Archive for June, 2010

Fewer flats leads to rent increases

Thursday, June 3rd, 2010

The lettings market in Scotland is expected to continue to recover after rents were pushed higher in the three months to April this year, experts said today.

The Royal Institution of Chartered Surveyors members said rents were being driven higher by a continuing decline in the number of houses and flats available to let.

The chartered surveyors are optimistic the market will continue to recover, with a balance of 40% expecting rents to continue rising, a leap from 19% April 2009.

Houses remained marginally more popular than flats but flats had started to re-establish their appeal in the three months to April, the letting survey by the RICS found.

Meanwhile, demand for rental property remained strong, with 73% more surveyors reporting a rise rather than a fall, up 34% on the same time last year.

Across the UK, 30% more of RICS members reported seeing rising rents during the three months to April.

© The Herald
Originally published: 26.05.2010

Private landlord registration – time to renew?

Tuesday, June 1st, 2010

For many landlords it has been three years since they first registered as a private landlord with the Council. The relevant Council should write/email landlords providing advance notice of the requirement to re-register with the Council and the expiry date of their current registration.

To avoid late payment fees landlords are advised to ensure that they re-register with the Council before their current registration expires.

To check when your registration expires log onto www.landlordregistrationscotland.gov.uk to log into your account, or to find the contact details for your local Authority.