Buy-to-let landlords have been concerned by additional legislation in recent years in Scotland but strong demand from tenants continues.
The relatively limited supply of property coupled with strong interest has underpinned rental price growth across some parts of the country, particularly in rural areas, according to Galbraith.
The property consultancy reports that the rental market enjoyed a very strong first quarter, with rental values increasing by up to 10% year-on-year.
The number of property lettings increased by 31.8% for the first quarter of this year compared with the same period last year.
Susan Guthrie, head of lettings for Galbraith in the Scottish Borders, commented:“Perhaps surprisingly there is strong and continuing demand from tenants and sustained landlord activity - this has not diminished since the advent of Covid-19. Landlords are still feeling confident to offer their properties for let.”
She added: “Since the lockdown, there has been an increasing interest in rural properties - a sign perhaps that people have been thinking about their lifestyle during this time and how to achieve a good work-life balance.”
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