Property to rent in Dundee continued its strong growth up 12.5% YOY to average £722 per month, a new ATH. TTLs remain at historic lows, now 16 days. Just £1 separates the city average from Aberdeen.
“Q1 of 2022 really hit the ground running. From very early January business was back in full force after the festive break, with multiple applications for all available properties and rents holding at very robust levels. The student sector similarly saw a brisk start, with lettings now completed on the majority of properties ahead of the coming academic year. Predicting uncertain times ahead with the ever rising cost of living, we anticipate that tenants may be less keen to move so the focus will remain on ensuring that existing tenancies are managed sympathetically and carefully to both safeguard landlords’ rental income alongside the wellbeing of tenants.”
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