home lettings scotland east lothian private rented sector
DESCRIPTION
A quick review of the East Lothian private rented sector. In East Lothian the private rented sector provides accommodation for a wide range of people, many of whom choose to live in a private tenancy because it suits their circumstances.TRANSCRIPT
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What is the size and nature of East Lothian’s private rented housing market ?
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Officially the sunniest area of Scotland, with over 40 miles of magnificent coastline, spectacular cliffs and rolling countryside East Lothian combines the best of Scotland in miniature.
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The size and nature of the local private rented housing market
East Lothian’s private rented sector is quite small and only accounts for approximately 8% of the housing available in the area.
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private rented sector accounts for 13% of housing in the eastern part of East Lothian.
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Private rented sector housing accounts for 5% in the western part and 10% in the central East Lothian.
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There are several estate agents and solicitors who act as letting agents but landlords who own one or two properties provide most lets.
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The market has expanded over the last decade, with an increase in the number of small one off landlords.
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Approximately 68% of East Lothian’s private rented sector accommodation comprises houses
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Approximately 32% of East Lothian’s private rented sector accommodation comprises flats.
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Private rented housing is scatteredthroughout East Lothian.
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although a significant proportion ofaccommodation (47%) is concentratedin the three ‘east’ areas of • Haddington,• Dunbar, • North Berwick.
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A further 22% private rented housing islocated in Musselburgh.
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Average rental prices
A one-bedroom property could be rented in Tranent or Prestonpans for less than £450 per month.
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Average rental prices
It is possible to rent a 2 bed property in Dunbar, Haddington, North Berwick or Tranent for less than £550.
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Average rental prices
Whilst a 3 bed property in Dunbar, Musselburgh or Prestonpans could cost as much as £800 per month.
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Average rental prices
At the upper end of the market, renting a four-bedroom house in the County could cost £1,500 per month.
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Average rental prices
a five bedroom house in the County could cost £2,500 per month.
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East Lothian low income familes
The private rented sector in East Lothian can be an option for low-income families.
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East Lothian low income familes
Single parents (21%) are the most significant household group to rent in the private sector.
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East Lothian low income familes
94% of all single parents receive Housing Benefit to help with housing costs.
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If you would like to know more about renting your property in East Lothian,
please call us on;
0131 654 9563Home Lettings Scotland
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References and sources
• Google Images• Wikipedia• Visit Scotland• Visit East Lothian• East Lothian Council• Flicker• Scotsman – Lifestyle Images• Cockenzie House and Garden