Citylets Rental Report - Oil Cooled Market - Q1 2015 Summary

rent-trends

Rents in Scotland on the whole rose by 7.4% over the year to March 31st to stand at an average high of £751 per month. National rents have risen 16.4% since 2008, around 2.5% per year approximately the same as long term inflation. Properties of all size (1-4 beds) saw rent increases over the year with 4 beds rising the most at 9.7% reflecting the increased demand for family homes to rent across the country.

Edinburgh and Glasgow recorded similar annual growth of 7.7% and 8.1% respectively and Aberdeen also grew but at 2.2% representing a significant slowdown on annual inflation.

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rent-trends-Q1-15
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