In Scotland the EPC rating must be displayed in the property. Tenants There are a number of tenant specific considerations to be aware of when becoming a landlord: Right to rent - No matter what type of tenants you decide to focus on, every tenant over the age of 18 must undergo a ri...
How to spend the day:Exploring the gorgeous surrounds of Galashiels is the perfect way to spend your first day in the Borders. Pop intoHike & Bike, run by friendly locals Angela and George, who started the organization to help highlight and promote the area. They rent bikes and can take...
10. What if I make a loss? 1. Is my rental income taxable? Rent and associated payments you receive from tenants is income and once it’s over certain thresholds, you must pay tax on it. Legitimate expenses you pay to rent out your property are tax deductible, so you only pay tax ...
The latest research by eXp UK, the platform for personal estate agents and estate agency businesses, has revealed that North Kesteven is the best pocket of the UK property … The sky’s the limit: Homes to rent with... August 1, 2024 ...
Tenancy reform:The bill will remove fixed-term assured tenancies, which mean renters are obliged to pay rent regardless of whether a property is up-to-standard and prevent them from easily moving out in response to changing circumstances, such as a relationship breakdown or new job...
The shared ownership scheme is a government initiative available in England, Scotland, Wales and Northern Ireland. It allows you to buy a share of a property from a housing association - between 10% and 75% to begin with. This means you won't need to take out such a large mortgage to ...
Holiday lets offer a unique opportunity for property owners to generate high additional income by leveraging their available space and catering to the growing demand for unique and immersive travel experiences. Unlike long-term rentals, holiday lets are designed to accommodate the needs of short-term...
The typical deposit equals one or two months' rent. In Scotland, it's illegal to charge any premiums or holding deposits in addition to the security deposit [source: Shelter.org]. In the past, Scottish landlords had asked for thse extra fees to run credit checks and process rental ...
1. We are planning to spend aproximately 1 week in scotland getting to Edinburgh from London. We haven´t decided if a day (7.5 hr), a speed train (4 hr), a night train or flight is best. If we want to also go sight seeing in Scotland, is it worth it to take the train?
With a shared ownership scheme you can buy equity in percentage share of the property that is anywhere between 1 quarter and 3 quarters of the value of the asset. You will then pay a market rent on the outstanding portion of the property, with a no option to buy the remainder at a lat...