Category: Research

Central Belt Drives Scottish PRS Engine

Strong growth in Edinburgh and Glasgow continues to propel average Scottish rents upwards with chronic imbalance between supply and demand setting in within the central belt. The latest Citylets Quarterly Report to Q3 2016 shows average rents in Edinburgh have broken the £1000 per month mark for the first time and growth in Glasgow has …

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Glasgow Rental Market up 20% in 5 years

The Glasgow rental market has been rising steadily over the last 10 quarters with average rents now standing at £719 per month as at Q2 2016, up 5.0% from a year ago. Positive annual growth has been recorded in Scotland’s largest city quarterly since Q4 2013 as rents continue to track the national average at …

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Edinburgh Rental Market up 28% in 5 years

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 …

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Scotland’s Private Rented Sector Continues Rise

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 …

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Scottish PRS Charts A Certain Course Amidst Sea of Change

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 …

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Scottish Landlords & Tenants Favour Remain

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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