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Private rental section triples since 1999

Wednesday, 27th September, 2017

The latest nationwide survey of Scotland's household trends has been published by the Scottish Government

It is the largest survey of its kind and has been published every year since 1999
 

In 1999 private rentals accounted for just 5% of Scotland's households but last year the figure was 15%. The survey estimates an increase of about a quarter of a million - from 120,000 to 370,000 over the 17-year period since the survey began

The proportion of Scots households which are owner-occupied is about the same as 1999 - at 61%, although this is down from a peak of 66% in 2007.The big change has been in the number of people who have a mortgage.

When the survey began there were 1.34 million owner-occupied homes of which about 850,000 had a mortgage.

In 2016 there were an estimated 1.49 million owner-occupied households and almost 720,000 had mortgages. The other 780,000 or so were owned outright

According to the survey, 67% of private rented properties were flats and 46% were located in large urban areas.

It said 41% of adults in private rented properties had been at their address for less than one year.

 In the social-rented sector, 56% of properties were flats.
 

 




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