Buy-to-let investors should look to Scotland
News Category: Industry News
Published: 02-Apr-2008
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Buy-to-let landlords stand to do well from investment in Scotland, with rental yields rising and void on the decrease.
That is according to David Kendall, regional representative for Scotland for the NLA, who noted that "letting is becoming more common in Scotland".
He maintained that the Scottish housing market is "more stable" and that "from a rental point of view the outlook is excellent".
Mr Kendall went on to say that it was not just the traditionally popular areas such as Edinburgh and Glasgow that presented a good investment opportunity.
He commented: "Many of the outlying areas and smaller towns are very busy now, because there's a need from people to rent for a whole variety of reasons - not least because house prices have gone up a bit.
"Generally the housing market is more stable in Scotland, there's not a boom and bust cycleto the same extent that there is in the south-east."
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