HOUSEBUILDER Dandara East Scotland has revealed the ‘tipping point’ between renting and buying has never been clearer, with first-time buyers in Edinburgh and East Lothian ‘increasingly rethinking’ their housing choices as rising rents make homeownership a more attractive option.
The latest release of two and three-bedroom homes at The Pines in Wallyford by Dandara is offering an opportunity to get onto the property ladder with mortgage repayments described as ‘much lower than renting’.
With demand for rental properties continuing to outstrip supply, Dandara said rental valuations from local letting agents show that tenants are now paying more per month than homeowners with a mortgage.
The new homes at The Pines have been designed with modern living in mind, offering open-plan layouts, light-filled interiors, and south-facing gardens.
Tony Williamson, sales director for Dandara East Scotland, said, “The tipping point between renting and buying has never been clearer. First-time buyers are starting to realise that with the right support, homeownership isn’t just possible – it’s often the smarter financial move. Renting may feel like the easier option in the short term, but it offers no long-term security or return on investment.
“With demand growing in areas like Wallyford, buyers who step onto the ladder now are securing not just a home, but a stake in a rising market. With builder incentives such as a 5% deposit contribution available, many are finding that the upfront costs of buying aren’t as high as they’d assumed.”
