Category: Glasgow Property News

Glasgow Lion

The Scottish Private Rented Sector recorded another annual rise as at Q3 2018 with rents up 2.2% to stand at £789 per month on average. Continued demand for properties of all sizes pushed rents higher with 4 bed properties, as per previous two quarters of 2018, recording the steepest annual growth at 5.5%. The average …

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Major Trends Continue as Scottish PRS Reaches New Highs

With most of Scotland’s large urban markets sitting at or near all time highs, it will be unsurprising to note that the average property to rent in Scotland recorded it’s highest figure to date in Q2 2018 at £799 per month. Scotland’s overall annual rate of growth, however, remains low at 1.3%. Larger properties, in …

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Supply Constraints Raises Edinburgh To All Time High

Competition for larger 4 bed properties lifted the Scottish national average into positive growth for the first time in 3 quarters. Average rents in Scotland rose to £780 per month, up 1.6% year on year (YOY). 4 bed properties rose 6% to stand at £1585 on average reflecting seasonal demand from the student population in …

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Glasgow Rents Surpass Scottish National Average

Whilst Letting Agents around the country are busy getting to grips with the new legislation and regulation, the latest Citylets market report for Q4 2017 shows that the rental landscape has also experienced new milestones. The average rental in Glasgow is now higher than the national average for the first time having tracked just below …

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New Mid Market Homes Key Part of £250m Glasgow Sighthill Regeneration

Sighthill Transformational Regeneration Area (TRA) in Glasgow is the biggest project of its kind in the UK outside of London. The plan worth £250m is now moving forward with a provision of over 800 new homes (including mid market), retail units and commercial development that will complete the regeneration of the area over the next …

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Glasgow Council Cleaning up Govanhill of Slum Properties

“The place is disgusting… they should take it all down”, says Liz Armour Crosbie, an activist with the Govanhill Community Campaign who blames rogue landlords for overcrowding and destroying her neighbourhood. It is estimated there are around 2,600 private landlords in the Govanhill area. In the past nine months, 22 of them have been banned …

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