Acting As a Financial (Continuing) Attorney in Scotland
You have been appointed as a continuing (financial) attorney and now require to use your powers. Any actions taken by you or decisions made by you should comply with the guiding principles of the Adults with Incapacity (Scotland) Act 2000 and you should look at the Codes of Practice for Attorneys in Scotland. Your duties: Good practice: When […]
What are emergency repairs and what can a flat owner or factor do by way of repair works?
When common property in a tenement, i.e. any building divided horizontally to form separate units, falls into disrepair any owner or any factor must look to the title deeds to determine how to proceed to make a repair. Failure to follow any procedure outlined in the titles may result: 1. In a requirement to stop […]
Private Rented Sector Legal Recap 2024
As we approach the end of 2024, it is useful to recap on the events of the last 12 months in the private rented sector in Scotland. Key Changes On 1 March 2024 new measures were added to the Repairing Standard such that existing duties were increased and/or clarified. Here is a link to the […]
Land and Building Transactions Tax for Commercial Leases
Land and Building Transactions Tax (LBTT) is a tax applied to residential and commercial land and building transactions (including commercial leases) where a chargeable interest is acquired. Where a notifiable lease has been granted on or after 1 April 2015 then an LBTT return must be submitted by the tenant within 30 days of the […]
TC Young’s Top Tips for First-Time Buyers
Buying your first home is an exciting and life-changing milestone. However, navigating Scotland’s unique property market can feel daunting without the proper guidance. As a first-time buyer, you’ll encounter a range of unfamiliar processes, costs, and decisions that can seem overwhelming. As someone trying to get on the property ladder and working as a trainee […]
