Amendments to existing rent control laws in Scotland, and the potential of further amendments being made in the future, could act as deterrents to build-to-rent investors and thereby lead to a lack of housing supply, claims the Scottish Property Federation (SPF). Scotland"s private rental sector (PRS) is currently booming after large investments, although there remains a scarcity of housing,- which is causing rent prices to soar. The SPF argues that if Scotland were to introduce its own version of Rent Control it would be able to provide more affordable homes for those on low incomes who are unable or unwilling to buy their
Amendments to existing rent control laws in Scotland, and the potential of further amendments being made in the future, could act as deterrents to build-to-rent investors and thereby lead to a lack of housing supply, claims the Scottish Property Federation (SPF). Scotland"s private rental sector (PRS) is currently booming after large investments, although there remains a scarcity of housing,- which is causing rent prices to soar. The amendments, announced by newly appointed first minister Nicola Sturgeon, would see landlords lose some of their right to end a tenancy in a bid to improve conditions for tenants.