The Key Place Newsletter, June 2016 1st Jun 2016

Welcome to the June edition of our newsletter, giving you news from across the rental industry.  This month we discuss whether to furnish or unfurnish your rental property; we discuss the rising incidence of reports of lousy landlords; we look at dealing with problem neighbours; and we give you an insight into where you stand if your rental property is invaded by pests.  We hope you enjoy The Key Place newsletter.  Please share with friends and they can subscribe to be added to our mailing list. 

Lousy Landlords! 1st Jun 2016

Recent research by Citizens Advice Scotland (CAS) revealed that in 2015, more than 6000 tenants complained about lousy landlords. The organisation dealt with the equivalent of 24 calls per day from private renters reporting problems with landlords and poor housing conditions. This is a worrying increase of 23% in the last 2 years, with complaints ranging from landlords not carrying out basic repairs, to landlords bullying and intimidating tenants.

Nightmare Neighbours! 1st Jun 2016

31% of us in the UK admit to disagreeing with our neighbours with noise, broken fences and untidy gardens being the most common reasons for arguments (Rattan Direct survey). If this is the case, then there is the chance that your tenants and their neighbours may not see eye to eye. Noise complaints (especially when we are in our gardens) were at the top of the list, followed by broken fences or walls, untidy gardens, and annoying children and pets.

Invasion of the pests? 1st Jun 2016

Pests and vermin can include bats, rats, mice, cockroaches, ants, bees and wasps, hide beetles, silverfish, fleas, mites, bedbugs and even squirrels! There is often some dispute about whether the landlord or tenant is responsible for dealing with infestations, and it can be very difficult to establish this in many situations. Generally speaking, a landlord will be held responsible for dealing with the problem if the property was infested at the point at which the tenant moves in. Landlords have a duty to ensure that a property is fit for habitation. If, however the infestation has arisen during the tenancy, and is as a result of living conditions created by the tenant, then the tenant will be responsible for dealing with, and paying for, the problem. If there is an issue with...

Bats, Rats and Other Animals . . . 1st Jun 2016

As letting agents who have been in the business for nearly 20 years, we’ve seen it all. Well, not elephants or penguins . . . yet!!

The Scottish Property Blog 1st Jun 2016

Buy to let continues to present a strong investment opportunity for many. Scotland is facing a chronic housing shortage at a time when demand for rental properties is on the rise. Properties are letting in record breaking times, rents are at an all-time high in many areas, and voids are minimal. Furthermore, buy to let investment could be the best move to make, as stock market investments are possibly on the wane.

Furnished or unfurnished . . . that is the question! 1st Jun 2016

One of the most frequent questions The Key Place gets from landlords is whether to let their property furnished or unfurnished. The Key Place gathers statistics on this sort of information every month and it is interesting to note the following for the month of May 2016: Edinburgh & the Lothian’s: 25% of advertised properties are being let furnished 65% of advertised properties are being let unfurnished 8% of advertised properties are being let part furnished 2% of advertised properties are being let either furnished or unfurnished Central Scotland & West Lothian: 30% of advertised properties are being let furnished 42% of advertised properties are being let unfurnished 21% of advertised properties are being let part furnished 1% of advertised properties are being let...