Citylets Sponsors National Landlord Day

Citylets has been a proud sponsor of the Scottish Association of Landlords’ largest annual conference and exhibition for 10 years. This year’s National Landlord Day is to be held on Nov 13th at Dynamic Earth in Edinburgh and it promises to be an exciting event, chaired by the BBC’s Stephen Jardine.     The conference will …

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Glasgow Lion

The Scottish Private Rented Sector recorded another annual rise as at Q3 2018 with rents up 2.2% to stand at £789 per month on average. Continued demand for properties of all sizes pushed rents higher with 4 bed properties, as per previous two quarters of 2018, recording the steepest annual growth at 5.5%. The average …

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Tenant Vetting Through Social Media

Social media is proving to be an important source of information for landlords who screen their would-be tenants’ profiles in search for any areas of concern, before making a decision to rent their properties to them. Anything from job and career history right through to family, friends and lifestyle, can potentially be gathered from accounts …

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Feng Shui Tips for a Perfect Home

More than 3000 years ago in China scientists discovered Feng Shui (also known as Chi). The basic principle of Feng Shui is that Feng, which means “wind” and Shui, which means “water”, are energies that attract good health and wealth. Bad Feng Shui attracts poor health and negative energy. Our homes are divided into different …

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Caution to Landlords Considering Move to Short Term Lets

Recent research from the Residential Landlords Association (RLA) revealed that 7% of landlords are moving over to short term letting. Airbnb data also shows that their platform now has 168,000 listings for the UK alone. Prominent letting agent, DJ Alexander Ltd, who manage over 5,000 properties feel that the combination of tax cuts to mortgage …

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Landlords – More Taxing Times Ahead?!

Political writer James Forsyth has forewarned that the Treasury is investigating ways of raising money in light of the upcoming autumn budget and planning a possible increase to stamp duty on second homes. Forsyth claimed: “This [increased stamp duty surcharge] would, so the thinking goes, raise money for the Exchequer and help keep house prices …

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