Thousands in Edinburgh caught in rental ‘trap’

Many are stuck in the rental market. Picture: Ian Georgeson
Many are stuck in the rental market. Picture: Ian Georgeson
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THOUSANDS of people in Edinburgh continue to rent their homes because they can’t get a foot on the property ladder, new figures suggest.

Estate agent Rettie says one-in four now live in the private rented sector, against a national average of around 13 per cent, up six per cent on ten years ago.

Buy to let landlords are cashing in on the increasing demand with the number of loans taken out by them having risen by 33 per cent last year, compared to 2012.