News
Private Residential Tenancy (PRT) in Scotland
Written bylianne: 15 December, 2017Private Residential Tenancy (PRT) in Scotland PRT was created by the Private Housing (Tenancies) (Scotland) Act, the main provisions of which will also come into force on 1 December 2017. These include limiting rent increases to only one per year with three months' notice, giving local authorities the ability…
Read moreHMRC Let Property Campaign
Written bylettings: 25 November, 2014Let Property Campaign HM Revenue & Customs The Let Property Campaign gives you an opportunity to bring your tax affairs up to date if you’re an individual landlord letting out residential property in the UK or abroad and to get the best possible terms to pay the…
Read moreImprove your property and fight fuel poverty
Written bylettings: 09 November, 2014Home Energy Scotland informs provides information on grants and support available for private landlords to improve energy efficiency and cut bills for tenants. Making your property more energy efficient can do more than improve your Energy Performance Certificate (EPC) rating, it could make gas and electricity bills more affordable…
Read moreUpdate to Smoke Detector Guidance issued by Scottish Government and the PRHP
Written bylettings: 09 November, 2014The Scottish Government has produced revised statutory guidance on the requirements for smoke alarms in private let properties. A copy of the revised statutory guidance is available on the PRHP website by visiting www.prhpscotland.gov.uk. However, the main points relative to smoke detectors are as follows. The revised Domestic Technical…
Read moreSaftey Warning about use of E-Cigarettes
Written bylettings: 09 November, 2014Scottish Fire and Rescue Service has issued the following fire prevention directorate on the use of e-cigarettes powered by lithium-ion batteries, due to increasing number of fires caused by this product. This is important advice for all homeowners and landlords to protect their homes against this identified increased risk of…
Read moreLandlord Immigration Checks – Introducing The Immigration Act 2014
Written bylettings: 09 November, 2014What is the Immigration Act? The introduction of the first phase of the "right to rent" scheme is part of a drive to "create a hostile environment" for illegal migrants in Britain and to deny them access to public services they are not entitled to. The Immigration Bill received Royal…
Read moreEuropean legislation has left the fate of many buy-to-let investors unclear.
Written bylettings: 09 November, 2014Buy-to-let investors and mortgage lenders remain angered and bemused by EU legislation that could leave some owners of second properties struggling to find a loan. European legislation will make it harder for so-called "accidental landlords" to borrow. This undefined group could include those home owners unable to sell their property…
Read moreLandlords' greatest worries? Voids and damage
Written bylettings: 04 November, 2014It’s probably unsurprising but a survey of almost 3,000 landlords has confirmed that their two greatest worries about letting are void periods and property damage. The ranking of concerns were consistent across professional and ‘accidental’ landlords and came in a survey conducted on 2,951 investment owners by The Property Academy.…
Read moreONS: Rental returns increased over past 12 months
Written bylettings: 28 October, 2014Buy-to-let investors have seen the rents associated with their property rise by an average of 1% over the past 12 months. Summary: ONS figures show rents increased by an average of 1% over the past 12 months Properties in Scotland generated the highest rise in rental values An increased demand…
Read moreScottish Government to Introduce Tenancy Reforms for Private Rental Sector - Opportunity to have your voice heard.
Written bylettings: 26 October, 2014The Scottish Government has announced the following consultation periods for interested parties to respond to proposals to: Amend powers of local authorities in dealing with poor quality housing in the Private Rented Sector (PRS) Proposed reforms to to the private rented sector in Scotland Consultation on proposed reforms to the…
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