“Q1 of 2023 saw an unprecedented upsurge in the asking prices for rents in Dundee, directly influenced by a continued demand for good quality property outstripping available market supply. Additionally tenant contact for not only advertised properties but speculative enquiries for any property becoming available in the coming months increased. Competition between tenants is fierce and completed applications are being received ahead of viewings in an attempt by interested parties to secure tenancies ahead of others. We attribute this to existing tenants staying on in their rental properties and their reluctance to move on in an uncertain renters market.”
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