Research

Key Facts and Figures

The Scottish Housing Sector: Increasing Demand vs Diminishing Supply

  1. The Scottish population is growing. The population of Scotland has increased each year since 2001 and is now at its highest ever, at 5.3m.
  2. The number of households is growing and changing. In 2013, a Scottish Government report estimated that there would be approx. 500,000 additional households in Scotland by 2025, while the size of household is getting smaller, with single person households projected to increase by 44% between 2012 and 2035.
  3. The rate of house building fell by 54% between 2007/8 – 2011/12. See chart of completions.
  4. The Scottish Government has estimated that it needs to build 30,000 social and affordable new homes per year to meet demand.
  5. Tenure patterns are changing, with PRS and housing association growing as home ownership and local authority renting dip.

The PRS in Scotland

  • There are approximately 330,000 properties within Scotland’s PRS housing approximately 670,000 tenants.
  • 290,000 of these properties are owned by private landlords while 40,000 are owned by friends, family or employers.
  • Census tells us 25.5% of PRS households (83,000) are families with dependent children, this figure was 23.6% in 2001.
  • 14,331 properties are HMO licensed providing accommodation for around 60,000 people.
  • PRS is the biggest form of tenure for under 35s.
  • Official figures from Scottish Government show that private rents have risen below the rate of inflation (2010-2014), while advertised rents continue to reflect market dynamics of supply and demand.

According to a recent survey of 6,448 PRS tenants by Lettingstats:

  • Just 14% of sitting tenants experienced rent rises.
  • 90% of tenants in Scotland had never experienced a rent rise that was deemed unreasonable.
  • 41% of tenants are confident they could secure another rented property in reasonable time.

According to a recent survey of 1,746 Landlords by PRS 4 Scotland:

  • 66% said they would likely to dis-invest if rent controls were imposed and not one private landlord said they would be likely to invest more. 
  • 29% said they would be likely to invest less and none said they would be likely to invest morePRSSCOT

 

Rent Trends

Citylets-inflation-tracker-cities

 

PRS in Scotland | Create infographics