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The motivations and attitudes to letting of private landlords in Scotland

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  • Peter A. Kemp
  • David Rhodes

Abstract

There has been a resurgence of interest in the residential lettings market in Scotland and elsewhere in the UK, yet until very recently little detailed knowledge was available about private landlords. Policy debates on private renting commonly employ stereotypical images about the nature of private landlordism that are not grounded in empirical research. This paper presents findings from the first national survey of private landlords in Scotland, giving special attention to their motivations for letting and their attitudes towards it. It was found that the owners of residential lettings are a diverse collection of households and firms, not all of whom would regard themselves as 'landlords'. Letting residential property is a largely small scale and part-time activity and there is little involvement by the financial institutions in this sector. Less than half of all landlords regard themselves as property investors but most hold fairly positive views about letting residential accommodation. A substantial minority of landlords are apparently unaware of the major changes that have taken place in the residential lettings market in Scotland since 1988 and are relatively ignorant about the law of landlord and tenant. There are some important differences between landlords in urban as compared with rural Scotland.

Suggested Citation

  • Peter A. Kemp & David Rhodes, 1997. "The motivations and attitudes to letting of private landlords in Scotland," Journal of Property Research, Taylor & Francis Journals, vol. 14(2), pages 117-132, January.
  • Handle: RePEc:taf:jpropr:v:14:y:1997:i:2:p:117-132
    DOI: 10.1080/095999197368672
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    Cited by:

    1. A. D. H. (Tony) Crook & Ed Ferrari & Peter A. Kemp, 2012. "Knowing the Area: The Management of Market and Business Risks by Private Landlords in Scotland," Urban Studies, Urban Studies Journal Limited, vol. 49(15), pages 3347-3363, November.
    2. Gavin A. Wood & Rachel Ong, 2013. "When and Why Do Landlords Retain Property Investments?," Urban Studies, Urban Studies Journal Limited, vol. 50(16), pages 3243-3261, December.
    3. Pnina O. Plaut1 & Steven E. Plaut, 2013. "Who Wants to be a Landlord? Factors that Affect the Inclination of Israeli Households to Rent out Property," International Real Estate Review, Global Social Science Institute, vol. 16(1), pages 119-133.
    4. Kenneth Gibb & Christian Nygaard, 2005. "The Impact of Buy to Let Residential Investment on Local Housing Markets: Evidence from Glasgow, Scotland," European Journal of Housing Policy, Taylor and Francis Journals, vol. 5(3), pages 301-326, December.

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