News

COVID 19 LOAN SCHEME
    A new loan scheme has been made available this week for some landlords whose tenancies have been affected by COVID-19.   Private Rent Sector Landlord COVID-19 Loan Scheme Last month, the Scottish Government announced it would provide an interest-free loan to landlords who have suffered a loss of rental income as a result […]
Read on...
How to manage your inventory effectively
You will probably be faced with a lot of different documentation relating to your rental property- some of which you may be more familiar with than others. Included with your “move in pack” will be your property’s inventory. An inventory is a written document which provides an accurate description of the contents and condition of […]
Read on...
The Danger of Unqualified Letting Agents
Is your letting agent qualified to manage your properties and ensure you meet your obligations as a fit and proper landlord? Let’s hope so, as the protection of tenants is a high profile cause for the Scottish Executive. Time and time again, we discover when taking on new landlords properties that they are in breach […]
Read on...
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 […]
Read on...
Tax in La La Land – Landlords Hearing Little Sweet Music
By Donald Parbrook, Head of Tax, Milne Craig, Chartered Accountants Landlords may be forgiven for feeling like the new changes in tax rules were made up in La La Land.  Certainly the changes are music to the ears at the Treasury.  It seems both Scottish and English Governments have little or no interest in making […]
Read on...