The Scottish property market continued to progress during July according to the latest Scottish Buy to Let Index from Your Move with the average rent standing at £575 – 1% more than recorded in June and the highest amount recorded since February 2017.

Naomi Sullivan – a sales agent for Your Move’s Land & New Homes Division – has been working hard to raise funds for the charity Children in Need.

Following the completion of a Your Move tenant survey earlier this year and, as a result,  the automatic entry into a national prize draw, we are delighted to announce that Alexandra McGahey from Manchester is the winner of a month’s free rent.

Your Move has announced in its latest Scottish Buy to Let Index that average rents in Scotland stood at £569 per month in June, that’s 1.8% higher than a year ago and 1.4% higher than in May.

 

It appears that the general election had little impact on rents across England and Wales as they either rose or stayed level in June - according to the latest Buy to Let Index from Your Move.

In the latest Your Move/Acadata House Price Index it has been revealed that average house prices in Scotland grew by 0.6% in May - and by 3% over the year – to reach £175,070.

The latest House Price Index from Your Move’s parent company LSL Property Services plc – and Acadata – has highlighted that a north-south divide is emerging as prices continue to slide downwards – for the third month in a row.

With the majority of rents in England and Wales rising in May it appears that the snap general election had no noticeable effect on the lettings market - according to the latest Buy to let Index from Your Move.

In its latest Scottish Buy to Let Index Your Move has reported that Edinburgh and the Lothians are continuing to record the highest rents in Scotland with rents in April standing at £655 – 0.6% higher than in March and 2% higher than the same time last year.