Loft or Garage Conversion: Which One Adds More Value?

If you have a rental property, it makes good financial sense to maximise the potential of the asset. One of the best ways to add value and increase your rental yield is by improving the property. Loft and garage conversions are prime contenders, but which one is your best option? Should you convert your loft? …

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Coronavirus and Beyond

On 29 March 2022 the Coronavirus (Scotland) Acts (Early Expiry of Provisions) Regulations 2022 became law and the following day, the Coronavirus (Scotland) Acts (Amendment of Expiry dates) Regulations came into force. The combination of these 2 pieces of legislation was to end some of the emergency Coronavirus provisions, but to continue others until at …

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Lets Talk with Five in a Row

Crew members, Clive Rooney and Ross McKinney, from the only Scottish team in the 2021 Talisker Whisky Atlantic Challenge, Five in a Row join host Gillian Semmler for episode 52 of Lets Talk. The challenge involves rowing 3,000 miles unsupported across the Atlantic Ocean, from La Gomera in the Canaries to Nelson’s Harbour in Antigua. …

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A Guide to Purchasing Your Second Home

If you’re looking to purchase a second home, there are a few things you’ll need to consider before making the purchase. This guide will help you to get started so you won’t get lost along the way. Buy-to-let For people who want to invest their money in a tangible asset that has often been relatively …

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Don’t Let Late Deposit Lodging Cost You – Protect Promptly to Avoid Penalties

Since The Tenancy Deposit Schemes (Scotland) Regulations were first introduced in 2011, the two most fundamental compliance rules for landlords and letting agents who have received a tenancy deposit have been: to transfer the deposit to a government approved scheme within 30 working days of the tenancy start date; to provide all tenants on the …

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Tax Planning Matters for Property Landlords post Pandemic

The last 24 months have seen so many changes across every aspect of our lives. This has been no different for property landlords. With an ever-changing landscape of legislation pre-pandemic, this area of the property sector has had a lot to consider and comply with, which has continued apace. When looking at the key challenges …

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