Category: Property

Unexpected Damage: How to Tackle Rental Property Repairs

You can’t plan for everything, and when unexpected damage happens to your property, it can have serious effects – especially if you have tenants living in the property. However, knowing what to do post-damage (whether it’s caused by poor weather, vandalism or an accident) can help considerably with factors such as your insurance claims and …

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New Impetus for the Scottish BTR Sector

The Scottish Build to Rent (BTR) sector is continuing to grow. Its membership organisation, the UK Apartments Association (UKAA), has just launched in Scotland, chaired by Gillian McLees, Director of BTR at Rettie & Co. The UKAA has been working on setting up groups across the UK, with a view to helping local BTR markets …

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Airbnb Hosts: Tax Housekeeping Reminder

The UK staycation trend appears to be here to stay… or at least into the summer of 2022. This in turn is reflected in the ongoing predominance of Airbnb market presence across the UK, which perhaps also reflects landlords changing their view on short term lets. Landlords have had to absorb increased costs in recent …

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Sales Volumes Drop as the Property Market Begins to Calm

The housing activity across Edinburgh, the Lothians, Fife and the Borders is begging to return to pre-pandemic levels, with sales volumes down 21.6% year on year during January-March 2022. The highest sales volumes were recorded for two bedroom flats in Leith, however, this was still down 39.1% when compared to the first quarter in 2021. …

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Loft or Garage Conversion: Which One Adds More Value?

If you have a rental property, it makes good financial sense to maximise the potential of the asset. One of the best ways to add value and increase your rental yield is by improving the property. Loft and garage conversions are prime contenders, but which one is your best option? Should you convert your loft? …

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Coronavirus and Beyond

On 29 March 2022 the Coronavirus (Scotland) Acts (Early Expiry of Provisions) Regulations 2022 became law and the following day, the Coronavirus (Scotland) Acts (Amendment of Expiry dates) Regulations came into force. The combination of these 2 pieces of legislation was to end some of the emergency Coronavirus provisions, but to continue others until at …

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