The latest of our lettings bulletins has been released. The findings have come from our carefully researched data courtesy of the Rettie Research Team, Scotland’s largest dedicated property research department.
Key Findings
• The City of Edinburgh Council has recently voted to investigate creating a Rent Pressured Zone (RPZ) in some or all parts of the city, potentially with significant implications for the private rented sector.
• Meanwhile, annual rental growth in Edinburgh and Glasgow is running at 5% on the basis of advertised rents, but growth has slowed to an average of 1% per quarter over the last three quarters.
• There are other signs that the rental sector is levelling off, with a stalling of growth in limited company BTLs and BTL lending rates have stopped falling in 2017.