Letting

Taxing buy to let

In recent months the number of enquiries regarding what to do with property investment portfolios has increased markedly. There is no doubt one of the main reasons for this is the gradual phasing out of income tax relief for loan interest and other finance costs on residential/buy-to-let properties. Until April 2017, taxpayers obtained relief for [...]

Private Residential Tenancy: the facts

At the start of December 2017, The Private Housing (Tenancies) (Scotland) Act 2016 introduced the Private Residential Tenancy (PRT), in a bid to regulate the private rented sector. It only affects new tenancies created on or after 1 December 2017 – any short assured or assured tenancy agreement granted on or before this date will [...]

2018-02-08T20:10:06+00:00Letting, Property|

More Government pressure on multiple Buy–to–let

Buy–to–let portfolio holders with more than 4 properties will be subject to cross portfolio checks to prove their overall borrowing still affordable. This continues the pressure on private landlords as the Government seeks to reduce the amateurs in the sector and pushes to release housing back for owner occupiers and move renters into dedicated PRS [...]

2016-11-15T19:32:00+00:00Estate Planning, Letting, Property|

Where to Invest in Edinburgh?

Central 1 bed flats have formed part our own investment strategy for the last 20 years and we have constantly recommended these as an entry level for any would be investor. Tenant demand is constant due to Edinburgh having a large transient population and of course the increasing number of single person households. Gorgie/Dalry is [...]

2016-12-05T16:25:04+00:00Buying a House, Letting, Property|

Making life less taxing for property investors

While the Conservatives have promised not to increase corporation tax, National Insurance, Income Tax or VAT, there is still a chance other taxes could go up. Which is a concern for the real estate industry. With over two million private landlords renting out five million properties in the UK, being aware of tax reliefs and [...]

2016-12-05T16:25:04+00:00Letting, Property, Tax Planning|

Dilapidation interpretation (across the nation)

Now, more than ever, Scottish landlords will need to be on the ball with their policy on dilapidations. Tenants are in a better position for negotiating and, after two recent Scottish cases, landlords are becoming frequently caught out. What are dilapidations? At the end of a lease the tenant may be contractually responsible for repairs [...]

2016-12-05T16:25:04+00:00Home Insurance, Letting, Property|
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