West Lothian

Pat Mavor

Pat Mavor - Mavor & Co.

“At Mavor & Co. we had a steady increase in enquiries over the first quarter of 2020 prior to lockdown, with number of viewings and rental levels continuing to rise within West Lothian. Our experience is that there has been a levelling off of landlords wishing to leave the private rented sector due to the changes in the tax regimes and indeed, we are encouraged to find that there are some new landlords emerging into the market. Since lockdown, we have seen an increase in tenants giving notice for different reasons. After social distancing measures are relaxed and face to face viewings are permitted, we believe there will be a surge in new lettings.”

Market Overview - Q1 2020

BedsAverage
Rent
Rent Change
1yr
Rent Change
5yrs
Rent Change
10yrs
Av. TTL
(days)
TTL Change
YoY
Let within
a week
Let within
a month
1 bed £537 5.1% 25.2% 24.6% 29 -4 26% 59%
2 bed £630 3.4% 13.9% 16.5% 35 1 15% 51%
3 bed £726 -4.1% 15.8% 16.0% 33 -7 13% 55%
All £712 0.3% 16.0% 21.7% 34 0 16% 52%

Average Rent (pcm) by Number of Bedrooms

Average Time To Let (TTL) by Number of Bedrooms

Rental Index (base Q1 2008)

YearQ1Q2Q3Q4
2008 100.0 101.4 104.8 101.2
2009 101.9 98.4 100.5 99.7
2010 100.9 100.2 100.2 100.3
2011 100.7 104.8 100.5 100.9
2012 98.1 102.8 103.3 103.4
2013 104.1 103.8 108.8 104.3
2014 103.3 103.6 105.2 104.1
2015 105.9 105.7 107.9 110.0
2016 107.4 112.4 113.3 115.3
2017 113.1 112.9 114.7 114.7
2018 118.3 117.6 120.0 120.5
2019 122.4 115.0 122.6 124.0
2020 122.8      

Market Composition

Yield by Popular Postcode (Flats):

Postcode20132014201520162017
EH48 8.2% 8.1% 6.5% 6.8% 7.5%
EH49 5.6% 5.2% 5.2% 5.1% 5.1%
EH54 7.3% 6.9% 7.0% 6.9% 7.0%
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