Buy to Let index

January 2017 - Scotland rental market starts 2017 on a high

Arrears levels remain flat

  • Tenant arrears increased slightly following the Christmas period, Your Move Scotland found. Across all of Scotland some 11.75% of tenancies had arrears of one day or more during January 2017. This is higher than the 10.8% rate recorded in November 2016.
  • Scotland’s arrears rate for this month remains above the level found in England and Wales. Across those two nations the average rate of arrears was 9.1% during January.

  • On an absolute basis, the number of Scottish households in serious arrears – defined as two months or more – was 10,413 in January 2017.