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