“The South Lanarkshire market continues to perform well, however, with demand hugely outweighing supply - this is resulting in increased rents which could be difficult to sustain during and after the current economic climate. Just as the cost-of-living crisis is impacting tenants, property owners are also being hit hard with increased interest rates, and many are feeling in a catch twenty-two situation. This situation is making current property owners reconsider their future in letting and making potential landlords think twice about investing in rental properties at the moment. This then fuels the issue with low stock availability, and the cycle continues.”
I am a Tenant Landlord