Contact information for Scotland’s leading national law firm, solicitor estate and letting agent. Aberdein Considine, Ochil House, Beveridge Square, Livingston.
Ochil House, Beveridge Square
Viewings and valuations are available outwith these hours.
We are proud to offer clients the support of some of West Lothian’s most experienced property professionals from our estate agency and lettings office in Livingston. We also offer our full range of legal and independent financial services from the site.
The West Lothian residential market continued to perform strongly through the first half of 2021, with significant demand for family homes.
Viewings remain at very high levels, with the introduction of virtual viewings by Aberdein Considine certainly helping to inject life into the sector, with viewings and valuations rising considerably.
As always West Lothian is a hotbed of new developments and with positive news around the vaccination programme and the possible easing of restrictions near Easter it seems the developers may well be getting prepared for better times – one example of this being the new development of 3, 4 and 5 bed homes called The Almond in Livingston.
Across Lothian, West Lothian remains one of the top areas for value, with an average price between April and June of £236,036. This compares to a price of £285,729 in Edinburgh and £281,547 in East Lothian.
Demand is continuing to grow as we approach the summer, and with lockdown restrictions almost removed we could well see this pattern continue over the coming months.
Following a strong end to 2020, the rentals market in West Lothian maintained a healthy level of activity during the first half of the year.
There is huge demand for both flats and family homes in the region with a lack of properties coming to the market. In many cases offers in excess of the asking price are being received as renters race to secure a property.
The latest figures from Citylets revealed that average rent in the region increased 3.5% year on year to £744.
Whilst one bedroom homes had a 1.3% decrease in average rents, three bed properties saw a 4.3% uplift – not unsurprising given the increase in homeworking and the demand for family sized homes with more space internally and outdoor.
The average time to let was 17 days, a great deal quicker than the national average of 38 days - low levels of stock certainly helped contribute to quick turnaround times, with void periods reduced.
Two bed flats were letting at the fastest rate at an average of 15 days, and 44% letting within the week.
Demand continues to exceed supply and with lockdown restrictions looking likely to be removed almost completely, and with the economy expected to begin growing again, the rental market looks as if it will remain busy.
This may well be an ideal time for potential or existing landlords to explore the market.
West Lothian is ideally placed between Edinburgh and Glasgow with excellent transport links to both major cities. Substantial new-build developments in Winchburgh, Bathgate,
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Always so efficient, Julie Webster you are a star.
L. Milne, leasing client
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