Build to Rent arriving in Scotland | Letting Bulletin
The latest of our lettings bulletins has been released. The findings have come from our carefully researched data courtesy of the Rettie & Co. Research Team, Scotland’s largest dedicated property research department.
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• The largest Build to Rent deal in Scotland to date has recently been announced, with Rettie & Co. advising Moda Living and Apache in acquiring the West Edinburgh City Centre site, with plans to create over 500 homes for rent.
• Rents in Scotland continue to show modest growth, although there is a clear divergence between cites like Edinburgh (up 5.2% in a year) and Aberdeen (down 11.2%).
• The rise in the use of Limited Companies by landlords in the wake of legal and taxation changes in the sector continues apace – with over 260 mortgage products now available for this sector.