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Wednesday, February 25, 2015

Scottish rent rise is off the pace

Scottish rents are up by 1.3% over the last 12 months according to data from Your Move's Scotland Buy to Let Index.

Your Moves figures show that average rent in Scotland grew at half the rate of rents in England and Wales where the average growth was 2.8%.

The average Scottish rent is now £536 per month. 

Brian Moran, director at Your Move commented.

‘Despite snowballing demand for homes to let, the private rented sector has managed to shelter tenants from the worst extremes of rent inflation, and rents have navigated an affordable route broadly trailing inflation.’ 

Read Your Move's Scotland Buy to Let Index for January 2015

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