| good advice and getting a mortgage in Edinburgh is | | | | mortgages are even more sought after. As with all |
| no different. | | | | locations there are fixed rate mortgages, discounted |
| Majestic Edinburgh with its famous castle has recently | | | | mortgages, capped mortgages, variable rate |
| been named as the best place to live in the UK by a | | | | mortgages and self cert mortgages. Plenty of |
| popular TV programme. Channel 4's property | | | | mortgage firms serve the city and some serve the |
| investment programme Location, Location, Location, | | | | rest of central Scotland as well. Many will be able to |
| backed by 4Homes poll topped the list of the best | | | | help you with full financial planning through |
| places to live in Britain, based on s a number of | | | | independent financial advisors, as well as access to |
| different criteria. Presenters Phil Spencer and Kirstie | | | | solicitors and surveyors. |
| Allsopp named Scotland's capital city as the best | | | | Confidence in bricks and mortar north of the border |
| place to live. "It is the flower of Scotland - and the | | | | means that the services of Edinburgh mortgage |
| rest of the UK now!" the said. One reason for its | | | | providers remain in demand. Despite turmoil south of |
| victory were the prices in Edinburgh, the typical | | | | the border, Scotland's housing stock has continued to |
| house selling for £205,000, said to be | | | | grow in value. There have been a number of reasons |
| £5,000 below the UK average. | | | | for this. Scottish property has long been undervalued |
| Overall in Scotland house prices have increased by | | | | compared to English, and has been playing catch-up in |
| 14.2% in the last year according to October research | | | | recent months. Devolution has meant that there has |
| from Halifax. This makes it the third largest increase | | | | been a fund injection into Edinburgh resulting in higher |
| of all the UK regions, and 3.5 percentage points | | | | prices, and the different process of selling in Scotland |
| above the UK average of 10.7%. During the the last | | | | also has an effect - discounting of property is |
| three months the region has seen house prices go up | | | | unusual. Large price rises have raised concerns about |
| by 0.7%. According to these figures, the average | | | | the sustainability of such growth. The news that |
| house price in Scotland is £141,158, which is | | | | Edinburgh is top of the best places to live in the UK |
| £57,740 less than the national average of | | | | list will undoubtedly serve to bolster house prices for |
| £198,898. | | | | some time, but there is a likelihood that house prices |
| The popularity of the city will mean that Edinburgh | | | | will flatten out over the next 12-18 months. |