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. In order to achieve the maximum return and benefit from any property investment, the correct choice is crucial. Read morePrivate 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.These new tenancy agreements will contain certain mandatory clauses. Read more
The Bank of Mum and Dad
Without doubt, buyers these days are finding it harder than ever to get a mortgage and to make a start on the property ladder. Parents and grandparents are increasingly being called upon to help younger family members buy their first or even second homes. Read moreWell intended but perhaps not the best step to take...?"
House property values have risen across the country over the last 20 – 30 years.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 morePRIVATE 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 moreLand 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 moreLand 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 moreScotland has spoken
What now for the property market?History was undoubtedly made in the early hours of Friday 19th September 2014 as the results of the independence referendum were revealed. Read more
