Scotland see’s stronger annual rent growth than England and Wales
In England and Wales monthly rents increased just 1.5% on average in the past year, where as in Scotland average residential rents are up 2.2% compared to a year ago, the latest index shows.
With the rent rises have been attributed to the changes to lettings legislation that made tenancy fees illegal. The introduction of any further lettings controls or restrictions by the Scottish government could further disrupt the growth of rents and potentially ostracise existing landlords and discourage new investment in the private rented sector.
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