Average monthly rents are not keeping pace with inflation at national level

Earlier this week it was announced by the Office for National Statistics (ONS) that the Consumer Prices Index (CPI) measure of inflation remained at 2.8 per cent in March, the same as it had been in February. Rises in inflation for audio-visual equipment and books, newspapers and stationery were offset by downward trends in furniture and furnishings, …

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Citylets Remains Best Performing Scottish Regional 1

Citylets attracted over 1 million visitors in the 1st quarter of 2013, up 19% on 2012 and more than the entire annual audience reach for 2007. The figure, which excludes additional users from our Android and iPhone Apps, represents over 300% growth in the last 6 years. We believe it is essential for Scotland to …

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Time to bring a reality check to the Rent v Buy stories

As the housing market continues to flat line there are ever more headlines appearing in the mainstream media that suggest buying can be more affordable than renting.  Most articles seem to be based upon overly simplistic views of the costs  and ignore integral components of any move; house deposits, stamp duty, conveyancing costs.  Some recent …

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Scales Tip Towards Mobile Browsing

A significant shift in browsing habits has seen a huge 160% year on year rise in mobile web traffic (including tablet) to Citylets.co.uk and a slight dip in desktop browsing for the first time. Mobile now accounts for around 30% of all web visitors to Citylets. Whilst overall traffic in 2013 to date is 20% …

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The Rise and Rise of the Private Rented Sector

As a lettings only portal the increase in coverage given by the main stream media to the private rented sector (PRS)  is certainly reassuring.  It is now widely recognised that the PRS has been growing in size and significance over the last 10 years, and we would argue that the quality of property and standards …

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Citylets Adds to Research Team as PRS Comes Under Further Scrutiny

Citylets Adds to Its Research Team In yet another change for the lettings industry in the UK, the Advertising Standards Authority has now ruled that Letting Agents cannot advertise property to rent without full disclosure of their fees. Whilst this may not affect Scottish Letting Agents with an outright ban imposed last year – a …

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