It is now 5 years since the credit crunch squeezed half the life out of the property sales market. At the time, sales in Scotland more than halved and the buy-to-let market collapsed as lenders reduced their loan to values and tightened their lending criteria. Times have changed with recent Council for Mortgage Lenders (CML) figures showing that BTL lending is up 10 per cent...
The 25th issue of the quarterly report from Citylets shows that in the first quarter of 2013 average monthly rents in Scotland rose by 1.7% over the year to £675. While this slight increase in rents did not match the Consumer Price Index (CPI) measure of inflation (2.8%), landlords will be relieved that there...
In last week’s blog we touched on the latest inflation data published by Office of National Statistics (ONS). They are well known for publishing an enormous array of statistical data on almost any topic and while most of it is rather dry they have begun presenting summaries of this data as ‘infographics’. From their summary...
Earlier this week it was announced by the Office for National Statistics (ONS) that the Consumer Prices Index (CPI) measure of inflation remained at 2.8 per cent in March, the same as it had been in February. Rises in inflation for audio-visual equipment and books, newspapers and stationery were offset by downward trends in furniture and furnishings,...
Citylets attracted over 1 million visitors in the 1st quarter of 2013, up 19% on 2012 and more than the entire annual audience reach for 2007. The figure, which excludes additional users from our Android and iPhone Apps, represents over 300% growth in the last 6 years. We believe it is essential for Scotland to...
