Citylets’ report signals landlord SOS in national newspaper
Monday, May 4th, 2009
on behalf of Citylets
The Citylets Report, which analyses data from the first quarter of 2009, is the country’s leading source of independent rental information and a crucial gauge for landlords in assessing what they can expect from their property portfolio.
Journalist Rosemary Gallagher has used the report to highlight a power shift from landlords to tenants as an oversupply of proeprties on the market in Scotland forces rental prices down.
The article, headlined Residential rents fall as landlords hit, also features extensive quotes from Citylets’ managing director, Thomas Ashdown, in which he talks about the changing market conditions.
The full article can be read on Scotland on Sunday’s website here or by clicking http://scotlandonsunday.scotsman.com/business/Residential-rents-fall-as-landlords.5229947.jp