Buy to Let index

July 2017 - Scottish rental yields continue to perform strongly

Scottish market growth in June

  • The average rental price in Scotland has risen solidly in the last 12 months, Your Move Scotland found.

  • The typical property let for £569 per month (not seasonally adjusted) during June 2017, 1.4% higher than the previous month. This is also 1.8% up compared to last June, when the average monthly rent stood at £559.

  • The Edinburgh and the Lothians region continues to boast the highest rents in the country, with the average rent being £661 per month.

  • Prices in the capital and its surrounding area, have also enjoyed strong growth in the last 12 months. At the same point in 2016 the average property let for £639, meaning prices have increased by 3.5% in a year.

  • The only other area of Scotland to boast rents above the £600 mark this month was the Highlands & Islands region, where the average price hit £602 - 2.9% higher than a year ago.

  • At the other end of the scale, the East of Scotland - including major hub Aberdeen - is currently the cheapest place to rent in the nation. The average property here lets for £541 per calendar month.

  • On a monthly basis prices increased in most regions of Scotland. The Edinburgh & Lothians region saw rents increase by 0.8% - faster than anywhere else.

  • The South and East of Scotland both saw rises between May and June, at 0.4% and 0.1% respectively.