ScotProperty.com

Can't get a BTL without providing personal income

A question received on Buy To Let, the visitor has been struggling to get a BTL mortgage with lenders insisting that he provides proof of his own income and outgoings, why?

Cost of renting soars due to shrinking supply

The UK rental market continues to be under pressure of supply which is pushing the cost of renting up. Some more popular areas are suffering more than others.

Private landlords are downsizing

Some grim news for renters is that around 40% of private landlords are downsizing their portfolios according to recent research. Market conditions resulting in unfavourable tax along with interest rate rises and other concerns are making it more difficult.

BTL Gaming, what is it?

A term you may or may not be familiar with is BTL Gaming. What is it? Can you do it? Should you do it? The short answer to the last two questions is no.

Scottish Rent Cap Update

A rent cap has been in place for Scotland since 2022. It was temporary to assist tenants during the cost of living crisis. Currently, the cap ends in March 2024. The Scottish government has announced a review ahead of this.

Cost of renting in Scotland increasing faster than London

Recent data from Zoopla reveals the cost of renting in the UK today, and it's not great news for Scotland. Glasgow has been hit the hardest in the UK with Edinburgh not far behind.

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