In 2025, the rental market in Fife stands at a crossroads, shaped by significant changes in government policies, institutional investments, and pricing dynamics. As an ethical letting agency, FPRS analyses these trends to provide solutions that benefit both tenants and landlords, ensuring fair and sustainable practices.
The surge in investments in the residential rental sector presents an opportunity to increase the availability of well-managed properties. However, at FPRS, we believe such investment should prioritise the wellbeing of local communities. Our commitment is to act as a bridge between responsible landlords and tenants, ensuring this new wave of investment benefits those who truly need it in Fife.
The Scottish government’s proposal to limit rent increases to inflation plus 1%, capped at 6%, seeks to protect tenants amidst a housing affordability crisis. At FPRS, we support measures that promote market stability and assist landlords in adapting to these regulations, ensuring tenants find safe and affordable homes.
Although demand remains high, rental price growth has shown signs of slowing. In May 2024, new rental contracts increased by 6.6% annually, the lowest rate in 30 months. For areas like Fife, this may represent a stabilisation in pricing, benefiting tenants seeking affordable options in a competitive market.
At FPRS, we continue to work towards making the rental market in Fife not just competitive, but ethical and community-driven. Discover how we can help you adapt to these trends at https://fifeprivaterentalsolutions.co.uk/
07 January 2025
Fife Private Rentals Solutions Team