Marell Gillespie

Registered with Property118.com
Thursday 8th May 2014


Latest Comments

Total Number of Property118 Comments: 3

Marell Gillespie

13:37 PM, 23rd February 2015
About 5 years ago

Ending Short Assured Tenancy in Scotland due to rent arrears

Vicky,

I suggest you take legal advice as removing tenants re rent arrears is in my experience/opinion not that simple.

You can serve an AT6 under rent arrears grounds. This can be done on just 14 days notice. However the disadvantage of relying on rent arrears grounds to remove tenants is that they can dispute the arrears are due for one reason or another (they withheld rent re boiler broken, window repair blah, blah) and this will delay the action. Also, if you raise an action under rent arrears grounds and the arrears are paid off, then you can no longer rely on this as a basis for recovery.

The other option is to serve notice to quit and section 33 notice however these notices will have to coincide with the lease end date. There is no defence to an action raised under S33. The only defence to such an action would be if the tenant was to claim that there was some defect with the notices served.
I always have these notices served by Sherriff Officers and then they can’t say they did not receive.
I know that by doing this you will be incurring additional costs on top of not receiving any rental income for three months but I’m sure you are the stage you just want rid and your property back.
The Scottish solicitor I use charges £75.00 plus vat to do this and sheriff officers serve for £60 plus vat.... Read More

Marell Gillespie

10:01 AM, 9th May 2014
About 6 years ago

BM Solutions scraps minimum income rules on buy to let mortgages

Thank Mark but I understand the product you're referring to is not available to Scottish landlords:(... Read More

Marell Gillespie

11:17 AM, 8th May 2014
About 6 years ago

BM Solutions scraps minimum income rules on buy to let mortgages

I understood where more than 3 properties are held no additional borrowing is allowed? Not ideal for investors who have several mortgages with BM and who have now built up fair amount of equity?... Read More