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
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 market in West Lothian has seen excellent growth in terms of value and selling time over the last 12 months and as we enter into 2018 activity remains high.
With more and more people being priced out of the Edinburgh market, and with excellent transport links, the villages and towns of West Lothian present an ideal opportunity for people to get more for their money.
The third quarter of 2017 saw West Lothian buck the trend of falling prices in previous quarters, seeing a welcome rise of 4.6%. Average sale volumes and market values also increased, 9.6% and 14.5%, and with prices in Edinburgh continuing to rise at a fair pace, this augurs well for West Lothian in 2018.
Broxburn, Uphall, Livingston and Bathgate are all doing particularly well with many properties selling in weeks, sometimes days, and closing dates starting to become a norm. We do not see any change to the market as we come into the Spring months with a lack of stock, particularly houses, being the main issue.
We have a number of registered buyers on our database, mainly looking for 2, 3 and 4 bedroom houses throughout the region and many ready to go as soon as they have found the right house.
The rental market in West Lothian has started off well in 2018 with a good level activity. Smaller properties are proving popular, with good returns and a quick turn around becoming the norm in the area once more.
There is an optimistic feel as Spring approaches and recent activity suggests this could be quite a busy period. The most recent figures from Citylets revealed that larger 4 bed properties fell in terms of rents, however the markets for one, two and three bed properties all rose, continuing an upward trajectory for the majority of the market.
As we move forward in 2018, if demand continues, we are optimistic that if properties coming onto the letting market in the area are well-presented, and rental prices are kept to a reasonable level, that they will let quickly.
At the moment the introduction of the Private Residential Tenancy at the end of 2017 doesn’t appear to have had a significant impact on the market. The activity we see through 2018 may tell us more.
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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