Logo
DropdownArrow

Buy a home HoverArrow

Remortgage HoverArrow

DropdownArrow

Purchase HoverArrow

Remortgage HoverArrow

Buy to Let HoverArrow

Increase your affordability HoverArrow

With a guarantor

Increase your affordability HoverArrow

Without a guarantor

NEW: long-term fixed rate

Fix your interest rate for up to 40-years and increase your borrowing to 6x income. Rates from 5.69%

Learn more
Discover all our mortgage schemes
New
DropdownArrow

Lifetime ISA HoverArrow

Latest Articles HoverArrow

NEW: CASH LIFETIME ISA

Save with the market-leading rate

Open a Cash Lifetime ISA today and earn 4.75% AER (variable) interest on your savings. Over 5-years, that’s hundreds more in your pocket than with the closest market competitor.

DropdownArrow

Latest articles HoverArrow

DropdownArrow

Buy a home HoverArrow

Remortgage HoverArrow

Mortgage loginCheck my affordability

Edinburgh house buying guide

Looking for houses for sale in Edinburgh, but unsure which area to choose? You’re in the right place, our Edinburgh buying guide will show you the best places to live. To see what you could afford and how you might get on the ladder sooner, create a free Tembo plan — or try out our Mortgage Calculator.

Get startedMortgage Calculator
British Bank awards 2023 Best Mortgage Broker winner
house-tear

Discover how much you can really borrow.

£
£
tear
key

£269,900 Average Property Price

hand

+0.8% Annual House Price Change

rocket

£82,000 Average Affordability Boost

Where should I buy in Edinburgh?

The Scottish capital is known for being a compact, bustling city with lots of history. Founded before the 7th century AD, the Old Town was built onto an extinct volcano! Complete with winding streets filled with pubs, shops, museums and cafes, it's a history-lover's dream.

As well as it's history, Edinburgh is also known for being the greenest city in the UK, thanks to having the best air quality and most amount of green spaces per head. It's also a centre for culture, hosting events like the Edinburgh International Festival and the Fringe each year - the world's largest arts festival. A hub of learning since the Renaissance, Edinburgh is also a pioneer in the sciences, technology and financial services, as well as digital technologies, film and creative industries.

Keep reading to find out the top 3 places to buy a home in Edinburgh.

side_image
image
£448,934

Average property price

New Town

The charming Georgian part of the city centre, New Town is known for its rows of elegant townhouses. There's plenty of bars, restaurants and cafes to enjoy your weekends in, as well as being a stone's throw away from all the shops you could possibly need. Plus, you'll be in the prime location for celebrating Edinburgh's world-famous Christmas and Hogmanay celebrations!

Transport

Within walking distance of the city centre, this grand neighbourhood is perfect for young professionals who want to be close to the centre of things without having to deal with as many tourists as the Old Town.

Local Schools

There are only a few primary schools in Edinburgh's New Town, mainly Saint Mary's PC and Stockbridge Primary School, as well as MDK Primary and Leith Walk Primary slightly further afield. There are two main high schools - Drummond Community High School and Edinburgh Academy which is private.

Property price growth

Over the last year, property prices in Edinburgh's New Town were similar to the previous year.

History

Edinburgh's New Town is like the orderly cousin to the city's more historic Old Town. Developed in stages between 1767 and 1850, the New Town boasts signature neo-classical and Georgian architecture.

Before this, Edinburgh was a city of tens of thousands of citizens cramped into the old city walls where filth, disease and crime flourished - the Porteous Riots and Jacobite Rebellion were symptoms of the discontent that resulted.

The city council responded with the creation of the New Town, built with a bold and imaginative design unlike the current city.

Struggling to buy a home in Edinburgh? We can help

Tembo specialises in helping buyers and home movers boost what they can afford so they can buy sooner. Create your free Tembo plan today for a personalised recommendation.

Get started

See today's best interest rates

If you're in a hurry to buy, make sure you don't miss out on the best mortgage rates from our panel of lenders. See today's current rates with our Interest Rate Tracker, or create a free Tembo plan for a personalised rate.

Interest Rate Tracker
Loading...

5* rated and thousands of happy customers

The application process

4 simple steps to getting the keys to your new home

Start my journey
pink-1

Make a Tembo plan

Check your eligibility for a range of buying schemes, and get a personalised recommendation with interest rates and repayments in under 10-minutes.

yellow-1

Talk to an expert

Book a call with our experts to complete the qualification process, and we’ll cover off any questions you might have about any of the budget boosting schemes we advise on.

green-1

Find a property

Once you’ve found a property, your dedicated advisor will undertake full affordability checks to prepare the mortgage application. Then we’ll submit it on your behalf!

sea-1

Make home happen

During conveyancing, we’ll liaise with the seller and your solicitors to ensure a smooth purchase. We’ll also provide a free protection review for your insurance needs.

Got questions? We've got answers

See all FAQs

Frequently asked questions

See all FAQs

Explore other locations

See all location guides

Data sourced from Zoopla's November 2023 House Price Index and Rightmove property prices. Accurate as of 05/12/2023.