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, …
Read more >Jo Parry-Geddes, Associate and Conservation Architect with Mill Architects joins Lets Talk host, Gillian Semmler for episode 51 to answer some of the most frequently asked questions regarding housing standards and repairs within the Private Rented Sector (PRS). Jo gives advice and shares scenarios that may concern landlords/property owners – from a notice being served …
Read more >Letting professionals in the private rented sector (PRS) have been reporting worryingly low stock property levels for some time now, and the Scottish Association of Landlords (SAL) is concerned that the already difficult situation is only going to get worse in the months and years to come, leaving hundreds of renters high and dry. Scotland’s …
Read more >Introduced at the start of the pandemic to protect tenants from eviction, the extended notice periods for residential tenancies, in both public and private rented sectors, will expire on 30th March 2022, the Scottish Government has announced. This means that the provision in the Coronavirus Recovery and Reform (Scotland) Bill to extend the notice periods …
Read more >The Scottish Government has published a consultation paper on a new deal for tenants which aims to deliver stronger tenants’ rights, greater protection against eviction and access to higher quality, more affordable and greener housing. The new policies, outlined in the Draft Rented Sector Strategy, are intended to help shape a fairer rented sector that …
Read more >A new study has been published, exploring landlords’ perspectives on temporary Coronavirus legislation which was introduced by the UK and Scottish governments to prevent a surge in evictions in both private and social rented sectors. Conducted by University of Glasgow researcher, Andrew Watson, and director of Urban Big Data Centre and professor of Urban Studies …
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