Properties can often present a variety of opportunities for landlords to renovate or extend which can maximise their yield, reduce the TTL (time to let) and potentially increase the property value. It is also important to remember that renovations and improvements can be tax deductible. Popular plans which landlords have adopted, range from adding rooms …
Read more >One of the main concerns for landlords is rent arrears. Fear is often instilled as soon as a landlord notices a missed payment. However, it doesn’t necessarily mean the start of continual rent arrears. Citylets gives advice below on the recommended steps to help prevent the situation escalating to something more serious or prolonged. Start …
Read more >We happen to live in modern times surrounded by sophisticated technologies and with internet present in almost every place we go: cafes, on board of public transportation, High Street shops, to name but a few. It doesn’t surprise anyone to have reception on a beach or in the mountains. Our expectations related to internet naturally …
Read more >The online register of private landlords was first introduced in 2006 but since then digital technology has evolved a great deal and the system has become outdated. In response to the increasing users’ needs and changing standards, a new digital application for the register of landlords has been developed for the Scottish Government by Register …
Read more >It is about to become, quite literally, a ‘taxing’ time for landlords when the new tax changes for landlords are introduced from this April. Astute landlords who have considered the implications of the full effect in 2020 have already started to take steps to help alleviate the impact of the new cuts to tax relief. …
Read more >When choosing tenants for your rental property you look for someone tidy, honest, responsible and reliable to pay the rent on time. It may understandably not occur to you at first to look for any signs they could be potential drug cultivators. Sounds a bit over the top? It is said that cannabis (Class B …
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