As a reputable Fife letting agency, we understand the importance of keeping Fife landlords and tenants informed about the current regulations affecting the Fife rental market. In this article, we will provide all Fife landlords with essential information about the rent cap and the suspension of evictions in Scotland.
The rent cap in Scotland, currently set at 3% in most cases, is set to be extended for an additional six months. Previously, a rent freeze at 0% was in effect from 6th September 2022 to 31st March 2023. From 1st April 2023, the Scottish government increased the cap to 3% and was due to remain in place until September 2023.
However, Patrick Harvie, the Minister for Tenants’ Rights in Scotland, has expressed his desire to extend these measures until March 2024. Parliament’s approval would mark the final date for the rent cap and eviction protections.
