The Additional Dwelling Supplement rise is another blow to Scottish landlords, but opportunities remain in a sector which can bring rich rewards, argues Riccardo Giovanacci. The Scottish Government had another thoughtful Christmas present for landlords in the Private Rental Sector (PRS) in Dece
Prs
With a seemingly never-ending increase in legislation, entering the buy-to-let market can seem a daunting prospect, but Nicky Lloyd, head of ESPC Lettings, explains that there are long-term advantages for those willing to enter the market now. With details being revealed that rent controls will end
Uncertainty over policy direction has led Scotland’s private rental sector (PRS) to undergo "a reset", after a mixed year for rental growth across the country during 2024, according to Gilson Gray. The full-service legal firm’s analysis of data from Citylets pointed to stalling rents in
Lettings and estate agency DJ Alexander has said rent levels in Scotland are best left to the market to determine, arguing that rent controls have inadvertently fuelled rent increases. The firm said that the latest statistics on rent levels in the private rented sector (PRS) show that rents have bee
Matthew Aitchison discusses the implications of the proposed changes to Scotland's rent controls for the PRS market. Few policy changes in the property sector have received more attention than the rent controls and eviction ban originally introduced as a temporary measure in late 2021. There has bee
From 7 October 2024, victims of authorised push payment (APP) scams will be able to claim a maximum reimbursement of £85,000 for losses incurred through Faster Payments and CHAPS, the Bank of England's Payment Systems Regulator (PSR) has confirmed. This decision by the PSR board reduces t
A group of major shareholders in the PRS REIT, which invests in new-build family homes for the private rental market, have called for the removal of the board chair and a non-executive director.
A comprehensive global overview of the empirical evidence on rent control policies has found that they produce significantly more negative consequences than benefits.
Property experts Sarah Baum and Michael Connolly have partnered to launch Scotland’s first estate agency specialising in accessible homes. Based in Edinburgh, Accessible Housing Scotland (AHS) will have a specific focus on individuals with a range of accessibility requirements, whether due to
Newton Property Management has continued its growth through the completed acquisition of Aberdeen-based Atholls. At the end of July, Atholls transferred all common management responsibilities for 2,600 factored properties following a review of services.
A total of £300 billion is needed to deliver the additional million homes in the Private Rented Sector (PRS) required to meet the future household growth requirements by 2031, Savills has warned. According to the real estate advisor's latest report on the UK Build to Rent (BtR) secto