Scotland’s Rental Sector Maintains Steady Growth
Friday, November 11th, 2011
Citylets has received PR Scotland online with Scottish Housing News for presenting their data report regarding Scotland ‘s Rental Sector.
According to Citylets, rents in Scotland are at their highest levels since 2008, as demand for rented accommodation continues to increase throughout the country. The data report reveals the average rent in the third quarter of 2011, which now stands at £670 – a 3.2% rise on the same period last year and the highest year-on-year figure since Scotland ‘s last rental boom in 2008.
Dan Cookson, senior analyst with Citylets, quoted in the article: “There’s no doubt that the rental market in Scotland is continuing to perform exceptionally well. Demand for accommodation is still extremely high and there are more properties coming onto the market, which is providing more choice for prospective tenants.”
The full article can be viewed on the Scottish Housing News and was achieved on behalf of Citylets thanks to the PR expertise of Holyrood Partnership.