Rental prices are increasing across much of Scotland says Your Move

October 2, 2017

Latest Your Move Buy-to-Let Index report September 2017 for Scotland headlines  ‘Scottish rents edge up in August’.

The report reveals: Demand for rental properties in Scotland continues to grow, typical Scottish rent stands at £579 in August, up 0.7% on July.

Brian Moran, Lettings Director, Your Move Scotland comments:

“Rental prices are increasing across much of Scotland thanks to high levels of demand and poor supply in many areas, with particular strain in Edinburgh which saw prices rise by 4.1% over the year.

“Scottish landlords continue to see returns of close to 5%. It’s crucial that all landlords in Scotland start to prepare for the changes on the horizon such as Letting Agent Code of Practice which is due to commence in early 2018.

“Landlords should be talking with their agents now to make sure they are prepared for the changes and understand what it means for them, sooner rather than later.”

Read the Your Move Buy-to-Let Index report September 2017 for Scotland in full click here.

 

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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