Tenants - what is fair wear and tear?
Rachel from our ESPC Lettings team discusses what constitutes 'fair wear and tear' from a tenants' perspective.
News
Welcome to the news room! Read news, views, house price reports, opinion and blog posts on all things property and ESPC related. Use the News topics on the right hand side to help you select news that's of interest to you.
Tax charges on second properties
Owning a second property as a holiday home or as a landlord has long been attractive to investors. However, you need to be clear on the tax charges you could face on purchasing a second property. Claire Maxwell, Tax Senior Manager at Johnston Carmichael, takes a look at LBTT and the recently increased Additional Dwelling Supplement.
Increasing number of families renting in Scotland
The latest Citylets Quarterly Report shows that the three and four bed properties in Scotland are experiencing the steepest increases in rent, suggesting strong demand for family homes to rent. Find out more about the report and the Scottish and Edinburgh rental market in this blog.
What is fair wear and tear for your rental property?
As people live in your rental property, it's only normal for some wear and tear to occur, from worn carpets to torn curtains. However, sometimes tenants cause an unacceptable level of damage to a property which they are liable for. Nicky Lloyd, Head of ESPC Lettings, looks at how to assess what constitutes fair wear and tear for your property. .
Holiday lets - pros and cons
Holiday let - considerations Given Scotland's appeal as a holiday destination, it's understandable that investors are looking at opportunities in the holiday let market. While holiday lets can be lucrative, they can involve a great deal of hard work. Find out more about the pros and cons of holiday let properties.
Rent rise in Edinburgh brings market to all time high
Check out what's been happening in the Scottish and Edinburgh rental market. We've got the latest market update from Citylets' most recent Quarterly Report.
Latest update on Edinburgh's rental market
Citylets have recently published their latest Letting Market Update for Quarter 2 2018 and it’s great news for the Edinburgh rental market.
Best areas for buy-to-let properties
With the rental market in Edinburgh going from strength to strength you might wonder which area of the city is best for rental properties.
How to choose a letting agent
There are almost two hundred letting agents operating in Edinburgh. Nicky Lloyd, Head of ESPC Lettings gives some points to consider when entrusting your property to a letting agent.
Is it illegal to rent out a house without a buy-to-let mortgage?
Did you know that it is illegal to rent out a property under a residential mortgage? ESPC mortgage adviser Peter McGregor looks at this topic and advises what to do when you require a mortgage but also want to let out your residential home.