If you are a landlord or second home owner in Scotland it is important that you are aware of the taxes you must pay when you purchase a buy-to-let property or holiday home. Nicky Lloyd, Head of ESPC Lettings, says: “When buying a second home, the issue of tax can be overwhelming, but it is …
Read more >Moving out for the first time is an exciting experience, but it can be daunting. Whether you’re heading into a beautiful rental property or have just purchased your first home, the thought of packing up your possessions and making a new start in a new house is often overwhelming. Fortunately, you’re not the first person …
Read more >Following months of upheaval since the disastrous mini-budget last September, Q1 2023 saw an increase in interest rates for the 11th consecutive time, to 4.25%, in a bid to curb rising inflation. Despite this and the deepening cost of living crisis, the property market in Edinburgh, the Lothians, Fife and the Borders continued to perform …
Read more >On 29th March 2023 a panel discussion was held by UK Apartment Association (UKAA), focusing on the impact the temporary rent control measures have had on the Scottish rental sector, and possible future solutions that would address the chronic undersupply of homes in Scotland. With the recent election of Humza Yousaf as First Minister, and …
Read more >Being a property developer is a team game. The backbone of every successful business in the industry is collaboration. While building new homes was originally touted as the best way to beat the housing crisis, naysayers now speak up and believe differently; reclaiming empty buildings is apparently a more promising solution. While the way through …
Read more >New guidance has been issued by the Scottish Government detailing changes to the Repairing Standard that take effect and will be enforceable from 1 March 2024. The full guidance can be found here. In addition to the changes identified below, the guidance details what is expected of landlords in relation to the control of mould …
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