Edinburgh rents rise 40 per cent in seven years
The Scotsman reports; Private-sector rents in the Capital have soared by up to 40 per cent in the past seven years, new figures show. READ MORE.
Cullen Property opinion:
It has been a bonanza time for landlords with property in Edinburgh over the past seven years. It has been projected that if rents continue to rise at the same rate, by 2020 one-bedroom properties would cost 56.2% more to rent than in 2010. With Scotland’s steady private residential property performance there has been talk of rent pressure zones becoming introduced into Edinburgh and Glasgow’s private rented sector. However, this is still very much in discussion with no immediate action.
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