“Lack of supply, coupled with huge demand, continues to push rental prices higher with often multiple high quality applicants chasing the same property. The buoyant sales market provides temptation for some landlords to sell, whilst prospective landlords and those wishing to increase their portfolio are reluctant to pay over Home Report values and 4% Additional Dwelling Supplement, so new supply to the rental market is limited. The Lanarkshire area is increasing in popularity for renters and homeowners due to the excellent transport links for both Glasgow & Edinburgh combined with increasing options to work from home.”
I am a Tenant Landlord