Jul
30
Trends in Scottish Residential Lettings Q2 2010
Filed Under Aberdeen Property News, Citylets Rental Reports, Edinburgh Property News, Glasgow Property News, Market News, Renting news, Scottish Property News by DanCookson | Leave a Comment
We were really pleased that the BBC published our recent analysis of the Private Rented Sector in Scotland http://www.bbc.co.uk/news/uk-scotland-10698297
If you have not seen it our latest issue (No 14) of ‘Trends in Scottish Residential Lettings’ for Q2 2010 reported average monthly rents at £654 in Scotland, a 3.3% rise over the year. Rents in the 3 largest Cities eased upwards over the year as well. In Q2 2010 Edinburgh had an average monthly rent of £755, up 4.3% on the year, while Aberdeen rents were £854 up 2.0%. Glasgow saw rents of £590 which were up 2.6% on the previous year.
The Citylets Rental Index for Scotland stood at 110.9 in June which is the second highest figure recorded since the Index was initiated four and a half years ago (Jan 2006 =100). This and the steadily improving Time to Let figures are a clear indication of the increased demand for good quality rental property. Many tenants are extending their leases and pondering their first steps on to the property owning ladder.
To download your copy of the latest report visit http://www.citylets.co.uk/reports/
May
5
Citylets Rental Report Q1 2010
Filed Under Aberdeen Property News, Citylets Rental Reports, Did you Know...?, Edinburgh Property News, Glasgow Property News, Market News, Renting news, Scottish Property News by DanCookson | Leave a Comment
Our latest Citylets Rental Report for Scotland saw average monthly rents standing at £638, a small 1.3% (£8) rise between Q4 2009 and Q1 2010 and an increase of just £1 on the previous year’s figure. The 3 main cities also saw remarkably stable rents over the year. In Q1 2010 Edinburgh the average monthly rent was £740, and in Aberdeen £858 both figures down just £1 from Q1 2009. Glasgow rents were £591 up £11 (1.9%) on the previous year. We have started to drill down and analyse local areas in our reports and the most expensive neighbourhood to rent a 2 bed flat in Scotland is Park (Glasgow).
Our Top Ten is listed below:
Copies of the latest Citylets Rental Report for Scotland can be downloaded here: Citylets Rental Report
Oct
31
Edinburgh named Best Place to Live in the UK
Filed Under Edinburgh Property News by admin | Leave a Comment
Channel 4’s TV programme Location, Location, Location recently named Edinburgh as the top place to live in the UK.
Kirsty Allsop and Phil Spencer, the show’s presenters, scored Edinburgh highly in all six of their categories – where they judged each city on features such as house prices, crime stats, architecture, public transport, etc. Edinburgh was favoured for its high concentration of museums and galleries (more in Edinburgh than any other local authority) and the high number of listed buildings in the city. Its sheer beauty and lifestyle also contributed to Edinburgh 
coming out on top. With only 1.9% of the population receiving job seekers benefits, it also means that Edinburgh has a high percentage of workers in highly-paid professional occupations. In terms of house prices, yes it is on the pricey side, with the average Edinburgh home priced at over £200,000 but that’s still half the price of London – not bad for a Capital city.
What do you think? Did Kirsty and Phil get it right?
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