Inverness letting market thriving, says firm

THE letting market in Inverness is thriving according to a leading consultants firm which says the average time taken to rent a property in the area this summer is only three weeks.

CKD Galbraith’s city branch has seen an eight per cent increase in enquiries for let residential properties during April to June this year, compared to the same period in 2010.

The firm’s new lettings manager Laura Clark believes many would-be property owners are choosing to rent due to the uncertain economic climate.

"There has been significant demand in Inverness for quality flats and houses from both young professionals and families," she said.

"Some are moving to the area for employment whilst others are taking a more long term rental view due to their own personal circumstances and the current financial market."

Demand seems to be for one and two bedroom flats and family homes of all sizes. Rental values range from £450 per month for a one bedroom flat to around £700 for a three bedroom house.

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