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Buy to Let index

January 2018 - Scottish rental market ended 2017 with higher yields than the UK

Fast Facts

  • Average rents in Scotland increased steadily 1.7% year-on-year to December.

  • Impressive yields for property investors at 4.8%.

  • Rents jump 7.4% annually in Highlands & Islands.

  • Edinburgh & Lothians remains home to highest rents at £665.

Quick Quotes

Brian Moran, Lettings Director, Your Move Scotland comments:

“While some areas are growing faster than others, the Scottish rental market as a whole remains on a positive trend - with the average rent increasing by 2.2% year-on year.”

“2017 demonstrated why the Scottish rental market appears to be a great place to invest. With a typical return of 4.8% a year, Scottish property offers more than the average returns of 4.4% in England & Wales.”

“While its currently positive news, landlords need to be aware of changes to legislation which could will affect them in the future.”

Key insights

  • The Scottish rental market continued to grow throughout 2017, with the average rent (seasonally adjusted) standing at £571 at the end of the year.

  • On average, there was growth across Scotland of 1.7% in the year to December, although prices did tick down 0.2% month-on-month.

  • When looking at rents on a non seasonally adjusted basis, the average across Scotland was £562 in December – £11 lower than in December 2016.

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