Friday, 19 June 2020

Scottish Letting and Sales market to Open Up from 29th June

The Scottish Government has now confirmed that from 29 June, you will be allowed to leave home to ‘undertake certain activities in connection with the purchase, sale, letting or rental of a residential property’.

From that date you will be able to visit estate or letting agents, developer sales offices or show homes.  Viewings of residential properties will be permitted.

We have been able to support our landlords and tenants, offering virtual viewings and have been able to assist tenants in a safe manner who have needed to move.

We look forward to continuing to work with our tenants and landlords in a safe and physically distanced way.

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

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.