Following on from the blogs about the Cost of Living (Tenant Protection)(Scotland) Act 2022 (the Act), one area that has resulted in more questions than perhaps any other is around the rent freeze or cap. The current rent cap is set at 0% although it could be varied in the future. This blog will focus …
Read more >Suppose you can get a few homeowners in a flat in Edinburgh to work together to pay to clear out their gutters. Suppose the owners of a two-in-a-block in Aberdeen decide to share the cost of a new roof survey. You haven’t just prevented stone from staining and passing through humidity, or getting clarity on …
Read more >Owning a tenement flat can bring many challenges and opportunities to landlords, but the ability to work together with other flat owners is key to achieving a warm, dry and sustainable building. Your property is likely to be your biggest investment, so taking the time to get to know your building and your co-owners makes …
Read more >There is no legal obligation to pay for a survey on a property you are purchasing, but that doesn’t mean you shouldn’t consider commissioning one. It may seem an unnecessary expense on top of an estate agent’s commission, legal fees and stamp duty, yet the cost of skipping this step – and potentially overlooking serious …
Read more >Buying a property is a serious financial commitment, even more so if you’re purchasing a high-end home where there can be more at stake when you rent it out. A high-end property can be classified as a home valued over £500,000. If you’re planning on purchasing a high-value home to let, here are some key …
Read more >Households in Scotland will be protected from sharp rises in their energy costs this winter through the UK Government’s Energy Prices Act. Within the universal scheme, it is a legal obligation on agents and landlords to ensure tenants, whose bills are included in their rents, benefit from the various elements of financial support package. What …
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