SCOT­TISH RENTAL YIELDS CON­TINUE TO PER­FORM BET­TER THAN ENG­LAND AND WALES

The Oban Times - - Motors / Property -

AC­CORD­ING to lat­est num­bers, rental yields in Scot­land are per­form­ing bet­ter than those in the rest of Great Bri­tain, with the av­er­age rental prop­erty re­turn­ing 4.9 per cent to in­vestors. In fact, the Buy-to-Let In­dex for June of this year shows that rents con­tinue to rise across many parts of Scot­land, with an av­er­age rent at £569 per month, up slightly from the same time last year. The only other area be­sides Ed­in­burgh and the Loth­i­ans in Scot­land to record rents above the £600 mark in June was the High­lands and Is­lands re­gion, where, at an av­er­age price of £602 is 2.9% higher than last year. On the heels of this good news for land­lords, there is slightly more dis­cour­ag­ing news about ten­ant fi­nances, with some 18.3 per cent of ten­an­cies in rent ar­rears for June, 12.3 per cent higher than in May. Nev­er­the­less, this news is very pos­i­tive over­all for land­lords in Scot­land, who con­tinue to en­joy ex­cel­lent re­turns on their in­vest­ments as those in Eng­land and Wales look on in envy. If you are think­ing about in­vest­ing in rental prop­erty, or need as­sis­tance in man­ag­ing your rental, give us a call to­day.

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