As featured in Property Investor Today.
Investors could help to plug the shortage of private rented properties in Scotland, which is in desperate need of new supply.
The Scottish private rental market is facing considerable shortages as the economy recovers and employment vacancies increase. Scotland's economic recovery is picking up rapidly, resulting in increasing demand for workers. For example, the ONS reported that vacancies reached a record high between last October and December, in the first data to be published which excluded the impact of the furlough scheme.
We believe this demand for workers will 'surely trigger a return of many EU citizens and, perhaps from further afield, to meet the need for people to fill these posts in the coming months'. It added that the economy needs more people to meet this employment demand to ensure growth continues at pace.