Changes in the Scottish Rental Market
By |Published On: 28th April 2015|

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Changes in the Scottish Rental Market

By |Published On: 28th April 2015|

This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.

Changes in the Scottish Rental Market

Changes in the Scottish Rental Market

The Tenant Deposit Scheme was introduced and safety measures implemented. Landlords should be aware that more changes are expected due to the Scottish Government making a better private rental sector.

The Tenant Deposit Scheme means that all deposits must be put into a central holding system rather than be held by the landlord or letting agent directly. Requirements for fire prevention in properties were also introduced to protect tenants.

The private rental sector is continuing to expand and is becoming an intrinsic part of the Scottish housing system. It is common to experience either a strong rental market or strong sales market; however, Scotland is seeing strength in both.

Scotland, particularly Edinburgh, is an appealing investment option, and an increase in demand for longer tenancies is seeing a growing sector. People need longer to save for deposits for buying a home and also favour the flexibility of the private rental sector.

Landlords, letting agents and tenants are welcoming the changes, which will make the sector fairer for all. The regulations hope to make tenancies more secure for renters and protect landlords and their tenants.

The Scottish Government is consulting with the public over the changes. The first consultation took place last year and the second consultation paper can be found here:



About the Author: Em Morley (she/they)

Em is the Content Marketing Manager for Just Landlords, with over five years of experience writing for insurance and property websites. Together with the knowledge and expertise of the Just Landlords underwriting team, Em aims to provide those in the property industry with helpful resources. When she’s not at her computer researching and writing property and insurance guides, you’ll find her exploring the British countryside, searching for geocaches.

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