“Renfrewshire, it seems, has yet to feel the true impact of rent rises apparent in other cities. With 70% of housing stock restricted to 1 or 2 bed flats the average rental is £425 pcm. Only small rental increases are being imposed but many more landlords are feeling the impact of the tax relief being phased out and have chosen to exit the market. We’ve seen an 8% drop in stock levels with very few landlords entering the market. Properties in high demand are 3-bedroom cottage flats, semi-detached and 4-bedroom family homes but these are in very short supply and not encouraging to landlords are yields as significantly lower.”
I am a Tenant Landlord
