Residential prices for property and flats to rent in Glasgow continue their steady upward climb to £710 per month, up 4.6% on the year with 61% of residential properties letting within one month, according to our latest Quarterly Report. It was one-bed properties that rose the fastest with an 8.8% annual growth, taking just 26 …
Read more >Average asking prices for property and flats to rent in Edinburgh maintain their march upwards towards the £1000 mark, with rents up 6.6% on the year to stand at £972 at Q1 2016. 1 bed properties rose a full 9.5% to stand at £678 per month on average whilst 2 bed properties rose 5.5% to …
Read more >Average asking rents in the Scottish PRS now stand at £767 per month, up 2.1% on the year. Competing forces of growth in Scotland’s main cities with the exception of accelerated reduction of rents in Aberdeen continue to result in the same steady annual growth for the country as a whole as seen in the …
Read more >As the Private Housing (Tenancies) (Scotland) Bill continues to pass through the Scottish Parliament, which includes calls for caps in Rent Pressure Zones, the market continues to ease with the latest Citylets Quarterly Report showing that average rents have fallen again, now at £747 per month- down from £757. Annual growth has also again slowed …
Read more >Reading some sectors of the press would leave you feeling that the Scottish Private Rented Sector (PRS) is facing a wholesale crisis with rents out of control nationally. The evidence to the contrary is conclusive. Rents are, on the whole, falling in real terms (adjusted for inflation) and in many cases, well, simply falling . …
Read more >Citylets is delighted to announce that it is headline sponsor for the eagerly awaited ‘Building the Rented Sector in Scotland’ conference next month at Murrayfield Stadium in Edinburgh. Convened by Homes for Scotland (HFS)- the umbrella body for Scotland’s home building industry- the conference brings together those who wish to see the capacity of the …
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