Pros and Cons of Holiday Lets

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 …

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What Is Scotland’s Short-Term Let Licensing Scheme and What Will it Achieve?

From the start of October, the Scottish Government required all of its local authorities to have a short-term lets licensing scheme in place. The aim being to ensure short-term lets are safe and that concerns from people living in some areas of the country about their impact on housing supply in those local communities, are …

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The Civic Government (Scotland) Act 1982 (Licensing of Short-term lets) Order 2022 – What Do You Need to Know?

The significant increase in short-term holiday lets within Edinburgh and throughout the country has led to the Scottish Government legislating as a means to control this element of the rental market under the Civic Government (Scotland) Act 1982 (Licensing of Short-term lets) Order 2022. While the Licensing Order was brought into force in March 2022 …

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Lets Talk with Fred Lawson

Retiree Fred Lawson, joins host Gillian Semmler for episode 61 to talk about his property portfolio that he began building in his 70’s. From investment banking in the Bahamas to stockbroking in Australia, Fred has a wealth of financial experience and offers helpful advice to existing landlords and those considering investing in property in these …

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Lets Talk with Steve Coyle

Lets Talk’s 60th episode features Cullen Property’s Managing Director, Steve Coyle, explaining the pro’s and con’s of short term lets vs long term lets. Host, Gillian Semmler asks Steve about the new legislation for the licensing of short term lets that is due to come into effect this October. Steve highlights significant points within Edinburgh …

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Airbnb Hosts: Tax Housekeeping Reminder

The UK staycation trend appears to be here to stay… or at least into the summer of 2022. This in turn is reflected in the ongoing predominance of Airbnb market presence across the UK, which perhaps also reflects landlords changing their view on short term lets. Landlords have had to absorb increased costs in recent …

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