Letting News website reported the fact that according to Braemore Property Management student accommodation is bucking the downward trend in the Scottish rental market by becoming the most sought-after properties for would-be tenants.
Braemore, Edinburgh’s leading letting agent, explained that student flats have become the hottest properties in the rental market, with some prospective tenants willing to sign up for a flat more than six months before moving in.
The firm, which manages more than 850 properties in Edinburgh, highlighted the fact that tens of thousands of undergraduates across Scotland are turning turn to the rental market every year in search of flats to live in during their studies.
Colette Murphy, director at Braemore Property Management, told laetting News: “Student properties are remain very highly-sought after in Edinburgh. We rented out all of our student properties for the upcoming academic year before the start of the summer, but we could easily have let many, many more if we had them on our books.”
The full article can be read on Letting News.
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