Wednesday, 29 January 2020

Glasgow house price growth forecast to be 3rd fastest in the UK in 2020

Glasgow’s house prices are predicted to outperform most other cities in the UK in 2020.  According to Zoopla’s Cities House Price Index report, ‘Nottingham, Edinburgh and Glasgow rank as the top three cities with the strongest prospects in 2020.’’

This echoes our view that Glasgow remains an attractive place for Buy To Let investors with strong tenant demand supported by a diverse and growing economy. 

We have recently advised a number of private landlords on purchasing suitable buy-to-let properties.

According to the report, the UK recorded 3.9% house price growth in 2019. With London growth at 1.9%, Glasgow out paced this at 3.4%. 

Contact us to find out how we can help.

For details of the full story see:

Thursday, 2 May 2019

An End to No fault evictions?

Theresa May recently announced that the UK Government plans to end No fault evictions in the private rented sector.

In Scotland, this is already the case. A landlord’s right to end a residential tenancy for ‘No Fault or reason’ was abolished in December 2017 when the new Private Residential Tenancy became law. 

Prior to then, and currently still in England, a landlord can give a tenant 2 months notice to terminate a tenancy at the end of the fixed date of the tenancy and does not need to provide a reason.   

Whilst most tenancies are ended by the tenant, and not the landlord, it allowed a landlord to end a tenancy if the tenant was difficult, or more usually if they were in arrears as often it is quicker to gain possession of the property rather than raising court proceedings for non-payment.

In Scotland, there are now 18 grounds that a landlord can end the tenancy, such as if they want to sell the property, move back into it or renovate it.  It also makes it easier for a landlord to end the tenancy if the tenant is in arrears. If a tenant is 3 months in arrears, a landlord in Scotland can give their tenant 28 days notice. At which point they can apply to the Property Tribunal for an eviction order.   

Exactly what the English proposals will be have not been announced yet.

If you need any advice on managing your residential property, we will be happy to help.

Tuesday, 26 February 2019

Is the Glasgow AirBnb market being deflated?

Glasgow City Council recently banned a landlord from renting out a flat as a short term let on Airbnb.   

This follows new regulations introduced by Glasgow Council in March 2017 that bans landlords renting out an entire flat for short-term lets, including Airbnb, in a property with a communal entrance. An individual room can still be rented out if the owner remains living in the property or if the property has its own entrance.

The recent ban followed complaints from other residents of the building who were unhappy about the constant stream of visitors entering the building. The council upheld their complaint and issued an enforcement notice banning the landlord from renting out the property. The ban was then upheld following the landlord’s unsuccessful appeal against the Council in a recent court ruling.

If you want advice on letting out your property on a longer term basis, we would be happy to advise.

For details of the full story see: