Landlords Urgently Required due to unprecedented tenant demand

At Neil Reid Property we are receiving enquiries daily from prospective tenants with a requirement to rent property. Every property we advertise, we receive in the region of 50-100 enquiries within 48 hours.

Rents will be increasing again after 1st April 2024 so if you are thinking about renting out a property and wish to engage an agent, please contact us for a no obligation and free market appraisal.

For those landlords who self manage, please ensure you aware of the changing compliance requirements. An agent will have all of this covered for you as standard practice and also ensure all certificates are in place, legislation meets current Scottish Government criteria, leases are correct, deposits are lodged, inventories are correctly carried out, rent increases/debt management/tenant contact is all per the legislation. An agent will also guide you and can carry out any first tier tribunal applications required for your property.

If you are unsure of the self managed route, a new landlord starting out or simply want to change your letting agent, please do not hesitate to get in touch. We would be delighted to discuss your requirements at any time.

Areas we cover are: Lettings: Midlothian, Dalkeith, Bonnyrigg, Rosewell, Eskbank, Newtongrange, Gorebridge, Danderhall, Shawfair, Loanhead, Roslin, Penicuik, Lasswade, East Lothian, Musselburgh, Tranent, Dunbar, Port Seton, Gullane, North Berwick, Prestonpans, Edinburgh

Mortgage rates continue to fall in 2024!!

Happy new year everyone. Delighted to advise that rates from some High Street lenders have been cut today, quite dramatically by almost 1% with some. This is great news if you are looking to buy or your fixed rate mortgage is about to expire.

You can secure rates up to 6 months in advance of your mortgage deal being due to renew so please get in touch now to fix a good rate then if rates drop again before the renewal or purchase date, we will secure the best rate at that time for you. Nothing to lose and everything to gain.

Call us 7 days per week until 10pm on 0131 547 7075 for a FREE and no obligation discussion.

Good news! Mortgage rates continue to decrease…

Halifax and HSBC have both cut interest rates today meaning more good news for those looking for new mortgages or who are coming to the end of their fixed term deals on their current mortgage.

Halifax have a rate below 5% for those mortgaging with a loan to value of 60% or below.

With industry experts suggesting inflation is dropping eventually, this may only lead to further rate drops in the coming weeks.

If you are coming to the end of your mortgage deal in the next 6 months, or seek a new mortgage for any reason, please get in touch 7 days on 0131 547 7075 to discuss your options from the ‘whole of market’. Open until 10pm.

Mortgage rates are decreasing!

Mortgage rates have been reduced by some lenders which will hopefully push a little confidence back into the property marketplace.

If your mortgage rate is due to expire within the next 6 months, please get in touch with us NOW to secure the best rate available now and if the rate reduces before the expiry date of your current deal, we will secure the better rate for you. What have you got to lose??

This applies to residential, buy to let and new purchases including new builds.  We can also assist first time buyers with any available schemes.

Get in touch now on 0131 547 7075 for your ‘whole of market’ independent mortgage advice.

Dalkeith Thistle Under 13’s Sponsorship

Neil Reid Property are delighted to sponsor the home strips of Dalkeith Thistle Community Football Club’s Under 13’s Division 1 team for the next 2 seasons.

As a community business in Midlothian, ourselves supported by the local community by allowing us to sell, let or mortgage their homes, we are proud to give something back to the grassroots community by offering this strip sponsorship. Your business allows us to give back and help others.

We wish every success to the team for this and next season.

Best of luck boys!!

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