Rental rates reportedly rose 0.1% in October in the Scotland , defying the seasonal dip in prices that normally hits in the Autumn; this figure comes from the monthly Landbay Rental Index . While overall rents rose on both a monthly and previous summer basis, Scotland saw a marginal monthly fall of 0.7% to £ 696 . The latest data suggests that the rise was due to the UK’s housing shortage, growing pay and low unemployment levels. This report suggests that the regular slowdown in yearly is due to lower tenant demand from students, people moving to start jobs, and annual contracts that originated in previous summer rental rushes expiring. Predictably, the increases were driven by the South East .
Rental rates reportedly rose 0.1% in October in the Scotland , defying the seasonal dip in prices that normally hits in the Autumn; this figure comes from the monthly Landbay Rental Index . While overall rents rose on both a monthly and previous summer basis, Scotland saw a marginal monthly fall of 0.7% to £ 696 . This report suggests that the regular slowdown in yearly is due to lower tenant demand from students, people moving to start jobs, and annual contracts that originated in previous summer rental rushes expiring. Predictably, the increases were driven by the South East .