Private Residential Tenancy (PRT) in Scotland
Private 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 to impose rent controls in areas where there are "excessive" increases in rent and modernising and streamlining the grounds under which a landlord can repossess residential property.
Further information regarding the new tenancy regime can be found on the Scottish Government website. A short video has also been produced by the Scottish Association of Landlords (SAL) which provides information on the new tenancy regime.
Should you wish to discuss any aspect of the PRT, please contact us.