Loophole In Scotland's Rent Controls Sees New Tenants Facing Largest Rises In UK

21st September 2023

As the Scottish Government tries to help tenants from rent increases the news system of rent caps may be skewing the market in other ways.

New tenants find themselves facing record rent increases.

An article in the Guardian explains what is happening to rents in Scotland

Rent cap limited to 3%, but landlords can go higher when drawing up new tenancy agreement.

The rent for new tenancies in Scotland, which rose 12.7% in the year to July, faster than the next hottest markets of London and the north-west of England.

An Example in Falkirk With Rent Rising and Landlords selling up