The Key Place Newsletter, May 2017 1st May 2017

Welcome to the May edition of our newsletter, giving you current news from across the rental industry.  This month we look at how the rental market has performed Jan-March 2017, and you can read the full Citylets report.  We explore changes regarding the minimum standards for energy efficiency in the PRS.  We discuss forthcoming letting agent regulation.  Thomson Cooper accountants explain the HMRC Let Property Campaign.  And we look at the rise in the number of female landlords.  We hope you enjoy The Key Place newsletter.  Please share with friends and they can subscribe to be added to our mailing list.

The Rise of the Female Landlord 1st May 2017

For many years, the Private Rented Sector has largely been a male dominated environment. However recent research (Simple Landlords) shows this is rapidly becoming a thing of the past, with women now accounting for 2 in 5 landlords (40%).

Letting Agent Regulation 1st May 2017

A few months ago I wrote a newsletter article on letting agent regulation. Things have moved on since then, with The Letting Agent Code of Practice Regulations coming into force in January 2018.

Citylets Report 1st May 2017

Read the full report hereClick here to read Citylets Report.

HMRC Let Property Campaign 1st May 2017

Thomson Cooper is an award-winning accountancy firm with offices in central Edinburgh and Fife. They offer an extensive range of accountancy and business advisory services, with tax experts, accounting software specialists, IT and marketing consultants and a comprehensive Business Development Programme featuring free seminars and training. They have extensive experience of supporting landlord clients with domestic and commercial portfolios. The first consultation is free or join them at one of their many events.  Check out for full details.

Energy Performance Certificate Standards 1st May 2017

The Scottish Government has been in consultation for some time regarding introducing a minimum energy efficiency standard for private rented sector (PRS) properties, as part of a 15 to 20 year energy efficiency programme (Scotland’s Energy Efficiency Programme, or SEEP). The aim of the programme is to improve the energy efficiency of homes with the overall aim of reducing climate change emissions and tackling fuel poverty. Research has shown that PRS housing are the least energy efficient of all housing tenures and therefore introducing minimum standards will benefit tenants.

Market Analysis, Jan - March 2017 1st May 2017

The latest research (Citylets Q1 Report, 1st January – 31st March 2019) shows strong growth across the areas in which The Key Place operates.