Scotland’s private rented sector (PRS) continued to rise, up 5% year on year (YOY), according to the latest Citylets Rental Report Q4 2018. Strong demand for properties of all sizes in major cities underpinned growth, with larger 3 and 4 bed properties posting the steepest gains as an increasing number of families settle in the …
Read more >Citylets is proud to sponsor the ARLA Propertymark Scottish National Conference which will take place on the 13th March 2019 in Glasgow Hilton. The Scottish National Conference is a great opportunity to keep up to date with recent legislative changes in the property lettings market and learn the industry’s best practice. With so much happening …
Read more >With the increasing cost of renting in Edinburgh, where average rents stand at £1095 as at Q4 2018 according to the latest Citylets Rental Report, the need for more affordable housing has never been greater. Port of Leith Housing Association and Persevere Developments just recently celebrated completion of 43 new mid-market homes, forming part of …
Read more >A new study has revealed that 55% of tenants don’t have any contents insurance, which means their personal belongings are not covered if they are stolen or damaged by fire or flooding when renting. “It’s worrying to see that more than half of renters don’t have contents insurance, so they wouldn’t be compensated for the …
Read more >Positive signs for buyers planning to purchase a new home in early 2019 shone through in the last quarter of 2018, with the east central area of Scotland seeing a 23.9% YOY increase in new homes brought to the market. Edinburgh itself experienced a 14.7% YOY increase. A 9.2% rise was recorded in the number …
Read more >An Edinburgh landlord and amateur boxer, who dumped his former tenant’s possessions in the garden after evicting her and her children earlier this year, was awarded £1,250 compensation on the ITV’s Judge Rinder’s show. David Love, who owns properties in and around Edinburgh, served an eviction noticed to mother-of-nine Donna Newby in March to vacate the …
Read more >