Individual owners of tenement flats are obliged by law to have adequate common building insurance in place. Not having insurance places a liability on the owner to pay costs for damage to the property from their own funds, even if it’s not their fault. In the current cost of living crisis, insurance may not be …
Read more >Energy bill crisis The impact of global events on our energy supply and the cost to use it are making headlines on a daily basis. Governments have introduced initiatives to help householders out, yet there are still distressing stories of people having to choose between heating and eating and some startling figures relating to energy …
Read more >Build to Rent (BTR) residences are purpose built rental accommodation, mostly funded by institutional investors (such as pension funds), which provide residents with a flexible alternate to the traditional private rented sector (PRS). BTR is fundamentally different to PRS; it is really important that politicians understand the difference when devising legislation targeted at rental property. …
Read more >In October 2022 the Scottish Parliament introduced emergency legislation with the purpose of assisting social and private renters with the cost of living crisis. The Cost of Living (Tenant Protection) (Scotland) Act 2022 introduced a temporary, variable rent cap and a temporary moratorium on evictions (applicable to the majority of eviction grounds) until at least …
Read more >Not only in Scotland but around the world, inflation has been pushing prices sky-high and making everyday life a little harder on our bank balances. But what does this mean for home improvements, and how will landlords maintain their properties when times are tough? Current property market and inflation in Scotland Last year was undeniably …
Read more >Winter is in full swing and as the rain is covering the majority of Scotland, many homeowners will be feeling the pressure when emergency repairs start popping up in their tenements. With rainy weather imminent, many people will be looking for advice on emergency, common repairs. The common repairs process set out by the TMS …
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