Landlords foot bill for interest rate rises - Scotland
July 30th, 2007 by Tea
LANDLORDS across Scotland have largely held back on hoisting rents despite a run of interest rate hikes that have raised operating costs for many, according to Edinburgh-based letting portal Citylets.
Data from the group, stemming from an analysis of 45,000 properties available for rent across 200 Scottish residential agents, show a rise of just 0.6 per cent over the first quarter of 2007, compared with the same period the year before.(for more information click here)