The cost of renting in Scotland increased by 5.1% to April 2025, the lowest monthly figure since November 2022, according to agent DJ Alexander.<\/p>\n
This means that rental inflation north of the border is now 2.3% lower than the UK average, which is 7.4%.<\/p>\n
Only Dumfries and Galloway on 10.0%, Fife on 8.0%, and the Scottish Borders on 7.9% have a larger annual price increase than the UK.<\/p>\n
The locations with the lowest annual increases are Greater Glasgow on 3.3%, Perth and Kinross on 3.6%, and Highland increasing by 4.7%.<\/p>\n
David Alexander, the chief executive officer of DJ Alexander Scotland, said: \u201cThese figures show that the PRS in Scotland has historically had steady annual increases.<\/p>\n
\u201cThe rise in average rents has only really occurred in the last five years due to a number of factors but a shortage of supply is clearly a major element in this.\u201d<\/p>\n
\u201cThat the average rent rise is lower \u2013 and has been below the rest of the UK for almost a year \u2013 indicates the fairness of property investors and landlords in setting a reasonable rent for their tenants.\u201d<\/p>\n<\/p>\n
Between January 2016 and December 2021 average rents in Scotland remained fairly static below 3.0% but began rising steadily to peak at 11.7% in August 2023.<\/p>\n
Since then, the rate of annual rents has been falling steadily and has been below the UK average since June 2024.<\/p>\n
Alexander added: \u201cClearly maintaining a strong supply of properties is key to stabilising prices in the PRS and anything which threatens to subvert this will not be welcomed by landlords or tenants.\u201d<\/p>\n
\u201cThe PRS in Scotland continues to be a dynamic, vibrant and thriving sector as the number of people seeking a home continues to be greater than the supply.<\/p>\n
\u201cWhat this should create is a market that shows steady annual rises without the unpredictability of large increases one year followed by dips the next. Steady increases are always preferable to a rollercoaster ride of price rises and falls.\u201d<\/p>\n
\u201cEverybody wants a workable, fair, and thriving private rented sector. Ensuring the sector is supported and encouraged is the best way to maintain reasonable rents now and in the future.<\/p>\n
\u201cIt is incumbent on everyone involved in the sector that we have a system which is maintained for the long term, which allows landlords to make a profit and tenants to pay a fair rent for the market we are in, and which is sustainable in the medium to long term.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The cost of renting in Scotland increased by 5.1% to April 2025, the lowest monthly figure since November 2022, according to agent DJ Alexander. This means that rental inflation north of the border is now 2.3% lower than the UK average, which is 7.4%. Only Dumfries and Galloway on 10.0%, Fife on 8.0%, and the […]<\/p>\n","protected":false},"author":1,"featured_media":663,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"\n