According to Citylets, Aberdeen as overtaken Edinburgh as Scotland’s letting hotspot.

The north east city has witnessed the highest growth of Scotland’s three major cities in the past year. Rental prices for residential property are also on the up, making Aberdeen the most expensive city to rent a one or two bedroom property.

Thomas Ashdown, managing director of Citylets, said: “The fact that Aberdeen has now overtaken Edinburgh in both rental prices and demand for one and two bedroom properties is astonishing and underlines the reason why it is one of the most attractive areas for buy-to-let investors in the country.

“I’d say this change has occurred as a result of increasing performance in Aberdeen rather than a dip in the market elsewhere. The reasons for this are likely to be the continued strength of the Aberdeen economy, an increase in employment in the oil and gas sector and the rise of Aberdeen property prices.”