“By the end of September, rental restrictions (freeze and then cap) will have been in place for 12 months and have had no positive impact on the challenges facing the sector. Indeed during that period, private rents in Scotland have increased at the highest rate of any country or region in the UK. The economics of demand outstripping supply continue to be the main challenge, especially in the post summer period as thousands embarking on study and new careers swell the ranks. As those few units become available, the consequence of the government action is that landlords are lifting rents as they do not know when or by how much they will be able to increase once the tenant(s) is in situ.”
I am a Tenant Landlord