The Civic Government (Scotland) Act 1982 (Licensing of Short-term Lets) Order 2021 (the Order) came into force on 1 March 2022. Its purpose is to regulate the short-term letting sector by introducing a national licensing scheme to be operated by local authorities backed up by criminal sanctions. In addition, local authorities will be able to …
Read more >The Scottish Government’s New Deal for Tenants is, to coin a well-known advertising slogan, ‘exactly what it says on the tin.’ The 108-page document contains the word ‘tenants’ 289 times — over 100 times more than ‘landlords’ (165 times). ‘Tenants’ rights’ outnumbers references to ‘landlords’ rights’ by nine to one. So what, some might say. …
Read more >The legacy of 2020’s multiple lockdowns and regulations led to a rise in properties being viewed and let via digital channels. As a result, there has never been a more vital time for letting agents to push forward with strong digital marketing strategies to generate leads. But, what if you’re not seeing the results you …
Read more >The modern world seems to be all about risk. We analyse it endlessly, look at risk aversion so we don’t face it all and then mitigate against all the risks we can think of for our businesses. The construction and house building sector is no different to any other in that respect and possibly takes …
Read more >After a couple of turbulent years, today we can evaluate the significant changes that have taken place in the workplace. The scenarios we have lived through made employers and workers look for new digital solutions that helped them overcome the challenges posed by a global pandemic. The biggest transformation, facilitated by digitalisation, was the tendency …
Read more >What are the requirements for a buy-to-let property? You’ll need a deposit of around 25%, although some lenders will consider 20%. The deposit amount is based on the valuation or the purchase price – whichever is lower. The loan amount is usually dictated by loan to value and a ‘rental stress test.’ In broader terms, …
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