Infamous for his Draconian letting rules, the property tycoon and arguably Britain’s most controversial landlord, is retiring from the business. Fergus Wilson is in the process of selling his entire portfolio of 300 properties in Kent after a series of court battles over the way he’s treated his tenants, including discrimination. As a result of …
Read more >A recent study has revealed that more than half of tenants in the UK are happy renting, with 35% stating they have no plans to ever buy a property. Out of the 2,000 respondents paying on average £650 in rent per calendar month, 43% have been renting for 6 to 10 years and further 15% …
Read more >Following a review of houses of multiple occupancy (HMO) by Glasgow City Council’s Licensing and Regulatory Committee, stricter rules will come into effect to help reduce the impact that HMOs can have on local communities. Areas of concerns linked to HMOs A number of concerns associated with HMOs in Glasgow and in particular in the …
Read more >Scotland seems to be attracting increasing numbers of landlords who reside south of the border. SafeDeposits Scotland has recorded a sharp rise in tenancy deposit registrations from English landlords for properties in Scotland in the past few years. Since 2012, the number has risen by over 430% and this growing trend is set to continue. …
Read more >A routine property inspection led to a rather shocking discovery when a letting agent came across plants growing under specialist lights in a tenant’s bedroom and assumed they were cannabis. Growing concern One of The Key Place’s newer members of staff went to carry out an inspection at a property in Falkirk where they had …
Read more >Citylets are delighted to announce the launch of our new podcast channel, “LETS TALK.” Hosted by PR Manager Gillian Semmler, a landlord herself, the channel will be dedicated to all things property letting- investment, legislation, rights and responsibilities, guest stories and more. What’s on? With so much recent change in the lettings Industry for both …
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