Citylets

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A surge in demand for property to rent in Scotland has sent available stock levels down almost two thirds in just three months with many prospective tenants around the country having unusual difficulty finding a home, according to the latest property rental report by Citylets.

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Rents in Scotland’s private rented sector (PRS) have continued to rise with an increasing number of families now living in privately rented homes. In its latest report, property letting portal Citylets said a 5% year-on-year increase during the final quarter of 2018 was underpinned by strong d

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The average private rented sector (PRS) rents in Scotland’s cities increased by 1.5% to reach a record high of £789 per month in the second quarter of 2017 as demand from tenants continued to exceed supply, according to new figures. The latest index data from Citylets revealed that the increase w

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Average rents in Scotland’s private rented sector fell in the final quarter of 2016 by 0.9 per cent on the year to stand at £739 per month, according to new figures. Citylets reports that the vast majority of the national reduction can be attributed to Aberdeen where average rents fell by 15.4 pe

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Thomas Ashdown Rents adjusted for inflation have fallen in the majority of Scottish towns and cities since the onset of the credit crunch in 2008, according to new figures from lettings portal Citylets.

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Thomas Ashdown The removal of no fault grounds for repossession and the spectre of rent controls in city hotspots will result in an exodus of landlords from the Scottish private rented sector (PRS), new research has suggested.

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