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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Glasgow Private Rents Maintain Steady Rise

Residential prices for property and flats to rent in Glasgow continue their steady upward climb to £710 per month, up 4.6% on the year with 61% of residential properties letting within one month, according to our latest Quarterly Report. It was one-bed properties that rose the fastest with an 8.8% annual growth, taking just 26 …

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Citylets Sponsors The Agency Business Conference

Citylets is delighted to confirm that we are again a sponsor of The Agency Business conference to be held in Glasgow on Thursday 19th May 2016. Convened by Landlord Accreditation Scotland (LAS) and the Council of Letting Agents (CLA) and now in its 4th year, this key event is an industry focus for Scottish letting agents. …

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Edinburgh Rents Press On Towards £1000

Average asking prices for property and flats to rent in Edinburgh maintain their march upwards towards the £1000 mark, with rents up 6.6% on the year to stand at £972 at Q1 2016. 1 bed properties rose a full 9.5% to stand at £678 per month on average whilst 2 bed properties rose 5.5% to …

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