Edinburgh, United Kingdom (PressExposure) February 18, 2012 -- Lettingweb revealed today that its operations in the West of Scotland continue to prosper, with flats to rent in Glasgow proving to be more popular than ever.
Figures published today by Lettingweb show that of its properties advertised in January of this year, the average time to let a flat to rent in Glasgow was 5.5 days, which is 96.80% quicker than January 2011's 56.8 days.
Steve Tigar, Operations Manager at Lettingweb, said: "We are committed to providing the very best services for agents, landlords and tenants in every territory that we enter. Though we are currently expanding the areas that Lettingweb operate in, we realise that you need a solid base to build your foundations on, and that's what we have with Scotland, and in particular Glasgow. Though we aim to prosper in every part of the country, we know that we need to continue to provide excellent return on investment in Scotland, and I feel that the improved figures that have been published to day proves that we aren't resting on our laurels as we strive to be the best."
These figures also represent a month on month improvement, as the same parameters for December 2011 returned an average of 15.5 days to let out a flat to rent in Glasgow, 64.52% longer than January 2012.
With demand for flats to rent in Glasgow continuing to increase, further good news for letting agents and landlords is that higher rents are being achieved. In January 2012 a two bedroom flat to rent in Glasgow averaged a rent achieved of £626.10, an increase of 6.17% from the previous month and 5.09% from the same period in time last year.
This trend is expected to continue as the year progresses.
Lettingweb.com is one of the UK's most comprehensive residential letting property portals. Based in Edinburgh, Lettingweb.com offers nationwide coverage of the UK rental market, with thousands of properties to rent in Scotland, England, Wales and Northern Ireland. Lettingweb.com provides tenant enquiries, free landlord enquiries and resources to letting agents across the UK.