The landscape of work has undergone a seismic shift in recent years, with “remote work” emerging as a predominant force shaping this transformation. As the concept of remote work has moved from being a niche to a mainstream mode of employment, it has rippled its effects across various sectors – notably the property market. Scotland, …
Read more >Brexit has ushered in a period of significant change for the United Kingdom, including Scotland. Among many other sectors, it has affected the rental market in various ways, some anticipated, others unforeseen. This blog aims to unravel some of the critical impacts Brexit has had on Scotland’s rental market. Challenges To start, the uncertainty surrounding …
Read more >Rents in Scotland’s private rented sector (PRS) continued to edge upwards in the first quarter of the year despite the political landscape which has impacted markets in other sectors. The average property to rent in Scotland rose 1.7% to stand at £793 per month. 1 and 2 bed properties charted a familiar course both recording …
Read more >Scotland’s private rented sector (PRS) continued to rise, up 5% year on year (YOY), according to the latest Citylets Rental Report Q4 2018. Strong demand for properties of all sizes in major cities underpinned growth, with larger 3 and 4 bed properties posting the steepest gains as an increasing number of families settle in the …
Read more >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 …
Read more >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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