New Build Completions in Scotland – All Is Revealed

July 18, 2013

With the lack of new housing supply becoming such a big issue (https://www.insidehousing.co.uk/missing-millions/6527782.blog or here https://www.spiked-online.com/newsite/article/affordable_housing/) Citylets felt it was important to explore the latest statistics from Scottish Government Housing Division to try and understand if this phenomenon was universal across Scotland. In previous blog posts we have examined the national statistics but the interactive …

PRS Trends and Strategies

June 21, 2013

As we highlighted in last week’s blog we are currently in a phase where the number of households formations in Scotland is growing but the supply of new build completions in the private and social sectors is at an all time low while housing sales transactions are half what they were 5 years ago. In …

Expansion of the Private Rental Sector in Scotland

June 12, 2013

With the increasing recognition of the significance of the Private Rented Sector (PRS) we thought it would be useful to explore some of the statistics that show the extent of the growth of the PRS in Scotland over the last 20 years or so. We know from the Scottish Household Survey (SHS) that the estimated …

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Citylets Q1 2013 Report

May 8, 2013

The 25th issue of the quarterly report from Citylets shows that in the first quarter of 2013 average monthly rents in Scotland rose by 1.7% over the year to £675. While this slight increase in rents did not match the Consumer Price Index (CPI) measure of inflation (2.8%), landlords will be relieved that there was …

Private Renting v Home Ownership as an Infographic

April 22, 2013

In last week’s blog we touched on the latest inflation data published by Office of National Statistics (ONS). They are well known for publishing an enormous array of statistical data on almost any topic and while most of it is rather dry they have begun presenting summaries of this data as ‘infographics’. From their summary …

Average monthly rents are not keeping pace with inflation at national level

April 18, 2013

Earlier this week it was announced by the Office for National Statistics (ONS) that the Consumer Prices Index (CPI) measure of inflation remained at 2.8 per cent in March, the same as it had been in February. Rises in inflation for audio-visual equipment and books, newspapers and stationery were offset by downward trends in furniture and furnishings, …

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