Archives

Scotland – Energy efficiency and condition standards – update

May 1, 2017

In the first week in April, the Scottish Government published a consultation on introducing a minimum energy efficiency standard for private rented sector (PRS) properties. This mirrors what Westminster is doing in England and it’s refreshing to see agreement and joined up thinking. In England, minimum energy efficiency standards come in to force from 1st […] View article >

Why landlords need an agent

April 24, 2017

While landlords might once have chosen to manage buy-to-let properties themselves to maximise profits, recent changes to the law mean they may no longer have this option. The heavy legislation of today’s private rented sector means being a truly DIY landlord is now difficult to achieve. The Housing (Wales) Act 2014, for example, resulted in […] View article >

Generation Rent The Rise of Retired Tenants

April 21, 2017

“Generation Rent” has been a property industry buzz word in recent years. Up until recently, it described younger people who are finding it difficult to get on the property ladder, potentially electing to rent for much longer than previous generations. In many cases, putting off aspirations of owning a property until well into their 30s […] View article >

Landlord conundrum – interest only vs. repayment mortgage?

April 13, 2017

For many landlords, when starting out on their investment career, if they are not cash buyers, there is an important decision to be made. Should the landlord opt for an interest-only or a repayment BTL (buy to let) mortgage? The answer will be very personal to the landlord, their financial situation, their attitude to risk, […] View article >

Scotland: Regulation & Mandatory Qualifications for letting agents

April 12, 2017

The lettings industry in Scotland has evolved in to a very diverse often complex marketplace, comprising solicitors, estate agents and accommodation agencies and of course landlords. This industry is undergoing seismic changes and Westminster is watching closely as it appears to be following Holyrood’s lead in modernising the entire lettings process and looking after tenant’s […] View article >

With our Guaranteed Rent service, no landlord would ever face this …

April 12, 2017

There have been a couple of media articles this month about novice landlords who have experienced a delinquent tenant creating significant damage to their property. The first case saw a grandmother in Kent return to her BTL investment property to find that the tenant had caused over £10K of damage. Mrs Gilbert said: “I’ll need […] View article >

Saving for deposit now biggest obstacle for buyers

April 12, 2017

Increasingly, the younger generation are struggling to get a foot on the housing ladder, the average age of first time buyers is now 33 and 26% of them are having to borrow from their parents to buy their first property. The biggest reason is simply one of economics. Depending on the type of mortgage you […] View article >

Moving House Checklist

April 12, 2017

Moving house can be a stressful experience but you can certainly help things move a little more smoothly if you plan your approach. Of course, a lot will depend on how much furniture and contents you need to move to your new home and how far you are going. Here’s a quick checklist to help […] View article >

Safety Standards for Blinds and Curtains

April 8, 2017

Landlords and letting agents need to be aware of a raft of different legislation, particularly if they want to stay on the right side of the law. One area that is often overlooked is the safety relating to fittings such as blinds and curtains. The major part of these regulations is to ensure that there […] View article >

What landlords in Scotland need to know about Licensing!

April 6, 2017

Landlords in Scotland should be aware of the need to register with Landlord Registration central online system for Scotland. Here we provide the information you need to know. If you would like specific guidance, please contact one of our offices and we can explain how we can help make this process simple and hassle free.   […] View article >