08 Aug 2011

Scottish Private Rental Sector Remains Strong

Scottish Private Rental Sector Remains Strong

In the second quarter of 2011 national property website, Citylets processed a record volume of rental transactions and the average rent in Scotland reached £663 which is the highest level since the third quarter of 2008. This is partly due to the swell in popularity for rented accommodation caused by the continuing struggles that would-be homeowners are facing in financing their first purchase.

In the second quarter of 2011 national property website, Citylets processed a record volume of rental transactions and the average rent in Scotland reached £663 which is the highest level since the third quarter of 2008. This is partly due to the swell in popularity for rented accommodation caused by the continuing struggles that would-be homeowners are facing in financing their first purchase.

Read more: http://www.citylets.co.uk/reports/pdf/Citylets-Rental-Report-Q2-11.pdf


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