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Thursday, January 08, 2015

Scottish rental index hits high

Citylets rental data for Scotland in Q4,  show the average rent in Scotland has saw 7.9% growth over 2014, hitting a all time high of £732 pcm.

The rises have been driven by rent rises in Aberdeen, Edinburgh and Glasgow, with the majority of Scottish towns seeing smaller rises below the general rate of inflation.

Citylets warn that the downward pressure on oil prices could result in a 'cooling' rental market in Aberdeen.

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