It looks like rent controls within Scottish cities are imminent. Councillors have just approved a report to be conducted regarding the introduction of Rent Pressure Zones (RPZs) across Glasgow. The Private Housing (Tenancies) (Scotland) Bill due to come in to effect this December, would mean that councils will be able to apply to the Scottish …
Read more >The Scottish PRS reached a new record high in Q2 2017 with average rents up 1.5% year on year (YOY) to £789 on average. Growth was materially underpinned by continued strong uplift in the key conurbations of Edinburgh (5.2%) and Glasgow (5%), where markets have reached respective all time highs, and with reduced drag from …
Read more >The Scottish PRS continues to prove very robust to geopolitical change as it plots a predictable path in Q1 2017. Competing forces from the central belt and Aberdeen result in a (near) zero sum game at just 0.1% YOY national growth. Rents in Aberdeen have indeed fallen to national average, as suggested in our last report, …
Read more >Hard to believe perhaps but it’s now 10 years since Citylets published its first quarterly report ‘Trends In Residential Lettings’. It has been very satisfying to see it evolve over the years to arrive at its current format. And of course for it to be accepted by the Lettings Industry as the de facto source …
Read more >Strong growth in Edinburgh and Glasgow continues to propel average Scottish rents upwards with chronic imbalance between supply and demand setting in within the central belt. The latest Citylets Quarterly Report to Q3 2016 shows average rents in Edinburgh have broken the £1000 per month mark for the first time and growth in Glasgow has …
Read more >Owned by LaSalle Investment Management and managed by Dandara Living, Forbes Place at Stoneywood in Aberdeen is the first build to rent development in Scotland. It features high standard accommodation of 292 fully furnished apartments and townhouses available exclusively for rent. Forbes Place is a part of a much needed response to a housing crisis …
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