Rettie are proud to be supporting New Homes Week 2024 to celebrate the benefits of new builds!
The Scottish Government has confirmed the rent increase procedure which will apply when the rent cap legislation ends on 31st March 2024. It will allow for Landlords to increase rents and for Tenants to dispute increases. The idea is simple enough, but the process isn't.
As we head into 2024 and reflect on the previous year we have had, there have been numerous highlights that are worth celebrating.
From Spring 2023 through to Autumn, demand for rental properties across Edinburgh and Glasgow far exceeded supply, leading to steep competition between tenants and double digit rent inflation. With the 3% rent cap remaining, combined with the rise in interest rates, landlords with vacant properties increased their rents more than in previous years.
Earlier this week, Rettie released a report on the existing housing need in Scotland.
Welcome to Rettie Research Property Consultancy, where we approach the evolving world of property consultancy in a fresh light. Recently recognized as Associate Member of the Year at the Homes for Scotland Awards, our team invites you to join us and become part of a team that helps to set new standards and shape the property industry.
A Guide to Decluttering Your Home … As we approach the start of 2024, it’s the perfect time to embark on a journey to create a clutter-free and organised living space. Decluttering your home not only brings a sense of order but also paves the way for new beginnings.
As we approach Christmas, the air is filled with the sweet scent of holiday anticipation. However, for many, the joy of Christmas can be overshadowed by the stress of hectic preparations, last-minute shopping, and the pressure to create the perfect celebration. Amid the hustle and bustle, it’s easy to lose sight of the true spirit of the season.
December is here which means the festivities have begun and we will once again be running our 31 days of Rettie Campaign!
Demand for rental properties across most levels in the market has been strong from the start of Q1 2023 and increased through Q2 & Q3. During the summer months, demand for affordable accommodation (£1000pcm - £1500pcm in Edinburgh & £800 - £1,200 in Glasgow), rose to almost unmanageable levels.
Background – A New Deal for Tenants … The Government are moving forward with rent control proposals, this includes controlling rents in between tenancies so properties will never be able to revert to the market rate.
The Build to Rent (BTR) sector is growing in Scotland, providing professional managed private rented accommodation funded by institutional investors. There are now close to 17,000 homes operating or in the pipeline across the country. Rettie have produced individual reports, providing the latest updates on BTR delivery in each of Scotland’s main cities.