For landlords, managing rental property effectively requires a systematic approach. Being a landlord is not simply a passive income source; it demands organisation, diligent communication and keeping on top of essential responsibilities. Failure to do so can mean costly mistakes, loss of good tenants and legal trouble. This article provides practical tips and strategies for …
Read more >With lighter nights approaching and summer holidays around the corner, you may be considering purchasing a property to be used as a short term or holiday let. Read on to find out the pros and cons of holiday lets. Pros Flexibility If you purchase a property to be used as a holiday let you and …
Read more >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 >Investing in rental properties and living off the income they generate in the United Kingdom is an attractive proposition for many people, but is it a realistic goal? In this blog article, we will explore the factors that determine whether you can build a portfolio that can supplement, if not completely replace, a full-time salary. …
Read more >For those with lower disposable incomes or who are saving up, houses of multiple occupancy (HMOs) have long been a desirable housing option. This mode of living is especially popular among students and young professionals since it offers cheaper rent per bedroom. In the past, HMOs have been an appealing option for many investors due …
Read more >Not only in Scotland but around the world, inflation has been pushing prices sky-high and making everyday life a little harder on our bank balances. But what does this mean for home improvements, and how will landlords maintain their properties when times are tough? Current property market and inflation in Scotland Last year was undeniably …
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