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 >We recently ran a basic poll on the Scottish Referendum with 500 tenants in Scotland’s main cities and it was interesting to see a strong link between voting choice and perceived prospects for home ownership. Around 2/3 of those voting Yes believe their prospects of home ownership would be better in an Independent Scotland and …
Read more >Citylets is delighted to confirm that we are a lead sponsor of the forthcoming Agency Business conference to be held in Glasgow on Thursday Sept 4th. Convened by Landlord Accreditation Scotland and SAL Council of Letting Agents (CLA) and now in its 4th year, this event is the main industry focus for Scottish letting agents. …
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