The Edinburgh rental market has sustained a steep upward trajectory towards £1000 per month since Q4 2013. Average asking rents now stand at £986 per month as at Q2 2016, up 6.8% from a year ago. Positive annual growth has been recorded in the capital on consecutive quarters for over 3 years and with a …
Read more >Plans to build 152 homes in the Ibrox area of Glasgow have been approved by Glasgow City Council’s planning committee. Glasgow Housing Association (GHA), whose former tenements on the site were demolished and laid empty for the last decade, has now been given the green light to build a new development that will consist of …
Read more >Citylets is delighted to confirm it has sponsored Scotland’s key annual Build to Rent conference, PRS Forum Scotland, to be held in Edinburgh on Oct 6th 2016. With keynote addresses from Kevin Stewart, Scotland’s new Housing Minister and Gerry More, the Scottish Government supported PRS champion, the conference brings together over 250 key stakeholders from …
Read more >Scotland’s Private Rented Sector continues its current steady YOY rise of 2%, up to £777 per month on average from £762 a year ago. Strong growth in Edinburgh and Glasgow in particular is again counter balanced by steep falls in Aberdeen. However there are signs that drag on the Granite City market will ease later …
Read more >The trends observed in The latest Citylets Quarterly Report to Q2 2016 have been a picture of almost unparalleled consistency amidst a world of uncertainty not seen since the financial crisis of 2008. Average rents at National level and within the main city markets of Edinburgh, Glasgow and Aberdeen are following seemingly set growth trends …
Read more >Whatever the result of the EU referendum today, it is clear that both Scottish Landlords and Tenants appear to favour Remain. A Survey of 1000 Scottish tenants conducted by Citylets showed that 39% of those who currently rent, but want to own their own home, saw staying in the EU as better for home ownership …
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