Category: Being a Landlord

Landlords – More Taxing Times Ahead?!

Political writer James Forsyth has forewarned that the Treasury is investigating ways of raising money in light of the upcoming autumn budget and planning a possible increase to stamp duty on second homes. Forsyth claimed: “This [increased stamp duty surcharge] would, so the thinking goes, raise money for the Exchequer and help keep house prices …

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Tenants and Landlords – Closer Than You Might Think

A recent study has revealed that two thirds of private landlords are just ordinary people who have regular jobs and rent out property to supplement their main income or save for their retirement. Office admin jobs, IT, teaching and accountancy topped the list of most common professions for landlords, implying that the gap between landlords …

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How Responsible Are Scotland’s Student Tenants?

It may come as a surprise to hear that students in Scotland are in fact pretty responsible when it comes to renting properties. SafeDeposits Scotland have revealed which Scottish university students top the list for treating their ‘digs’ well. The deposit scheme hold around 60% of the market share and through their data, they discovered …

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Landlords Running Amok in the UK?

Based on numerous TV programmes such as ‘Landlords from Hell’ or ‘the Week the Landlord Moved In’, one might think the Private Rented Sector (PRS) in Britain is ruled by money driven charlatans. However, according to a new study by an online letting agent, MakeUrMove, 92% of UK landlords have a good relationship with their …

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How to Kiss Bed Bugs Goodbye

Although bed bugs don’t pose any serious health hazards nor transmit diseases, living with them under one roof and in the same bed can cause distress. As most rental properties come furnished, including beds and mattresses, it is good to be aware of the risk of these little creatures when moving homes. Bed bugs are …

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Citylets Guide to Finding the Best Tenant

The Private Residential Tenancy (PRT) brought a new era to renting in Scotland for landlords. Not only has the 6 month Short Assured Tenancy been replaced with an open ended tenancy, but landlords also need to adhere to one of 18 grounds for possession if they would like their tenant to move out. Therefore it …

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