SafeDeposits Scotland Blog

After the hectic Christmas period has passed us by, the New Year will be upon us and many will be thinking about making a change. Even though times are still tough, for many people this will mean looking for a new place to live, whether it's a new flat, house or even a new city. So we thought we'd take a look at what Scotland has to offer: Edinburgh Scotland's capital is still one of the most desirable places to live for many people, despite the current economic situation. A fantastic...Read More

Welcome to my first blog post. I had planned to write this at the beginning of the year and already it's March – time flies when you're having fun! It's been nearly two years since I started at SafeDeposits Scotland, and for the majority of that time I have been very office focused, but for very good reasons. Finding and moving into our new Glasgow offices, bringing our call centre back in-house, growing the team, paying off our start up loan, treasury management of the increasing number of...Read More

We're delighted to announce our new magazine, Deposits in Scotland, which we have created to highlight the issues and developments affecting the private rented sector. The magazine includes: An update on recent sanctions for non-compliance, including the landmark case which saw the first letting agency convicted; We have also crunched our figures to give you an insight into the latest repayment and dispute trends; Expect advice from respected agents Adrian Sangster of...Read More

2016 was rather less than dull in the geo-political sphere. Brexit in June. Trump elected US President in November. Yet despite all the turmoil, the Scottish PRS has in general followed a very set path throughout. The national rate of growth of the Scottish PRS has remained around 2% at each quarter throughout 2016. This has been determined by set trajectories within the country's main residential letting markets. Indeed, the latest Scottish Household Survey (2015) also confirms...Read More

At SafeDeposits Scotland, we regularly analyse the data we hold to take the temperature of the private rented sector and to look out for trends. We recently looked at where landlords were in relation to the properties they rented and noticed an interesting pattern. Since SafeDeposits was founded in 2012, there has been a dramatic increase in landlords living in England and renting property in Scotland. In 2012, 260 landlords based in England registered deposits on Scottish tenancies,...Read More

SafeDeposits Scotland is the only not-for-profit deposit scheme meaning that we can use any financial surpluses we make to make a positive difference to Scotland's private rented sector (PRS). To do that, we set up the SafeDeposits Scotland Charitable Trust, a grant-giving charity that promotes and facilitates education, training and best practice within the sector by funding projects that provide tangible benefits to landlords, letting agents and tenants alike. The Trust is currently...Read More