With the increasing recognition of the significance of the Private Rented Sector (PRS) we thought it would be useful to explore some of the statistics that show the extent of the growth of the PRS in Scotland over the last 20 years or so. We know from the Scottish Household Survey (SHS) that the estimated …
Read more >The 25th issue of the quarterly report from Citylets shows that in the first quarter of 2013 average monthly rents in Scotland rose by 1.7% over the year to £675. While this slight increase in rents did not match the Consumer Price Index (CPI) measure of inflation (2.8%), landlords will be relieved that there was …
Read more >In last week’s blog we touched on the latest inflation data published by Office of National Statistics (ONS). They are well known for publishing an enormous array of statistical data on almost any topic and while most of it is rather dry they have begun presenting summaries of this data as ‘infographics’. From their summary …
Read more >Earlier this week it was announced by the Office for National Statistics (ONS) that the Consumer Prices Index (CPI) measure of inflation remained at 2.8 per cent in March, the same as it had been in February. Rises in inflation for audio-visual equipment and books, newspapers and stationery were offset by downward trends in furniture and furnishings, …
Read more >As the housing market continues to flat line there are ever more headlines appearing in the mainstream media that suggest buying can be more affordable than renting. Most articles seem to be based upon overly simplistic views of the costs and ignore integral components of any move; house deposits, stamp duty, conveyancing costs. Some recent …
Read more >As a lettings only portal the increase in coverage given by the main stream media to the private rented sector (PRS) is certainly reassuring. It is now widely recognised that the PRS has been growing in size and significance over the last 10 years, and we would argue that the quality of property and standards …
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