Scottish Rents Rise Less Than A Third

Scottish rents are rising at less than a third of the rate seen in England and Wales, according to figures from Your Move.

The latest Scotland Buy-to-Let index reveals average Scottish rents have increased 1.7% compared to 6.3% in the rest of Britain.

In addition, residential rents in Scotland fell for a second consecutive month by 0.3% from August to September.


Average rent in the country [£545] is now 0.8% lower than at its summer peak in July [£549].

However, the September figure is 33.3% cheaper than in England and Wales.

Brian Moran, lettings director at Your Move Scotland: "Over the summer we witnessed a short-term surge in rent prices, but this has been superseded more recently with a slower rate of rent growth, which doesn't even come close to what we're witnessing south of the border.

"Scottish rents have been falling for the past few months, and realigning to calmer levels for the autumn. This is even more extraordinary when you consider we've just weathered peak lettings season. It's certainly not a sector spiralling out of control."

(LM/MH)