Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Property investors welcome move to replace cost of living freeze with new limit
Residential rent rises for private landlords in Scotland will be limited to 3% a year from April.
The Scottish government has confirmed that the current freeze on rents, in place since September, will end on 31 March.
Instead, under amendments to the Cost of Living (Tenant Protection) Act, it will be replaced by a new annual rent rise limit of 3%. This will remain in place for at least six months, with an option to extend for a further six months until 31 March 2024.
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