The relationship between landlord and tenant is a delicate one, complete with terms, conditions and dual obligations. The majority of tenancies run smoothly, but sometimes issues can arise before, during or after a tenancy. This can lead to complications for both parties – deposit deductions being one of them. Continue reading
While it’s not the case for everyone, most landlords are likely to prefer long-term tenants over short-term ones. For security, reliability and consistency, for a steady stream of rental income, and for the easy avoidance of unwanted void periods, more often than not long-term tenants hit the mark. Continue reading
Over 70% of Scots are happy to rent a property, according to new research, with many opting to live in the private rented sector for lifestyle reasons and the added flexibility it provides.
We’re now well into the autumn and it won’t be long before temperatures plummet and the weather becomes inclement.
How much does it cost to operate one private rental property per year? This is a question that new or would-be landlords may be asking themselves, and now high-street lender Nationwide has calculated precisely how much, on average, it costs to run a single privately rented home. Continue reading
With tougher buy-to-let lending criteria set to be introduced in late September, landlords across the UK are being urged to remortgage before it becomes much trickier to secure finance. Continue reading
Landlords in Scotland continue to have more reason to cheer than their counterparts in England and Wales, according to new research on rental yields.
Scotland is famous the world over for a number of things – including kilts, shortbread, haggis, whisky, Trainspotting, Robert Burns, Hogmanay, the Edinburgh Fringe and William ‘Braveheart’ Wallace. In recent years, though, it has become an increasingly attractive proposition for landlords and property investors eager to achieve healthy rental yields.
As a landlord, you will have your own specific rules on smoking inside rental properties. For most, it’s a prohibited. In the majority of tenancy agreements, smoking will be outlined as one of the things that is not allowed as the risk of damage, stains and other issues is deemed too high. Continue reading
The sun is shining (yes, even in Scotland; well, most of it!) and the holiday and music festival season is in full swing, which means that summer is well and truly here. Continue reading