgow (alongside Edinburgh) is one of the best cities in the UK in which to purchase a buy-to-let property. According to these stats, the average rent in the city is currently £840 PCM, while the average time-to-let for a one-bedroom property is around 27 days. So, if you do invest in buy-to-let in Glasgow, you’ll enjoy terrific yields — and it’s unlikely that it’ll sit empty for very long! Cairn: Buy-to-Let Glasgow Experts Interested in exploring buy-to-let property in Glasgow? Get in touch with our property investment experts to learn more about our approach and services.
Glasgow, West End
How to Find the Best West End Estate Agents
How to Find the Best West End Estate Agents For many, the West End of Glasgow is the jewel in the city’s crown. A vibrant, sought after location, it’s home to beautiful properties, a buzzing nightlife, and idyllic green space. So, if you’re looking to call it home (or you want to sell your West End property at the highest price), it pays to work with the best West End estate agents. But how do you sort the best from the rest? In this short post, we share a few pointers. Introducing Glasgow’s West End The West End plays host to some of the city’s most stunning and unique architecture. Edwardian and Victorian buildings are set side-by-side with their modern counterparts, as old-style Glasgow tenements and glass facade new-builds weave seamlessly across the skyline. Byres Road is the area’s main artery, lined with busy bars, restaurants, shops and cafes. Take a wander down its cobblestone lanes to discover some of the West End’s hidden gems, including quirky boutiques, indoor markets, and independent galleries. And if the hustle and bustle gets to be too much, you can escape to the sprawling Kelvingrove Park or the leafy Botanic Gardens for a spot of quiet contemplation. All in all, it’s easy to see why Glasgow’s well-connected West End remains so popular. So, What Should You Look For in a West End Estate Agent? In our experience, there are three key questions you should ask yourself when shortlisting your West End estate agents. Let’s explore in more detail: 1. Are they local to the area? The best West End estate agents are part of the furniture. Their offices are located in the area, and their staff have real-world experience of the local amenities and transport links. Cairn, for example, is situated on Gibson Street, smack dab in the middle of the busy Kelvinbridge area. We’re a stone’s throw from Kelvingrove Park and 5 minutes from the University of Glasgow. While other estate agents might keep an eye on the West End, our staff know it inside out. 2. Do they have their finger on the pulse? To answer this, check their website and social media. Do they regularly post about events and activities in the area? Do they tweet about local news and available properties? And when quizzed on the hottest bars or the trendiest restaurants, do their staff answer without hesitation? That’s when you know you’re speaking with the real deal. 3. Are they part of the community? Finally, you’ll want to see that the West End isn’t simply a place of work for the agency. Instead, they’re a proud member of the community, actively involved and contributing to the spirit and togetherness. For instance, Cairn is regularly involved in local charitable initiatives and we’ve built up relationships with a number of West End-based partners over the years. The West End isn’t just a place of business; it’s our home. Cairn: Proudly Serving the West End of Glasgow Since 1999 Thinking of buying or selling in the West End? Let’s talk. Contact us today and speak to one of our friendly (local) property experts.
Buy To Let, Edinburgh, HMO Properties, Investment, Student Accommodation
4 Huge Reasons Why You Should Buy-to-Let in Edinburgh
In truth, there are loads of reasons to invest in buy-to-let property. From passive income and tax planning to long-term capital growth, it remains a popular and lucrative investment opportunity. But why should you focus your attention on buy-to-let in Edinburgh specifically? In this short post, we take a look at 4 reasons why Scotland’s capital remains in-demand with property investors. Why Buy-to-Let in Edinburgh? 1. A growing population The population of Edinburgh has been trending upwards since the 1990s and shows no signs of slowing. As of 2020, it sits at a whopping 536,775, and this is projected to grow to over 603,000 by 2035. This means it could rival — and even overtake — Glasgow at some point in the near future. And a growing population means a greater demand for housing stock. Worth bearing in mind if you’re trying to choose between the two cities. 2. A thriving student market Edinburgh is home to 6 universities and 3 colleges. The city attracts students from across Scotland, the UK, and the rest of the world, not just for its outstanding educational facilities, but also for its rich history, architecture, and nightlife. According to a recent census, full-time students comprise around 12% of the city’s population — and these students need somewhere to live! Investing in high-quality HMO student accommodation can meet that demand and deliver greater yields for property investors. 3. Opportunities for young professionals As we mentioned, Edinburgh’s population is growing rapidly, and a significant factor in that growth is the younger generation calling the city home. Around 20% of the population are in their 20s (only Aberdeen has a higher percentage in Scotland) and 15% are in their 30s. And as of 2018, the Scottish capital was the most prosperous UK city outside London. Around 40% of the workforce are in high-skilled jobs, with an average full-time salary of £30,700. This certainly ticks a few boxes for would-be property investors; namely young, full-time working professionals with a high level of disposable income. 4. The biggest arts festival in the world In 2019, a record 3 MILLION people descended on Edinburgh for the largest arts festival going. And although new legislation will be introduced in 2021 to control Airbnb-style short-term lets, the sheer number of tourists and performers visiting the city each year represents a massive opportunity for property investors, both in the short and longer-term. Cairn: Buy-to-Let Edinburgh Experts Interested in exploring buy-to-let opportunities in Edinburgh? Get in touch with our property investment experts to learn more about our approach and services.