Flats to rent in Glasgow the country’s leading letting agent
The falling value of hired housing in Scotland starts to level out, according to the latest quarterly report from Flats to rent in Glasgow, the country’s leading letting agent. The Flats to rent in Glasgow report, which covers the rental market from July to September 2009, shows that, overall, the market has stabilised at 3.4 percent compared to the same period in 2008. And, while some sectors recorded the biggest year-on-year decreases to date, the essential message for owners and letting agents is the worst may now be over.
Flats to rent in Glasgow ‘We’ve seen plenty of volatility in the rental market in the last two years. First prices rose as the liquidity crunch created a surge in rental demand as folk could not or would not buy.’Then we had thousands of ‘reluctant landlords’ – those that couldn’t sell their homes and instead put their homes and flats up to rent – redressing the balance. By Aug 2008, this caused components of over-supply thus putting a squeeze on prices.’Flats to rent in Glasgow third quarter report records some of the most heavy falls we have ever seen in rents year-on-year.
quote Flats to rent in Glasgow Lvj
