Your Move Scotland’s latest Buy-to-Let Index reveals rents in Edinburgh and the Lothians were 6.4 per cent (or £38) higher than a year ago – the fastest annual rent rise on record.
As of January this year, the average residential rent in Scotland stands at £548 per month, just £1 shy of the historic record set in July 2015.
Brian Moran, lettings director at Your Move Scotland, comments: “The latest rent rises are underpinned by good news. Arrears are falling – which speaks volumes for affordability. With rents below their price peak, many tenants have been seizing the opportunity to move out of season, while good deals are available.”
Source: heraldscotland