Citylets Rental Market Reports
Scotland - Q1 2012 Issue 21
This is our first report covering 2012, a year which will be significant for the Private Rented Sector (PRS) in Scotland as it experiences ongoing expansion as well as an increase in regulation. Tenant Deposit Schemes will soon be operational and there are proposals for the introduction of a mandatory Tenant Information Packs. The Scottish Government has also recently launched its consultation on a Strategy for the PRS and it will be important for agents and landlords alike to contribute their feedback.
Belfast - Q4 2011 Issue 8
In December the Citylets Rental Index stood at 101.8 which means that since we started monitoring
the private rental market in Belfast in January 2008 rents have risen by 1.8%. While this represents
growth below the rate of inflation, in the same period house prices have fallen by more than 40%. It is
evident that the dramatic downturn in the housing sales market has resulted in an expansion of the
private rented sector over the last four years.
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The Citylets Rental Reports are the only reports providing up to date information on the Scottish and Belfast residential lettings market. Describing trends and detailing rents in Scotland and Northern Ireland’s main cities they are an essential tool for both landlords and agents and a useful guide for tenants and those looking to rent. Started in 2007, the Reports are released on a quarterly basis and are based on over 50,000 annual lettings recorded by Citylets. Information, charts and indices may be reproduced in print publications citing "source- citylets.co.uk" or your website if the hyperlink "source- citylets.co.uk" is clearly identified.
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