Changes to Scottish PRS abolishes “no fault” ground for repossession

28 September, 20170 Comments
The Scottish Government has confirmed that a new form of Scottish residential tenancy, known as the Private Residential Tenancy (“PRT”), will come into force on 1st December 2017. As the Private Housing (Tenancies) (Scotland) Act 2016 comes into effect, it replaces the current ‘Assured Shorthold Tenancy’ system for all future private sector tenancy lets in Scotland from this
Read more

The private rental market could change everything in Scotland

03 January, 20170 Comments
The Scottish housing market could be defined by investors purchasing land in order to build apartments for the rental market. These kinds of developments are likely to become as common as student accommodation and even though these kinds of developments are mainly seen in London, it is likely that investors are going to look to
Read more

54% of landlords unaware of government plan to abolish tenant fees

24 August, 20161 Comments
Following a petition opposing letting agent’s fees, fresh research reveals that 54% of landlords are not aware of the government’s plan to abolish tenant fees. Baroness Grenader put forward the changes to the Renters’ Rights Bill, which includes scrapping fees charged by letting agents and occasionally by landlords. As a landlord in England, Wales or Northern
Read more

As Home Ownership hits 30 year low, rent guarantee insurance popularity increases

02 August, 20161 Comments
New research reveals major cities across the UK are experiencing the lowest levels of home ownership since the 1980’s, following a peak in the early 2000’s. In 1986 the average first time buyer could purchase a home for just £30,000, which would barely cover a deposit in 2016 – the average first time buyer now has to find at least £150,000 in today’s market. Firmly
Read more

As rental demand surges in Fife, so does the need for thorough tenant referencing

12 May, 20160 Comments
One of Scotland’s leading independent letting agents has revealed that the Fife letting market is experiencing a dramatic surge in demand for rented property this year. During the first three months of 2016 CKD Galbraith say that their volume of lets secured by its Cupar office doubled, whilst the number of properties available to let
Read more

Council tax ‘could be scrapped’ in Scotland?

24 August, 20150 Comments
Reform Scotland is calling to revamp the way that the local government is financed and is arguing that Scotland’s 32 councils should have total control over local taxation through a range of other taxes. Reform Scotland is a public institute or ‘think tank’ who’s objective is to “set out policies in Scotland that deliver increased
Read more

Time that Housing Associations admitted the truth about why they have rent arrears – the PRS know why

07 July, 20140 Comments
Labour MPs Julie Hilling (Bolton West) and Alex Cunningham (Stockton North) revealed how social landlords in their constituencies had seen a sharp rise in arrears due to the controversial under-occupation policy. Hilling said: “Bolton at Home tells me that its arrears stand at £1.9 million, even though it has a 97% collection rate and has
Read more

PRS expansion undermines Scottish Governments hopes of reducing poverty

02 May, 20140 Comments
According to recent research by one of the largest UK social policy research charities, the proportion of Scottish households now privately rented has risen from 7% in 1991 to 14% today. The Joseph Rowntree Foundation have also found that : On average, PRS rents are 86% higher than social housing rents. Scotlands historically large share of social
Read more

Letting Agents keeping tenants deposits are not agents THEY’RE THIEVES

27 February, 20140 Comments
A Newsbeat investigation has found that a minority of letting agents are fraudulently taking thousands of pounds from tenants as holding deposits, not letting them move in and then keeping that money. From January 2011 to September 2013 Trading Standards authorities in England reported 487 such cases and a Freedom of Information request found that
Read more
  • 1
  • 2