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Residential rents up 5.4% a year in Scotland with yields at 5.9%

Edinburgh and the Lothians have the highest residential rents in Scotland with overall values up 5.4% in the last 12 months, according to the latest index figures. This means that the average property in Scotland lets for £576 per month and the Your Move buy to let index also shows that rental yields continue to […] The post Residential rents up 5.4% a year in Scotland with yields at 5.9% appeared first on PropertyWire . Continue reading

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Central belt of Scotland sees rental values soar

Average residential rents in Scotland increased by 2.4% in the year to September led by strong growth in the country’s central belt, the latest index figures show. Rents in the private rented sector reached an average of £755 per month but there is considerable variations. In Edinburgh, for example, the average rent surpassed £1,000 a […] The post Central belt of Scotland sees rental values soar appeared first on PropertyWire . Continue reading

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Landlords urge UK to follow Irish example and abolish change to tax relief

A decision by Ireland to reverse its policy preventing residential landlords from claiming full mortgage interest tax relief on their rental income should send a powerful message to the UK, according to campaigners. Britain is due to introduce a similar policy in April 2017 which is widely opposed by landlords, trade organisations and tenants amid […] The post Landlords urge UK to follow Irish example and abolish change to tax relief appeared first on PropertyWire . Continue reading

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