Buy to Let index

August 2016 - Strong summer performance for Scottish rental properties

Gentle decline in arrears levels

  • Across all areas of Scotland 12.1% of tenancies had arrears of a day or more in August 2016. This figure has fallen month-on-month, down from the 12.5% recorded during July.

  • It is also lower than the same point a year ago, Your Move found. The August 2015 survey found 12.2% of Scottish tenancies were in arrears.
  • However, Scotland’s arrears rate for August is above the level found in England and Wales. Across these two nations the average rate of arrears was 9.8% during the month.

  • On an absolute basis, the number of Scottish households in serious arrears – defined as two months or more – was 11,541 in July 2016.