Year: 2014

How to Present a Rental Investment

Dec

With an ever increasing number of TV programs dedicated to property sales the majority of home sellers are now aware of the influence presentation can have on sale prices and the time required to secure a sale. What is perhaps not so widely known, and demonstrated, is that the presentation of a rental property is equally as important.

House In Multiple Occupancy (HMO) Professional Guidance

Nov

An HMO (house in multiple occupancy) is a property that is shared by three or more tenants who aren’t members of the same family. HMO landlords must have a licence from the council for every HMO. This ensures that the property is managed properly and meets certain safety standards.

Changes Coming to Stamp Duty Land Tax

Oct

As part of the Budget delivered on Thursday 9th October 2014 the Scottish Government announced plans to make changes to the tax paid on the purchase of residential properties in Scotland. From April 2015, Stamp Duty Land Tax (SDLT) will be replaced by the new Land & Buildings Transaction Tax (LBTT). The ESPC have produced an excellent article explaining these changes. Stamp Duty Land Tax.

Investment Purchase Example

Sep

At the outset we discuss with every client how much they wish to invest, the most suitable type of property, specific goals and how the property purchase is best financed.

Of course the investment strategy for every client will be unique but below is an example of a property investment package we have just put together for a client based in Qatar. Being overseas the client relied on our professional advice and in house solicitors to arrange the investment for them.

ESPC House Price Report August 2014

Aug

The number of homes being sold across Edinburgh, the Lothians and Fife has continued to rise, although the pace of growth has eased in recent months.
The number of sales recorded by ESPC rose by 13% annually between June and August.
Seller activity has also improved, with the number of homes coming onto the market up by 19% on an annual basis.
Properties are spending less time on the market, with median selling times down from eight weeks a year ago to five weeks this year.
Within Edinburgh roughly two-thirds of homes sold between June and August achieved a selling price equal to or in excess of their Home Report valuation. In other areas most homes are still selling for slightly less than their original valuation figure.