Private Rented Sector Booms in Scotland.

September 24, 2015

Declines in home ownership and a reduction in social housing have fuelled growth in Scotland’s private rented sector over the last year, and the recently published Scottish Household Survey revealed that the proportion of private rented households has grown from 5% in 1999 to 14%, some 266,000 properties.

As the private rented sector in Scotland continues to grow, one of Scotland’s largest agents is  gearing up for and increase in demand from buy-to-let landlords.

With buy-to-let loans reaching new volumes, and pension reform in full-swing, now is the optimum time for agents to attract buy-to-let investors, whether they are first-timers, cashing in their pensions, or seasoned investors looking to beef up their portfolios whilst the market is buoyant. This is great news for the seasoned investors and newly cash rich pensioners, who are now favourably comparing the yields available from property with other forms of investment.

In order to help them reach that investor market, Scottish Property Centre has just listed over 25 properties with buy-to-let potential on the dedicated investment portal,  Buy2Let.com, offering impressive yields of up to 10%.

Mark Higgins, Founder of Scottish Property Centre, commented:

“We have built up a great reputation over the last ten years and see to work with those who can match and enhance that reputation and deliver results. The Scottish investment market is performing very well, with a healthy, and growing, demand for rental properties. This is a great opportunity for us to be able to reach out to investors and landlords and offer them some great, high-yield opportunities, and Buy2Let.com is the perfect platform to help us do that.”

As Scotland’s fastest-growing independent estate agency network, Scottish Property Centre joins some of the industry’s best-known agents already listing on Buy2Let.com, including the franchised branch network of Northwood UK; full-service agents Leaders; and East London specialists, Stirling Ackroyd.

The Buy-to-Let market continues to grow, with high demand for rental properties, and improved mortgage lending, landlords are seeing some great return for their investment. Buy2Let.com is designed to be the perfect marketing partner for agents to reach investors directly, and encouragingly, it seems the panel of forward-thinking early adopters, including Scottish Property Centre, recognise this.

 

 

Alex Evans

You May Also Enjoy

Letting Agent Talk

The pros and cons of renting to students: is it the right choice for you?

Student properties are no different in term of quality and facilities than any other type of private rental. And although landlords may have to spend a fair amount on setting up and properly maintaining student lets, they can also charge a good market rent. To help you decide whether letting to students might be worthwhile…
Read More →
Finance

Autumn Budget Misses Mark on Housing Reform: UK Rental Market Squeezed by Shortages and Rising Rents

The UK rental market faces mounting pressures, with a recent Rics survey revealing a critical shortage of properties and surging rent prices. Landlord instructions, a key indicator of properties available to rent, fell to a net balance of -29%, marking this the lowest level since 2021. Strong tenant demand is driving rents higher, with 33%…
Read More →
Estate Agent Talk

Save a house deposit faster than ever in THESE areas!

Save a house deposit faster than ever in THESE areas! Aberdeen City in Scotland is named the best place to live if you want to save for a house deposit fast, saving in as little as a year and a half Inverclyde is second, whilst Burnley is third Average salaries and house prices in each…
Read More →
Estate Agent Talk

Finding Your Dream Home: Expert Advice from Camberley’s Top Estate Agents

Finding the right estate agent is crucial when navigating the competitive housing market in Camberley. With local expertise and in-depth market knowledge, these professionals can guide you toward your ideal property, saving you time and effort. Their understanding of the area’s nuances, from property trends to community relationships, positions them as indispensable allies in your…
Read More →
Breaking News

Zoopla reveals most affordable towns in Britain

With the average home valued at nearly four times average household incomes, Zoopla reveals the most affordable towns in Britain   An average property in Britain is valued at 3.8 times the average annual household income (assuming 2 full-time workers) Cumnock in Scotland, is Britain’s most affordable town to buy in 2024 with average property…
Read More →
Software & Tech

The Evolving Nature of Real Estate and Strategies for Agency Success

Real estate agents are used to working with fluid market dynamics. Adapting their sales strategies and responding to new industry demands is almost second nature to most agencies today. However, while making the necessary adjustments when following housing market trends is important, it’s also important for agencies to consider new business innovations that become available…
Read More →