Tenant gave notice then changed his mind?

admin    Uncategorized     agents

Hello, I am selling all my properties and planned to send the S21 to the tenant of the ‘next in line’ in early January as my mortgage fixed term ends in October. On the day I was going to start the process I was very happy to receive Notice from him

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Scotland’s property boom as the pandemic pushes prices up by £43k

admin    Uncategorized     agents

Scotland has seen an extraordinary surge in property prices since the pandemic, with average values rising by £43,381 in less than four years, according to a leading estate agency.

DJ Alexander Ltd has analysed the latest data and found that between March 2020 and November 2023

View Full Article: Scotland’s property boom as the pandemic pushes prices up by £43k

Landlords: it’s time to get 2024 off to a flying start

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You’re a landlord looking to sell, but last year was a challenge. In 2024, it’s time to get your portfolios and properties sold and get you moving on to your next projects.

Why now? The biggest challenge for landlords wanting to sell is that they want to shift properties in bulk

View Full Article: Landlords: it’s time to get 2024 off to a flying start

When condensation and mould is caused by the tenant?

admin    Uncategorized     agents

Hello, We are currently dealing with a tenant who has complained to environmental health about the damp in their property. We have been instructed to re-decorate the whole property which we do not mind, but every time we go to the property

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Scotland’s landlords warned about new electrical safety rules

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Private landlords in Scotland have been warned by SELECT, the trade association for the electrical industry, to make sure their properties meet the new Repairing Standard guidance on electrical safety, which comes into effect on March 1.

The guidance

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Financial strain and abolition of Section 21 are driving landlords out of the PRS

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“A perfect storm” is how one legal expert describes the difficult position of landlords within the private rented sector (PRS), with the Renters’ (Reform) Bill playing a significant part in it.

Gina Peters, the head of landlord and tenant at law firm Dutton Gregory

View Full Article: Financial strain and abolition of Section 21 are driving landlords out of the PRS

MPs call for ‘Awaab’s Law’ to be extended to the PRS

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MPs are calling on the government to extend the proposed Awaab’s Law, which sets new deadlines for social housing landlords to fix unsafe homes, to the private rented sector (PRS).

The Health and Social Care Committee says that the legislation will improve the quality and safety of both social and private rented homes.

View Full Article: MPs call for ‘Awaab’s Law’ to be extended to the PRS

Landbay launches new range with AVMs for faster BTL offers

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Landbay has introduced a new range of products that use automated valuation models (AVMs) to cut down the time to offer – and help landlords save money.

The specialist buy to let lender is the first to use the platform for its new range of five-year fixed-rate products

View Full Article: Landbay launches new range with AVMs for faster BTL offers

Landlords are optimistic about the PRS despite challenges – NRLA

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Landlord confidence in the private rented sector (PRS) rose significantly in the third quarter of 2023 after hitting record lows, according to the National Residential Landlords Association (NRLA).

The NRLA’s confidence index, which measures landlords’ views on the prospects of their own lettings business and the wider rental market

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January sees a new surge of landlords selling their portfolios for higher prices than 2023

admin    Uncategorized     agents

There’s good news for landlords who have postponed selling their rental properties despite falling profits and new legislation making the private rental sector less appealing to most landlords.

2024 has already seen a surge of buyers returning to market amid falling mortgage rates following with Zoopla reporting buyer demand at the end of the first week of January was more than 10% ahead of the same period a year ago.

View Full Article: January sees a new surge of landlords selling their portfolios for higher prices than 2023