This is the result of an exit survey following an invitation-only property investment seminar held by Edinburgh-based Cullen Property, Hampden & Co private bank, Lindsay’s solicitors and Johnston Smillie chartered accountants.
In the survey, 85% of respondents said they are confident about investing in property in the near future. The same number expressed their intention to increase their level of investment in the property market whilst only 23% said they had been influenced by the uncertainty surrounding Brexit negotiations.
Steve Coyle, Cullen Property Managing Director, said: “Successful property investment is for the long-term and this is where Edinburgh’s strengths lie as a location. The capital has consistently delivered growing returns for property investors, even during periods of relative economic and political uncertainty.
Most attendees at last week’s seminar have been property investors for a number of years and these responses show their confidence in the Edinburgh residential letting and property market as well as property as an asset class in general.
Engaging with experienced teams for relevant and up-to-the-minute legal, tax, financial and management advice is often the key to successful property investing.”
Graeme Hartop, CEO of Hampden & Co, states “The breadth of opportunity in the Edinburgh property market, balanced by the increasing complexity of options, continues to highlight the value that professional advisers bring to investors.”
