Glasgow Cherry-Picked for Legal & General’s First Build to Rent in Scotland

Major Build to Rent provider, Legal & General, are to deliver their first purpose built apartments for the Scottish Private Rented Sector. They will provide funds for Drum Property Group to construct two 18 storey towers, consisting of 324 flats within Glasgow’s new Buchanan Wharf waterside regeneration area, which will also include the new Northern …

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Increasing Numbers of Families Calling Scotland’s PRS Home

Scotland’s private rented sector (PRS) continued to rise, up 5% year on year (YOY), according to the latest Citylets Rental Report Q4 2018. Strong demand for properties of all sizes in major cities underpinned growth, with larger 3 and 4 bed properties posting the steepest gains as an increasing number of families settle in the …

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Citylets Sponsors the ARLA Propertymark Scottish National Conference

Citylets is proud to sponsor the ARLA Propertymark Scottish National Conference which will take place on the 13th March 2019 in Glasgow Hilton. The Scottish National Conference is a great opportunity to keep up to date with recent legislative changes in the property lettings market and learn the industry’s best practice. With so much happening …

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Mid-Market Homes Fill the Void

With the increasing cost of renting in Edinburgh, where average rents stand at £1095 as at Q4 2018 according to the latest Citylets Rental Report, the need for more affordable housing has never been greater. Port of Leith Housing Association and Persevere Developments just recently celebrated completion of 43 new mid-market homes, forming part of …

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Tenants – Don’t Chance It! Get Contents Insurance

A new study has revealed that 55% of tenants don’t have any contents insurance, which means their personal belongings are not covered if they are stolen or damaged by fire or flooding when renting. “It’s worrying to see that more than half of renters don’t have contents insurance, so they wouldn’t be compensated for the …

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Significant Upswing in Homes Brought to the Market at the End of 2018 for East Central Scotland

Positive signs for buyers planning to purchase a new home in early 2019 shone through in the last quarter of 2018, with the east central area of Scotland seeing a 23.9% YOY increase in new homes brought to the market. Edinburgh itself experienced a 14.7% YOY increase. A 9.2% rise was recorded in the number …

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