Mid Market Rent Homes To Be Built in Ibrox

Plans to build 152 homes in the Ibrox area of Glasgow have been approved by Glasgow City Council’s planning committee. Glasgow Housing Association (GHA), whose former tenements on the site were demolished and laid empty for the last decade, has now been given the green light to build a new development that will consist of …

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Citylets Sponsors PRS Forum Scotland 2016

Citylets is delighted to confirm it has sponsored Scotland’s key annual Build to Rent conference, PRS Forum Scotland, to be held in Edinburgh on Oct 6th 2016. With keynote addresses from Kevin Stewart, Scotland’s new Housing Minister and Gerry More, the Scottish Government supported PRS champion, the conference brings together over 250 key stakeholders from …

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Scotland’s Private Rented Sector Continues Rise

Scotland’s Private Rented Sector continues its current steady YOY rise of 2%, up to £777 per month on average from £762 a year ago. Strong growth in Edinburgh and Glasgow in particular is again counter balanced by steep falls in Aberdeen. However there are signs that drag on the Granite City market will ease later …

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Scottish PRS Charts A Certain Course Amidst Sea of Change

The trends observed in The latest Citylets Quarterly Report to Q2 2016 have been a picture of almost unparalleled consistency amidst a world of uncertainty not seen since the financial crisis of 2008. Average rents at National level and within the main city markets of Edinburgh, Glasgow and Aberdeen are following seemingly set growth trends …

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Scottish Landlords & Tenants Favour Remain

Whatever the result of the EU referendum today, it is clear that both Scottish Landlords and Tenants appear to favour Remain. A Survey of 1000 Scottish tenants conducted by Citylets showed that 39% of those who currently rent, but want to own their own home, saw staying in the EU as better for home ownership …

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Glasgow Private Rents Maintain Steady Rise

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 …

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