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 …
Read more >Increasing numbers of families are turning to the Scottish private rented sector to look for their new home. In line with this trend, the demand for larger properties (4 beds in particular) in Scotland continues, according to the latest Citylets Rental Report. In Q2 2018, 4 bed properties recorded rent increases of 3.3% year on …
Read more >Rent a room scheme allows individuals to earn up to £7,500 a year tax free from renting out a spare room in their main or only residence. The relief was first introduced in 1992 with the intention of incentivising people to take in lodgers rather than rent out whole properties. Shared occupancy test Following on …
Read more >If you’re on a tight budget but keen to make some trendy updates to your rental property’s interior – upcycling could be for you. The trendy new movement uses old and discarded materials and transforms them into beautiful bespoke pieces – that you certainly wouldn’t find on the High Street. Whether it’s taking drab old …
Read more >The minority of tenants who repeatedly fail to pay their rent are facing a crackdown. Graham Simpson MSP, Scottish Conservative spokesman on housing, is asking ministers what they plan to do to help landlords recover debt more quickly. Mr Simpson has been contacted by landlords frustrated by how long it can take to evict non-paying …
Read more >“She has the patience of a saint, a heart of gold and she will literally do anything for her tenants. I feel privileged to be one of her tenants.” Kelso based landlord, Elaine Kellington, is the winner of first ever Landlord of the Year Award from home insurance provider HomeProtect. Elaine has an impressive portfolio …
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