Housing: New figures present stark distinction between shopping for and renting a house

WEST Dunbartonshire is the most cost effective place in mainland Scotland to purchase a house, however rental charges within the space are rising sooner than wherever else within the nation.

In keeping with the most recent figures from Walker Fraser Steele, the common home worth within the native authority space is £ 143,566, which is the second lowest of Scotland’s 32 communal areas.

From September 2020 to September 2021, home costs in West Dunbartonshire rose 8.8%, in response to the survey.

The newest common home worth within the area compares to a determine of £ 93,061 for January-March 2011.

Solely Na h-Eileanan Siar – the Western Isles – is cheaper than West Dunbartonshire within the newest figures.

Rental costs in West Dunbartonshire have risen greater than some other a part of Scotland, in response to just lately launched figures.

In distinction, non-public sector rental statistics launched by the Scottish Authorities final week confirmed that the price of renting a two-bedroom property within the area elevated by 7.1% between September 2020 and September 2021.

That is the most important enhance of all components of Scotland.

Ayrshire adopted with a rise of 6.8% for a similar sort of property.

Authorities hire figures present common costs for personal leases have risen in all however one a part of Scotland, with 10 of the 18 areas exhibiting an above-inflation enhance of 1.5% between September 2020 and 2021.

Tenants’ Rights Minister Patrick Harvie reiterated the Scottish Authorities’s dedication to implement hire controls by 2025.

“We’re conscious that many tenants are struggling financially due to the pandemic and that rising rental prices will solely exacerbate the issue, which is why we’ve offered £ 39million to assist the tenants in issue proper now, ”he stated.

“Now could be the time to do extra to assist non-public rental sector tenants as we recuperate from the pandemic.

“We’re already dedicated to tackling excessive rents by implementing an efficient nationwide hire management system by the top of 2025.

“Along with our broader work to carry a brand new providing to tenants, we are going to present folks with safer, secure and reasonably priced leases with improved lodging requirements and extra flexibility to customise their properties. ”

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