“The impact of the Cost of Living Act is now evident. Landlords are leaving the PRS citing that punitive anti-letting government policy has relentlessly undermined the sustainability of letting property in Scotland. For the first time, we are finding that some tenants who have been issued notice to leave due to their landlord selling, are finding it extremely difficult to source alternative, reasonably priced accommodation and are unable to leave on their vacation date. The impact of this will be a surge in eviction cases being lodged with the FTT, adding even more pressure to landlords and the industry. For properties returning to the market, exorbitant rents continue to increase as availability diminishes.
I am a Tenant Landlord