FEBRUARY 2020

Thinking of moving? Now’s the time

To find more properties for sale, visit our new website property.lindsays.co.uk FEBRUARY 2020

SOLD Looking to sell in 2020?

There are always plenty of unknowns in the There are other reasons to sell with us too: housing market, but there’s one rule that • We know the market. Demand can vary from week applies whatever the state of the market and to week and place to place, and our up-to-date wherever you live: choosing a good agent local knowledge is invaluable for setting prices and marketing your property. improves your odds of a good sale. • We believe that no two sales are the same. There’s no one-strategy-fits-all in selling property, and we’ll Whatever type of property you’re selling, our experienced always take the time to listen, learn, discuss and team can help you with every aspect of the sale and explain the moving process, from advising you on your pricing • We’ll get you started with a free, no-obligation strategy to negotiating the sale to conveyancing. Our appraisal of your property, using our market know- experience and local market know-how will improve your how to help you decide if and when to sell. odds of achieving a good price and selling conditions that suit you. To find out more about how Lindsays can help you achieve your home move in 2020,

contact our West End office to arrange a 21 Bellevue Place, Bellevue chat and a free, no-obligation appraisal. A well proportioned and rarely available, mid-terraced late Victorian family house in

the popular and central area of Bellevue. Benefitting from numerous local amenities and easy access to the city centre. OffersOver £735,000

Leith 5 bed 2 reception 2 bath EPC rating D

Royal Botanic

Garden

UNDER

OFFER

Portobello

Calton

Hill New Town

Murrayfield Holyrood

Park

Duddingston

Zoo

Haymarket

The Meadows

Corstorphine _

Marchmont

Morningside

Craiglockhart Blackford

Hill

Braid Hills

Mortonhall

20 St Ronans Terrace 9 Ravelrig Hill

Morningside

Commanding superb views of the Pentland Hills and enviably A delightful terraced villa with private garage which would

A brand-new look… now benefit from modernisation and upgrading but offers located within an exclusive cul-de-sac, this significantly

upgraded villa offers an impressive two-storey family home. excellent potential to create a fabulous family home. To find more properties for S L L I we move people H D A N T L EPC Rating D OffersOver EPC Rating B Fixed Price sale, visit our new websiteP E N £620,000 £595,000 property.lindsays.co.uk 3 bed 3 reception 1 bath 4 bed 1 reception 2 bath

1 [email protected] INSIGHT

UNDER OFFER A solution to the subject to sale phenomenon

Edinburgh’s housing market, by its very nature, never stands listing their property and securing a sale conditional on them making a still. As solicitor estate agents, one of our key jobs is to keep successful purchase. that market moving; we sell our clients’ existing homes and In other words, the same people who help them find their next one. In that endeavour, to put it are placing ‘subject to sale’ conditions simply, we want to secure people the best possible sale and on purchases could turn this dynamic on its head and sell their properties purchase prices for their present and future homes and give ‘subject to purchase’. They will inevitably them a personal service along the way. be more relaxed about selling if they know that they have the safety net of being able to withdraw from the sale Doing this takes experience, and the In simple terms, the expansion of if they are unable to find a suitable knowledge that derives from that ‘subject to sale’ is happening because property to buy. experience. But buying and selling there is uncertainty in the market over homes is not our only job. We also have the supply of houses. In this sellers’ If others behave in the same way, the 3 Canalside, to use that experience and knowledge market, sellers know they’ll sell, but vicious circle becomes a virtuous circle. to monitor the market, look for trends, some are unsure whether they’ll be able This solution will not be for everyone, A spacious and immaculately presented five bedroom, detached family house. and make sure that we can predict the to buy what they want, so they simply sit and we will still see plenty ‘subject Quietly situated in an exclusive cul-de-sac close to the canal basin in Ratho. impact of those trends for the benefit of out until the supply increases. This is, of to sale’ purchases, and both sales OffersOver £490,000 our clients. course, a vicious circle, because fewer and purchases unlinked to another listings reduces the options for buyers transaction. 5 bed 1 reception 3 bath EPC rating C Trends are nothing new in the market. by pushing supply down further. Anyone north of around 40 years old, But for this particular section of the who has been moving up the housing It is most common amongst families market, stuck by a lack of supply, ladder throughout the current century, and downsizers, who generally want to SOLD ‘subject to purchase’ could be the key to will have experienced a world of ‘offers move but do not have to move and for unlock the door. over’ with no home report valuations; whom a sale only works if there is also then managed the downturn, or a purchase. Lack of supply of homes standstill, depending on their postcode; for sale is gumming up the market, Andrew Diamond, Partner Head of Residential Property then adapted to home reports and particularly for second and third time more prevalence of ‘fixed price’ or buyers, and it is likely that the market [email protected] 0131 656 5781 ‘offers around’; and more recently will react to this one way or another. moved back to ‘offers over’ as the market regained some buoyancy. But how? At Lindsays we see the possibility of a But now, as we head into the third new reality entering our lexicon - decade of this century, something new a sale ‘subject to purchase’. This is happening. In the last couple of years, would be a case of a seller we have seen an increasing number - most obviously a of purchases being ‘subject to sale’, downsizer or a whereby a buyer places a condition on family - the purchase that they must sell their own property before the transaction can conclude.

‘Subject to sale’ purchases now 14 Cramond Gardens 17 Shandon Crescent comprise a significant minority of our transactions at Lindsays. In response we Cramond Shandon adopt tailored strategies in order to secure the best deal - whether A delightful bungalow with driveway and private garden A centrally located, stone-built terraced house with private for a buyer or a seller - by front and rear gardens. The property now requires which provides flexible and spacious accommodation over taking into account the likelihood modernisation but offers considerable potential. two levels and situated in highly regarded Cramond area. of a problematic sale based on the property’s location, the selling EPC Rating D EPC Rating D OffersOver £465,000 OffersOver £460,000 agent, the asking price and so on.

3 bed 2 reception 2 bath 3 bed 2 reception 1 bath

0131 229 4040 SOLD

2 Lygon Road 28 Carfrae Park 20 Hillview Road 59 Falcon Road Newington Blackhall Morningside

This lower conversion of a Victorian end-terraced house with A charming bungalow in popular Blackhall. Close to amenities A delightful bungalow with stunning views of the Pentlands Forming part of a traditional sandstone tenement building, private gardens is located within the catchment areas for and excellent transport links, the property benefits from and attractive south facing gardens. The property would this significantly upgraded, main-door flat has the benefit Primary and James Gillespies High School. well-maintained gardens, off-street parking and garage. now benefit from upgrading and offers excellent potential. of direct access to private gardens to the front and rear.

EPC Rating D OffersOver £435,000 EPC Rating D OffersOver £425,000 EPC Rating D OffersOver £380,000 EPC Rating F OffersOver £360,000

3 bed 1 reception 2 bath 2 bed 2 reception 1 bath 3 bed 2 reception 1 bath 1 bed 2 reception 1 bath

SOLD UNDER OFFER “ Lindsays’ knowledge of the market and moving process is second to none. Their help was invaluable.”

The Harris family had grand designs… of upsizing to a property that they’d transform 11 Barnton Park Grove 8 Loan into their dream home. Our Barnton Silverknowes market know-how, service and skills got them there. Pleasantly located in a quiet leafy cul-de-sac, this bright A traditional, detached bungalow set within immaculately and spacious detached villa offers flexible family maintained gardens. This property benefits from a garage accommodation extending to 1,243 sq ft. and driveway and offers a lovely family home.

EPC Rating E OffersOver £395,000 EPC Rating D OffersOver £390,000 Find out how we can help you 3 bed 2 reception 2 bath 3 bed 2 reception 1 bath property.lindsays.co.uk

0131 229 4040 [email protected] “The Lindsays team were nothing short of amazing, holding my hand all the way.”

When Elaine looked to move from the city to East Lothian, she knew she could rely on our 14 Hainburn Park 86/4 Orchard Brae Avenue market know-how and great Craigleith service to get her there. After all, we’ve supported all her A delightful villa with pleasant outlook which benefits from An exceptionally bright, south facing first-floor flat with double driveway and attractive private gardens. The allocated parking space and lovely shared gardens and is moves since 1988. property provides spacious accommodation over two floors. situated within easy reach of the City Centre.

EPC Rating E OffersOver £335,000 EPC Rating C OffersOver £320,000 Find out how we can help you 3 bed 1 reception 1 bath 3 bed 1 reception 2 bath property.lindsays.co.uk

UNDER OFFER

40 (1F2) Braid Road 8/6 Appin Place 6/2 Hatters Lane 289 Dalkeith Road Morningside Broughton Newington

An extremely impressive first-floor flat with lovely outlook This immaculate and particularly spacious second-floor flat A stylish, two-bedroom flat occupying the first-floor of a This charming main-door flat is located in the Newington and is beautifully presented throughout. Situated in a is situated in a sought-after and modern development and modern development. The property is quietly located in the district. The property benefits from a large communal highly regarded and sought-after residential area. would suit a multitude of different buyers. popular Broughton area, to the north of the city centre. garden located to the rear, offering great outdoor space.

EPC Rating C OffersOver £295,000 EPC Rating C OffersOver £295,000 EPC Rating C OffersOver £255,000 EPC Rating C OffersOver £255,000

2 bed 1 reception 1 bath 3 bed 1 reception 3 bath 2 bed 1 reception 2 bath 2 bed 1 reception 1 bath

0131 229 4040 [email protected] UNDER UNDER OFFER OFFER

3/1 West Powburn 5/4 Murieston Crescent 21 Lyle Court 16/3 Wardie Dell Newington Dalry Barnton Trinit y

This bright ground-floor flat forms part of a modern This spacious first-floor flat within a traditional tenement A superb first-floor flat located within the exclusive Enjoying a lovely outlook this ground-floor flat enjoys a development in the popular Newington area. The property building is in excellent order throughout with sanded floors, McCarthy & Stone assisted living development in Barnton, private garage and balcony. Set within well-maintained is on a corner plot enjoying a tranquil setting. a feature fireplace and decorative cornice work. designed for the over 70’s offering independent living. grounds it would now benefit from some upgrading.

EPC Rating C OffersOver £245,000 EPC Rating C OffersOver £240,000 EPC Rating B OffersOver £235,000 EPC Rating C OffersOver £225,000

2 bed 1 reception 1 bath 2 bed 1 reception 1 bath 1 bed 1 reception 1 bath 3 bed 1 reception 1 bath

UNDER Your place in the sun needs a place in a Will OFFER

It’s surprisingly common that Property in the EU The important point is that whichever people who own a home in The general rule in the EU is that the country’s law you want to apply to your inheritance laws of the country where foreign property, you may need a local another country don’t tell their your property is situated will apply to your Will specifying your wishes, and you solicitor about it when they make foreign home. For instance, even if you’re should seek advice from a local lawyer a Will. They assume their heirs can domiciled in , your holiday home who knows what’s required. On your just inherit it along with the rest of in France or Spain is governed by the law death, your executors will also have to their estate. of France or Spain. apply for probate locally. However you may have the option to Property outside the EU Alternatively, they include that home in make a foreign Will saying you want the Elsewhere in the world, there’s no hard their Will in Scotland, but don’t realise they law of your nationality to apply to your and fast rule about inheritance and may also need a Will in the country where estate. For example, if you’re Scottish and succession. It will depend on the system that home is located. move permanently to France, you can in the specific country and whether there still leave your French home according are agreements in place with the UK. In both of these scenarios, you’re exposing to Scottish law, without having to follow Again, you will need advice from a local your heirs and executors to serious French ‘forced heirship’ laws. lawyer to tell you your options. potential legal problems; in some cases, That’s all due to an EU Regulation which local rules could prevent your foreign aims to make the different laws of home going to your chosen heirs. succession more consistent across the Morag Yellowlees

EU, and it is still likely to apply to British- Private Client Services

owned property in the EU even after [email protected] 94 Broughton Road, Broughton

Brexit. 0131 656 5538

A beautifully presented main-door flat which benefits from a private front garden, situated in the sought after area of Broughton. This superb property has been modernised by the present owner to offer a stylish home within easy reach of the City Centre. OffersOver £175,000

1 bed 1 reception 1 bath EPC rating C

0131 229 4040 [email protected] Get in touch with our team property Residential Property Managing Director, Sales Negotiator Maurice Allan Alison Howie Property Administrator Heather Archibald Andrew Diamond Dorothy Fraser

Director Partner Edinburgh EH38HE 19A CanningStreet Caledonian Exchange Christine Carmichael Head of Residential Sales Negotiator Heather Straub Senior Paralegal Client Services Tracy Nicoll Property Administrator Louise Goodall Dorothy Rankin Kirsty Cooper Director Partner

W: property.lindsays.co.uk E: [email protected] T: 01312294040 Property Manager Sales Negotiator Amanda Price Eileen Grant Reena Koli Paralegal

Property Administrator Roberta McLauchlin Kenneth Stanley Vhari Selfridge Director Partner Property Administrator Irene Hamilton-Jones Property Manager Elaine Keating Jenna Logan Paralegal

Property Administrator Francesca Willetts Yvonne Taylor Senior Solicitor Ross Hadden Partner Property Administrator Property Manager Gemma Brown Nicola Scott

CONVEYANCING TEAM PROPERTY TEAM