Edinburgh property market sees record-breaking start to 2019

Despite the prospect of Brexit, Warners Solicitors and Estate Agents listed 99 properties for sale last month - an annual increase of almost 40 per cent compared to January 2018.

In addition, buyer activity has also risen over the last year. During the month of January, Warners recorded 78 sales – an increase of 70% annually which also marked the highest level recorded by the firm since the onset of the credit crunch over ten years ago.

David Marshall, operations director with Warners, said: “It’s been a really brisk start to the year for the property market with a substantial upturn in both the number of homes coming onto the market and the number of sales being agreed.

“One of the pleasing things that we have seen recently - and this has been the case since the middle of 2018 – is that there has been a steady improvement in the number of homes for sale in Edinburgh and the Lothians.

“The rise in new listings has meant that there is a more even balance between supply and demand leading to a healthier marketplace.”