Hamptons predicts that rents will rise by 17% between 2024 and 2027, outpacing house price growth of 12.5%.
An ongoing shortage of rental properties is expected to keep pushing rents higher as more landlords look to scale back their portfolios.
The Scottish government’s failure to plan for the end of temporary rent controls has led to rents rising faster than in most other parts of the UK.
A business consultancy has warned that London’s high rents mean many companies in the capital are struggling to recruit staff as younger jobseekers look for employment elsewhere in order to access lower-cost homes.
Tenants are now facing bigger rent rises when they renew their contract than when they move into a new rental home.
A leading letting agent in Scotland has laid the blame for the country’s rental supply woes firmly at the feet of former Tenants’ Rights minister Patrick Harvie.
