Buy to Let index

November 2016 - Scottish rental market enjoys continued growth

Arrears levels remain flat

  • However, Scotland’s arrears rate for this month remains above the level found in England and Wales. Across these two nations the average rate of arrears was 8.3% during November.

  • On an absolute basis, the number of Scottish households in serious arrears – defined as two months or more – was 9,753 in October 2016.
  • Across all of Scotland some 10.8% of all tenancies had arrears of a day or more in November 2016. While this was higher than the 7.9% figure recorded last month, it remains well below September’s 12.5% total and the long-term trend.