TTLs in commuter belt areas continue to fall, most notably in West Lothian where the average TTL just breaks double digits at 12 days. 1 bed properties in the region let in 9 days, however larger properties still command the largest increase in rent.
“Rental property demand continues to surge in West Lothian with available stock remaining low and properties being let in a matter of days. On a positive note, investment landlords are now appearing to be active in the market to add to their current portfolios. The prospect of high rental returns and minimum Time To Let turnarounds, appear to be attractive factors to new and existing landlords. Demand is also pushing rental prices up with tenants still appearing to be relocating to the area from city centres. West Lothian is continuing to prove to be a strong area for the rental market.”
I am a Tenant Landlord