Not only in Scotland but around the world, inflation has been pushing prices sky-high and making everyday life a little harder on our bank balances. But what does this mean for home improvements, and how will landlords maintain their properties when times are tough? Current property market and inflation in Scotland Last year was undeniably …
Read more >Winter is in full swing and as the rain is covering the majority of Scotland, many homeowners will be feeling the pressure when emergency repairs start popping up in their tenements. With rainy weather imminent, many people will be looking for advice on emergency, common repairs. The common repairs process set out by the TMS …
Read more >On 12 January 2023, the Scottish Government published their First Report to the Scottish Parliament on the Cost of Living (Tenant Protection)(Scotland) Act 2022 (the Act). The Act came into force on 28 October 2022 and introduced the rent freeze and moratorium on evictions that had been announced earlier on 6 September 2022, affecting both …
Read more >Private rents continue to rise despite the Scottish Government pushing through and now extending emergency legislation to freeze them for sitting tenants. However, an extraordinary recent move to increase investors’ additional dwellings supplement (ADS) payments of land and buildings transaction tax (LBTT) to an immense 6% seems wildly counterproductive to bringing down advertised rents for …
Read more >How to make a property unique? Property markets are fickle beings. They’re unpredictable and changeable. But regardless of where they go, the real estate world has to keep going. Sometimes when there are too many properties available, landlords may want to look for ways to help their property stand out from the rest so they …
Read more >Tenement building repairs are inevitable and taking quick action could lessen the damage and cost. However, dealing with communal repairs can be stressful, especially when owners are absent or in dispute or refuse to pay their share. Ideally, owners will be paying into a fund, often referred to as a building reserve or sinking fund. …
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