Property News

New Code of Practice for Letting Agents

The end of 2017 saw massive changes in the Scottish private rented sector with the introduction of the new Private Residential Tenancy Agreement which has been received with mixed reviews, depending on whether you are a landlord or a tenant.  Although the new PRT is a lengthy document it does... Read more

Selecting a suitable property for the Aberdeen rental market

The Granite City’s residential property market may not be booming for home sellers – but for those seeking to invest in rental property current conditions can provide excellent opportunities. Read more

Private Residential Tenancies

The 1st December 2017 will see the launch of the long awaited Private Residential Tenancy (PRT), a “model” tenancy agreement created by the Scottish Government.   Read more

The Bank of Mum and Dad

A report published recently for the BBC has shown the number of first time buyers relying on “the Bank of Mum and Dad” for financial help has now reached an all time high with more than one-third of home buyers in England depending upon family financial contribution. Read more

Well intended but perhaps not the best step to take...?"

Whether wanting to help a younger generation climb the property ladder or looking to minimise liability for care home fees, many clients are now contemplating transferring the family home out of their ownership. Read more

All change for Private Rented Tenancies

2017 will see a dramatic change in the legislation governing private residential tenancies in Scotland. Read more

PRIVATE HOUSING (TENANCIES)(SCOTLAND) BILL

The anticipated Private Housing (Tenancies)(Scotland) Bill outlining the proposals for a new tenancy regime in Scotland has now been published.  The Bill outlines a complete reform of the current regime making the biggest change to the Scottish landlord and tenant legislation in over 25 years. Read more

Land and Buildings Transaction Tax – New Scottish Tax Explained

Having acquired the power to introduce devolved taxes, the Scottish Parliament has now introduced two new taxes, one of them being Land and Buildings Transaction Tax (LBTT). It replaces Stamp Duty Land Tax (SDLT) and will be administered by a new tax authority – Revenue Scotland. Read more

Land and Buildings Tax - Latest Update

Incredibly, it would seem that the Scottish Finance Secretary is on the brink of announcing a revisal to the new bands and rates of the Scottish Government’s Land and Buildings Tax due to come into force on 1st April 2015, replacing the UK stamp duty tax. Read more

Scotland has spoken

What now for the property market? Read more
Latest News
New Year's Resolution?

2022 offered some interesting debate about sole director companies which had chosen to implement the Model Articles and how (or whether) certain provisions of the Model Articles applied (or not).

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