The Key Place June Newsletter 2015 1st Jun 2015

Welcome to the June edition of our newsletter, in which we give you up to date news from across the rental industry.  This month we are looking at the basics of buy-to-let, and buy-to-let mortgages, as well as exploring the benefits of using a letting agent. We would also like to introduce you to CKD Galbraith, experts in property sales.

We hope you enjoy The Key Place newsletter.  If you find it useful, please share with friends and they can subscribe to be added to our mailing list.

Linda Bendle, Managing Director, The Key Place.

Why Use a Letting Agent? 1st Jun 2015

There is far more to being a landlord than meets the eye. Unless you want to be dealing with a leaky toilet at 3am, or door knocking night after night looking for unpaid rent, then maybe you should think about using a reputable letting agency to manage your property, allowing you to sit back, relax and enjoy the rewards it brings. So what are the benefits of using a letting agent?

The Basics of Buy-to-Let 1st Jun 2015

The buy-to-let market is booming, with people who once would have bought their own homes chasing a limited supply of rental property. As a result, the yields on buy-to-let properties have risen to 5-10%, even more in some areas. But what do you need to consider when choosing your buy-to-let investment property? What are you looking for from your investment?

Where to Buy - That is the Question? 1st Jun 2015

The UK has reached its highest levels of employment since records began, with Edinburgh seeing the fastest growth of all cities. According to the jobs posting website CV-Library, Edinburgh saw a 79% increase in the number of job postings for April compared with the same month in 2014. It is one of the fastest growing cities in the UK, and the most prosperous outside of London, whist enjoying lower labour and property costs. As such, Edinburgh frequently ranks highly for investment attractiveness.

The Election is Over – What Now? 1st Jun 2015

The dust is beginning to settle on the 2015 UK General Election so it is a good time to have a look at what the outcome of the Election might mean for the Private Rented Sector (PRS) in Scotland.

Buy-to-Let Mortgages 1st Jun 2015

Getting the right mortgage for your buy to let property is more important than ever. There are a number of steps you can take before applying, to increase your chances of being accepted.Work Out What You Can Afford It is easy to fall in love with your dream buy to let property but if the rent does not cover the costs of the property, you could find yourself paying for it out of your salary or other income or have your property join the repossession pile. Work out what you can afford and only look at properties that fall within your budget. To do this you will need to work out your upfront and your ongoing costs, the likely deposit you will require and the rent you can expect from a property.

Our Preferred Partner for Property Sales 1st Jun 2015

CKD Galbraith is an independent property consultancy employing 225 staff in offices across Scotland including Edinburgh, Stirling, Perth, Cupar, Inverness, Castle Douglas, Ayr, Elgin, Galashiels, Kelso, and Aberdeen, offering local knowledge, national expertise and enjoying international reach. The firm is Scotland’s largest and leading rural consultancy managing and providing advice on farm, forestry, land and estate interests on over three million acres. CKD Galbraith provides the full range of property consulting services across the residential sales and lettings, commercial, rural and renewable energy sectors throughout Scotland and northern England. The partnership also enjoys a successful relationship with its associate firm in London, CKD Kennedy Macpherson.