central belt

Rental growth slowed down in Scotland at end of 2016 but demand is high

Residential rents in Scotland fell in the fourth quarter of 2016, down 0.9% year on year to an average of £739 per month, the latest index data shows. The national average, however, has been affected by falls in Aberdeen where the economy has been hit by falls on oil prices, although a recovery in the […] The post Rental growth slowed down in Scotland at end of 2016 but demand is high appeared first on PropertyWire . Continue reading

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Lettings agent warns stability in UK rental market will be hit by landlord tax change

The private rental market in the UK is thriving but could be changed if the Government goes ahead with changes to mortgage tax relief for landlords and fails to help increase supply, it is claimed. According to the latest rental index from Belvoir lettings rents increased slightly in the third quarter of 2016 but did […] The post Lettings agent warns stability in UK rental market will be hit by landlord tax change appeared first on PropertyWire . Continue reading

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Property prices in Scotland rising steadily, latest index shows

The average price of property in Scotland increased by 4.3% year on year in August and by 1.3% month on month, the latest index data shows. This takes the average price of a home to £144,561, according to the data from the Registers of Scotland. This compares to a UK average of £218,964, which was […] The post Property prices in Scotland rising steadily, latest index shows appeared first on PropertyWire . Continue reading

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