News

Major Changes To Legislation Prompt Hasty Re-Training For Letting Agents In Scotland
Mandatory Letting Agent Training From early 2018, all letting agents must register with the Scottish Government and the most senior employee of the agency (or in each office, if there are multiple branches of a letting agent) must have undergone 20 hours training on the legalities and practicalities of property management. It was originally proposed […]
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Calls for Scottish Property Tax Reforms May Have Been Heard
In 2015 the Scottish Government introduced the Land and Buildings Transaction Tax (LBTT), new tax brackets implemented in a bid to save homebuyers thousands of pounds and help get them on the property ladder. Introduced in 2015, LBTT was the first domestic tax charged in Scotland in more than 300 years, since the Act of […]
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MAJOR Changes in Private Rented Sector in Scotland – Private Residential Tenancy (PRT)
Landlord or tenant, you might have heard in the news or online about recent changes in legislation covering tenancies offered in Scotland. It can be difficult to decode that legal jargon. We’ve broken it down to make clear what you need to know and how these changes will affect you. Please be aware this change […]
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Pros and Cons of Buying Tenanted Properties
The UK is experiencing an upsurge in the sale and purchase of tenanted properties but is the trend just a fad or a viable option for property investors? A tenanted property is one sold with tenants currently living there. The removal of tax relief for buy to let finance costs has led some landlords to […]
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