Mortgage advice in Edinburgh

Edinburgh has 12 distinct neighbourhoods, ranging from leafy Corstorphine in the west to Portobello in the east, whose stretches of sandy beaches overlooking the Firth of Forth became a popular spot with locals during lockdown. These suburban outskirts of Edinburgh tend to be cheaper than the centre of the city, with the average detached house prices sitting anywhere from £300k to £500k. Of course, amongst the more affordable properties there are some spectacular mansions, but with prices that reach well into the millions, you will need to have a very large budget to afford one of them.

As you move closer to the city centre, you will find some of the city’s most prestigious addresses, Stockbridge, New Town and Old Town which all boast plenty of good schools, parks, cafes and restaurants.

The city benefits from some great public transport connections, with most journeys from the suburbs into the city centre taking no longer than an hour. Edinburgh Waverley is the city’s major train station, providing fast routes to London (4 hours 40 minutes), the highlands as well as numerous other destinations across the country.

Whatever it is you are looking for, Edinburgh has a lot to offer those looking to live and work in the city. Whether it’s architecture, nightlife, shopping or leafy suburbs that you’re after, there’s something for everyone. If you’re planning to buy a property in Edinburgh, you can find out more about the mortgage options that might be available to you, and how they compare, in our articles Mortgages for over 50s: What you need to know and Mortgages for over 60s: what you need to know.