Scottish Landlord

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Friday 18th November 2016

Latest Comments

Total Number of Property118 Comments: 3

Scottish Landlord

13:21 PM, 27th October 2018
About A year ago

Why Buy to Let Edinburgh is rapidly rising?

As an Edinburgh resident myself…I find this is a bit of a strange article:

- no mention of rent controls
- no mention of the new tenancy legislation that penalises students and festival goers
- no mention of legislative breaks for big business landlords
- no mention of the withdrawal of no fault end of tenancies
- no mention of the higher tax rate landlords pay in Scotland
- no mention of the additional licensing conditions
- no mention of the legislation under consideration that will halt short-term letting like AirBnb

…all the above considerations are active now.

Can’t disagree with the sentiment but find this article bizarre given the number of measures in force in Edinburgh that are not in place elsewhere in the UK.... Read More

Scottish Landlord

2:19 AM, 14th August 2018
About A year ago

Scottish rental reforms put future Edinburgh Festivals at risk

Couldn’t agree with you more that the Scottish Government will not be concerned in the slightest; I’d argue that they won’t even take notice.

During the consultation phase for the new tenancy agreement student HMO license owners lobbied the government to warn of the problems highlighted in this article i.e. without fixed term tenancies that student landlords and students alike both want, the number of properties that can be made available for festival letting will dry up.

Therefore, I’d have to disagree with your sentiment about the future supply of short-term festival letting. Advertising of festival properties typically starts in January but without knowing when a lease will end, advertising and accommodation guarantees cannot be offered. Performers, who spend many months preparing for the festival, will not be expected to wait until the summer just to see if accommodation may or may not become available at short-notice.

This will certainly be my last year of providing near 20 beds to festival performers and I feel for them. And, yes, of course I could lose rental income if students vacate at short-notice.

It’s also worth pointing out, I feel, that after the lobbying during consultation over the withdrawal of fixed-term leases a small exemption was granted…to large-scale student accommodation providers….different rules for the wealthy investor than for the little guy…sound familiar anyone? Seems little difference between the conservative UK government and so-called socialist Scottish government: both grant favours to the wealthy. By comparison, small-time HMO owners were told that they would “just have to get on with it”.... Read More

Scottish Landlord

10:58 AM, 18th November 2016
About 3 years ago

Validity problem of parental guarantees when the parents are not resident in this country?

Hi, I believe that some universities will offer to act as UK guarantors for a limited number of students.

Failing this there are companies that will offer a UK guarantor service, such as Housing Hand (who charge the students a fee).

This term is my first dealing with Housing Hand so although they do appear to offer a solution (they completed my guarantor form) I cannot comment on how easy it is to claim from them. Hopefully I never will.... Read More