At a time when Scotland suffers from a chronic undersupply of housing and the private rented sector is being increasingly more regulated, landlords are tempted to shift their properties from the residential sector to the less regulated short term lets market, with its potentially higher gains. In Scotland there are 31,000 active short term let …
Read more >Over a third of tenants believe landlords should be responsible for changing a light bulb in rented accommodation, according to a new study. Shedding light on tenant demands Private landlords and tenants have a number of responsibilities to each other when they enter into a tenancy agreement. By law, landlords must ensure that their rental …
Read more >The last three months of 2019 saw a reduction in the volume of properties coming to the Lothians, Fife, Borders and Edinburgh; 7.1% less than the same quarter in 2018. The same areas also experienced 1.4% dip in sales volume YOY. There was a 14.1% decrease in the amount of homes coming to the Edinburgh …
Read more >Works have begun on Legal & General’s first purpose built apartments for the Scottish Private Rented Sector. Legal & General have provided funds for Drum Property Group to construct two 18 storey towers, consisting of 324 flats within Glasgow’s new Buchanan Wharf waterside regeneration area, one of Scotland’s biggest ever construction projects. The site once …
Read more >An estate agent in Middlesex was inundated with enquiries for a property after it came to light that it had been fitted with some 147 plug sockets throughout. The five bedroom detached house in Pinner sparked a heated conversation on social media due to the ridiculous number of outlets scattered randomly around, with as many …
Read more >A former commercial building at Westwood House, Edinburgh has been transformed into residential properties available for mid-market rent. This new housing development marks LAR Housing Trust’s first commercial to residential conversion and it’s the biggest deal to date since the charity’s launch in October 2015. LAR’s first venture into Edinburgh “This is a significant moment …
Read more >
