3.5% Increase in Average Selling Price for East Central Scotland

An increase of 14.3% year on year (YOY) in the volume of properties sold in east central Scotland was noted between March and May 2019. The City of Edinburgh recorded 18.9% YOY rise on sales volume for this period. Business Analyst at ESPC, Jamie Fraser-Davidson explained: “This is likely a result of the increase in …

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First Site Acquisitions by Mid-Market Rent Investment Fund

PfP Capital, the mid-market rent housing fund set up last year by Places for People and the Scottish Government, has acquired two development sites in Scotland to deliver much needed affordable homes. Multi-million mid-market rent investment in East and West Scotland The first site, a £7.3 million development, was purchased in Paisley in partnership with …

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Everything You Need to Know Before Becoming a Tenant

Renting a property might seem like less hassle and financial commitment than buying a home, but it isn’t always as simple as finding somewhere you like, moving in and then paying the rent on time. Before you embark on renting a property, here are some of the top considerations that you may not have thought …

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Lets Talk with Jonathan Gordon

Jonathan Gordon, Managing Director of Edinburgh based Clan Gordon dropped into Lets Talk to join Gillian for episode 12 and discusses his lettings company that he runs with his brother Andrew. Focused on delivering high standards within the private rented sector (PRS), Jonathan explains how their agency is regulated by both RICS and ARLA and …

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Mary Barbour Bill to Be Revoked in Scotland?

The Scottish government has launched a new consultation on introducing measures to restrict rent increases in the Private Rented Sector. Rent caps and proposed changes The Scottish Private Rented Sector already has a form of rent control. At present, local councils can apply to Scottish Ministers to have an area designated as a Rent Pressure …

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And the Winner of the Residential Letting Team of 2019 is…

For the second year running Citylets was delighted to sponsor the Residential Letting Team of the year at the Scottish Home Awards, held in the Double Tree by Hilton Hotel in Glasgow. Scottish Home Awards recognises excellence in the housebuilding industry across Scotland. Judged by a panel of experts drawn from across the sector, this …

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