“Q1 has seen an unusually quiet start. Hesitation to move from sitting tenants due to a lack of available options coupled by high interest rates to buy, continue to add strain to an already limited rental market. With changes in rent controls from April and the pending new Housing bill, only time will tell what future or continued impact this is likely to have on the PRS in Scotland. West Lothian continues to see rent levels rising due to continued insufficient stock levels and high demand, as well as being an attractive area for commuting throughout the central belt, a trend I believe will continue throughout 2024.”
I am a Tenant Landlord
