Buy to let landlords play an important role in local economies, contributing £3.6bn through services such as letting agents, plumbers, builders and other tradesmen, according to a new study. A survey of 1,000 UK-based landlords revealed that 81% used a local service provider for work or renovation of their property, spending £1,443 on average in …
Read more >Episode 20 of Lets Talk concentrates on the First-tier Tribunal, Housing and Property Chamber Eviction and Payment Actions. Senior Associate and Solicitor Advocate at Aberdein Considine, Carly Stewart, discusses eviction applications and common mistakes made, which can lead to rejection by the Chamber President or a tribunal member acting under her authority. Carly offers helpful …
Read more >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 …
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