Reading some sectors of the press would leave you feeling that the Scottish Private Rented Sector (PRS) is facing a wholesale crisis with rents out of control nationally. The evidence to the contrary is conclusive. Rents are, on the whole, falling in real terms (adjusted for inflation) and in many cases, well, simply falling . …
Read more >We recently ran a basic poll on the Scottish Referendum with 500 tenants in Scotland’s main cities and it was interesting to see a strong link between voting choice and perceived prospects for home ownership. Around 2/3 of those voting Yes believe their prospects of home ownership would be better in an Independent Scotland and …
Read more >Citylets is delighted to confirm that we are a lead sponsor of the forthcoming Agency Business conference to be held in Glasgow on Thursday Sept 4th. Convened by Landlord Accreditation Scotland and SAL Council of Letting Agents (CLA) and now in its 4th year, this event is the main industry focus for Scottish letting agents. …
Read more >With the recent float of Zoopla Property Group on the stock market to the value of around £1billion, we felt it was now the right time to fully inform the Scottish letting agent market as to why we didn’t want a partnership back in 2012 when Zoopla merged with Digital Property Group (DPG) to form …
Read more >Private rents in Scotland have been rising well below the rate of inflation since our records began in earnest back at the start of 2004. The CPI has risen 30% between 2004 and 2013 compared to just 7% for national Scottish rents. Against this backdrop, it is difficult to find argument in support of the …
Read more >I was saddened to hear of one recent market development as it is surely inappropriate for any property portal to suggest to Scottish letting agents to restrict their choice of property portals (adopting a one other portal rule) …..whilst themselves engaging in the wholesale distribution of property listings to Zoopla, a site co-identified by the …
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