Time to bring a reality check to the Rent v Buy stories

As the housing market continues to flat line there are ever more headlines appearing in the mainstream media that suggest buying can be more affordable than renting.  Most articles seem to be based upon overly simplistic views of the costs  and ignore integral components of any move; house deposits, stamp duty, conveyancing costs.  Some recent …

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Scales Tip Towards Mobile Browsing

A significant shift in browsing habits has seen a huge 160% year on year rise in mobile web traffic (including tablet) to Citylets.co.uk and a slight dip in desktop browsing for the first time. Mobile now accounts for around 30% of all web visitors to Citylets. Whilst overall traffic in 2013 to date is 20% …

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The Rise and Rise of the Private Rented Sector

As a lettings only portal the increase in coverage given by the main stream media to the private rented sector (PRS)  is certainly reassuring.  It is now widely recognised that the PRS has been growing in size and significance over the last 10 years, and we would argue that the quality of property and standards …

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Citylets Adds to Research Team as PRS Comes Under Further Scrutiny

Citylets Adds to Its Research Team In yet another change for the lettings industry in the UK, the Advertising Standards Authority has now ruled that Letting Agents cannot advertise property to rent without full disclosure of their fees. Whilst this may not affect Scottish Letting Agents with an outright ban imposed last year – a …

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Urban Hotspots See Sharp Rise in Rents 1

We are in the midst of compiling our analysis of the Scottish private rental market for the fourth quarter of 2012.  Here is a quick preview:  As the chart below shows there have been dramatic increases in average monthly rent recorded in the fourth quarter in Edinburgh and Aberdeen.  However, our preferred basis for analysing …

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Some of the cheapest rents are to be found in Glasgow

We thought it would be useful to expand on the small piece that appeared in yesterday’s Evening Times which can be seen here: It was based on figures compiled for our most recent report for Q3 2012 which can be found here: The 25 least expensive areas to privately rent in Scotland are listed below, and it …

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